South Africa on Terrorism, Homeland Security & Defence

The Financial Action Task Force (FATF) issued South Africa's Third Enhanced Follow-Up Report and Technical Compliance Re-Rating in respect of its measures to tackle money laundering and terrorist financing on 5 November.

In terms of section 21B of the Financial Intelligence Centre Act 38 of 2001 ("FICA"), as amended by the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022...

By way of background, the Financial Action Task Force ("FATF") is an independent inter-governmental body that develops and promotes policies...