South Africa Says on Track to Exit Dirty Money Watchlist in 2025
- Treasury says challenges remain in tackling illicit flows
- Country has until February 2025 to address watchdog concerns
South African rand banknotes
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa is on course to exit a global dirty money watchlist next year but challenges remain in addressing system shortcomings, according to the National Treasury.
South Africa has until February to address items flagged by the Financial Action Task Force to get off the so-called grey list by June 2025.