EU clears SA from high-risk country jurisdictions list
Автор: Newzroom Afrika
Загружено: 2026-01-13
Просмотров: 2479
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South Africa's removal from the European Union's list of "high-risk third country jurisdictions” is as a result of the country's efforts to strengthen its anti-money laundering and counter-terrorism financing systems. This will see EU financial institutions no longer being required to apply enhanced due diligence to transactions involving SA, reducing friction in financial flows. It however doesn’t mean that all challenges have been resolved as the country is still required to put in more effort in tightening its systems. KPMG lead economist Frank Blackmore speaks to #Newzroom405's Tumisang Ndlovu.
Tune into Newzroom Afrika DStv channel 405 for more.
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