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Grey list removal a milestone, not mission accomplished

Last Friday (24 October 2025), news broke that South Africa was removed from the Financial Action Task Force’s (FATF) grey list. By Sameer Kumandan, MD of SearchWorks This comes after the country made significant progress to improve the effectiveness of its anti-money...

Why the greylisting outcome demands a new era of financial integrity

The verdict is in: South Africa has been removed from the Financial Action Task Force (FATF) grey list. It’s a milestone worth celebrating, but not a finish line, writes Hawken McEwan, director of risk and compliance at nCino KYC Africa. The reforms of the past two...

Digital blindspots: how fincrime thrives in SA

South Africa has tightened Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations since the Financial Action Task Force (FATF) greylisting in 2023, but financial crime (fincrime) remains prevalent. By Bradley Elliott, CEO of RelyComply  While some money...

Lagging banks could get caught by Travel Rule complexities

As regulators in South Africa and across the continent move to enforce the Travel Rule, local banks are lagging on implementing the requirements and, if they don’t move quickly, they could face severe, but unnecessary consequences. The rapid evolution of digital...
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