Country confident of shift by global financial crime watchdog after prosecutions blitz, says central bank governor ...

The staggering scale and sophistication of money laundering The scale of this problem is astounding. Estimates suggest South African businesses launder between R16 billion and R64 billion annually.

Money laundering in South Africa shows that the battle against crime in the country is not only fought in the streets but also in the boardrooms, in online meetings and in banks and companies all ...

The FATF grey listed SA in February 2023 due to its failure to combat illicit financial flows and terrorist funding.

JOHANNESBURG (AP) — South African President Cyril Ramaphosa denied allegations of money laundering while being questioned by lawmakers Thursday over a scandal that threatens his position and the ...

South Africa’s Financial Intelligence Centre (FIC) has slammed legal practitioners, estate agents, trust service providers, company service providers, and various other sectors for keeping the ...

SwissAid's latest report reveals the alarming extent of corruption among officials in South Africa's gold trade, highlighting ...

South Africa is now deemed to have largely addressed 16 of the 22 action items in its Action Plan to exit the grey list.

Money laundering as below is easy to understand but at times challenging to prove as below it is defined: Money laundering takes several different forms although most methods can be categorized into ...

The bill aims to enhance South Africa’s Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) system by addressing deficiencies identified by the Financial Action Task Force (FATF) ...

The staggering scale and sophistication of money laundering The scale of this problem is astounding. Estimates suggest South African businesses launder between R16 billion and R64 billion annually.

South African President Cyril Ramaphosa has denied allegations of money laundering while being questioned by lawmakers over a scandal that threatens his position and the direction of Africa’s ...