South Africa grey listed Archives

FIC says SA could exit the grey list within months

News Watch

FIC says SA could exit the grey list within months

The Financial Intelligence Centre (FIC) confirms in its annual report that South Africa is on schedule to meet international standards to combat money laundering...

DatanamixDecember 5, 2024

Financial services regulators lay some smack down as potential greylisting removal date approaches

News Watch

Financial services regulators lay some smack down as potential greylisting removal date approaches

As June 2025 approaches and with it hopes of South Africa being removed from the Financial Action Task Force greylist, local regulators and financial...

DatanamixOctober 8, 2024

Two sectors holding South Africa back from getting off the grey list – and time is running out

News Watch

Two sectors holding South Africa back from getting off the grey list – and time is running out

South Africa has hit a bump in its plans to get off the Financial Action Task Force’s (FATF’s)grey list, with two industries in particular...

DatanamixMay 13, 2024

Listing Status South Africa was recently grey-listed by the Financial Action Task Force (FATF). This means that South Africa has been identified as a high-risk jurisdiction for money laundering and terrorist financing. This designation comes with significant implications, one of which is that businesses in South Africa will now have to manage risk more effectively.

Datanamix News

Datanamix AML Sanction Screening Services to solve South Africa’s Grey Listing Status

South Africa was recently grey-listed by the Financial Action Task Force (FATF). This means that South Africa has been identified as a high-risk jurisdiction...

DatanamixMarch 22, 2023