Finance minister’s prediction that SA will escape Financial Action Task Force’s greylist by mid-2024 is unrealistic, says FirstRand CEO Alan Pullinger
Finance Minister Enoch Godongwana is being far too optimistic in predicting that SA will be removed from the Financial Action Task Force’s greylist by mid-2024.
That much is clear based on the views of FirstRand CEO Alan Pullinger, who says SA faces two to three years on the financial greylist, while one of the country’s leading compliance advisories says it may take up to five years to be removed...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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