Anti-Money Laundering
South Africa exits FATF grey list after reforms
The Financial Action Task Force (FATF) has removed South Africa from its grey list, marking a significant achievement in anti-money laundering efforts. This decision follows extensive coordination between government bodies and the private sector. However, some in the financial sector question the ongoing burdens of transaction monitoring.
South Africa exits FATF greylist after reforms
The Financial Action Task Force has removed South Africa from its greylist, ending a two-year period of increased monitoring for anti-money laundering deficiencies. The decision, announced on October 24, 2025, follows the completion of 22 action items and highlights improvements in investigations and prosecutions. Experts praise the swift progress but stress the need for sustained enforcement to avoid future relisting.
Nigeria exits FATF grey list after key reforms
Nigeria has been removed from the Financial Action Task Force (FATF) grey list, ending over two years of scrutiny for money laundering and terrorist financing risks. The delisting follows Central Bank of Nigeria-led reforms implementing anti-money laundering measures. This step restores confidence in the country's financial system and eases international transactions.
Nigeria removed from FATF grey list
The Financial Action Task Force has delisted Nigeria from its global grey list of jurisdictions under increased monitoring. President Bola Tinubu welcomed the development as a milestone for the country's financial integrity.