SA faces a difficult juggling act to avoid blacklisting which could hamper global trade
By Opinion | Published Jul 16, 2023
Following a bout of shocks to the country’s economy over the past few years, South Africa was suddenly struck with another bombshell earlier this year as the Financial Action Task Force (FATF) announced that the country had been globally greylisted considering government’s efforts to improve its compliance to international standards in preventing illegal financial activities had fallen short. By Harry Scherzer, CEO, Future Forex