Greylisting ‘unlikely to affect the financial sector’

National Treasury director-general Ismail Momoniat says authorities have reduced the number of actions required by the Financial Action Task Force to just eight from 67 initially

26 February 2023 - 00:02 By KHULEKANI MAGUBANE and DINEO FAKU

Acting National Treasury director-general Ismail Momoniat is confident South Africa’s greylisting by the Financial Action Task Force (FATF) won’t affect the financial sector. ..

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.