-
South Africa: Godongwana Welcomes NCOP Passing of Amended Finance Bill
SAnews.gov.za, 22 November 2022
Finance Minister Enoch Godongwana has welcomed the passing of the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill by the National Council of… Read more »
-
South Africa: SA Should Implement FATF Recommendations to Avoid Greylisting, Says Kganyago
SAnews.gov.za, 17 August 2022
South Africa can avoid possible greylisting if it were to implement recommendations contained in the Financial Action Task Force (FATF) mutual evaluation report. Read more »
-
South Africa: Treasury Tables Bill to Tackle Money Laundering
SAnews.gov.za, 30 August 2022
Reiterating government's commitment to nip illicit money flows, Finance Minister Enoch Godongwana has tabled in Parliament the Anti-Money Laundering and Combating Terrorism… Read more »
-
South Africa: Minister Enoch Godongwana - Medium Term Budget Policy Statement
Govt of SA, 26 October 2022
Medium Term Budget Policy Statement; 26 October 2022 Read more »
South Africa Closes Finance Bill Loopholes to Stop Crime
South Africa's Finance Minister Enoch Godongwana has welcomed the passing of the Finance Amendment Bill on November 22, 2022 - to counter money laundering, as well as the financing of terrorism. This amendment aims to prevent "greylisting" - defined as a global attempt at preventing illicit funds being channelled to terror groups or organisations.
The minister said this development marked a significant milestone in actions taken by South Africa to address deficiencies in dealing with money laundering and the financing of terror, that was identified by the Financial Action Task Force (FATF).
InFocus
-
Finance Minister Enoch Godongwana has delivered his medium-term budget speech (MTBS) in Cape Town. Key issues discussed include the decline of economic growth projections from ... Read more »
-
Finance Minister Enoch Godongwana has delivered what many have called a 'cautious' budget. In his opening remarks, he emphasised that South Africa's economic recovery had "been ... Read more »
