{"id":13744,"date":"2025-10-25T09:07:49","date_gmt":"2025-10-25T07:07:49","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sa-exiting-grey-list-is-an-important-milestone-treasury\/"},"modified":"2026-02-27T16:26:33","modified_gmt":"2026-02-27T14:26:33","slug":"sa-exiting-grey-list-is-an-important-milestone-treasury","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-exiting-grey-list-is-an-important-milestone-treasury\/","title":{"rendered":"SA exiting grey list is an important milestone: Treasury"},"content":{"rendered":"<p>The National Treasury has welcomed the Financial Action Task Force\u2019s (FATF) decision to remove South Africa (SA) from the Greylist.<\/p>\n<p>It emphasises that Government has worked tirelessly to address all the deficiencies reflected in the 22 action item plan agreed between the country and FATF.<\/p>\n<p>The global financial crime watchdog placed SA on the greylist in 2023, citing the country\u2019s failure to comply with international standards around the prevention of money laundering and terrorist financing.<\/p>\n<p>In a statement, Treasury says exiting the greylist is an important milestone and a demonstration of the country\u2019s commitment to rebuilding the rule of law.<\/p>\n<p>It adds that Government agencies and regulated entities in the private sector cannot afford to become complacent and stop improving.<\/p>\n<p>The FATF requires countries that have exited the greylist to demonstrate continued commitment through measurable outcomes, including successful investigations, prosecutions, and sanctions as they relate to Anti-Money Laundering and Countering the Financing of Terrorism (AML\/CFT).<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;SABC&#8211;<\/p>\n","protected":false},"featured_media":13745,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-13744","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"In a statement, Treasury says exiting the greylist is an important milestone and a demonstration of the country\u2019s commitment to rebuilding the rule of law.","published_date":null,"news_description":"In a statement, Treasury says exiting the greylist is an important milestone and a demonstration of the country\u2019s commitment to rebuilding the rule of law.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13744\/revisions"}],"predecessor-version":[{"id":18723,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13744\/revisions\/18723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13745"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=13744"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=13744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}