PROGRESS TOWARDS FATF GREYLISTING REMOVAL @KASIBC_NEWS

ONLINE EDITOR @KASIBC_AFRICA MAKEKASIGREAT©®™

PROGRESS TOWARDS FATF GREYLISTING REMOVAL @KASIBC_NEWS 



The African National Congress (ANC) welcomes the significant progress made by the South African government in addressing the 22 action items identified by the Financial Action Task Force (FATF) since South Africa was greylisted in 2023. This development follows the FATF’s positive report confirming that South Africa has substantially completed its action plan and now qualifies for an on-site assessment. 

This assessment will verify the implementation of reforms in Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT), and assess the country’s sustained political commitment to financial system integrity and transparency. 

This is a major milestone for South Africa, both domestically and internationally. It strengthens the credibility of our financial system and contributes to the global and national fight against illicit financial flows, terrorism financing, and the legacy of state capture. 

The ANC commends the sterling work and collaborative effort of the National Treasury, the National Prosecuting Authority (NPA), the Directorate for Priority Crime Investigation (DPCI), the South African Police Service (SAPS), and the State Security Agency (SSA) in realising this achievement. 

This progress not only enhances investor confidence but also affirms South Africa’s role as a serious and responsible global actor in combatting financial crimes and upholding democratic governance. As the ANC, we reaffirm our commitment to building a capable, ethical, and developmental state. 

We will continue to support government efforts to fully comply with global standards, ensuring that the country is permanently removed from the greylist and that our financial systems are protected from abuse. 

This is a victory for good governance, institutional renewal, and the people of South Africa. 


Comments

Post a Comment

KASIPEOPLE

Popular posts from this blog

CAPE TOWN INTERNATIONAL AIRPORT @KASIBCNEWS

ONLINE EDITOR @KASIBC_AFRICA MAKEKASIGREAT©®™
Image
CAPE TOWN INTERNATIONAL AIRPORT @KASIBCNEWS Please see attached soundbites in English and Afrikaans by Dr Chris Hunsinger MP @KASIBCAUDIO  The DA will request an urgent Parliamentary Portfolio Committee hearing on the ongoing and growing breakdowns of service at South Africa’s major airports. Minister Creecy and the senior management of ACSA must be called to report to committee on the scope of the brewing crisis, and their plans to address it. It is unacceptable that flights are being grounded at South African airports due to failures by entities within the Department of Transport. It simply cannot continue. This week, flights were delayed and diverted at Cape Town International Airport due to a fuel pump failure under the management of Airports Company South Africa (ACSA). Earlier this month, alarming reports revealed that ACSA has fuel supply at OR Tambo International Airport only until the end of January 2025, raising grave concerns about operational stability in February. Mini...
Read more

Prisoners Electric Shocking by Wardress @KASIBCNEWS

ONLINE EDITOR @KASIBC_AFRICA MAKEKASIGREAT©®™
Image
Prisoners Electric Shocking by Wardress @KASIBCNEWS  SAPOHR is Angered, Shocked and Outraged about the death of a Female Prisoner at Jhb a Female Prison, through Electric Shocking by Wardress The South African PRISONERS ORGANISATION FOR HUMAN RIGHTS (SAPOHR), is fuming after we learned of the sudden death of Female Prisoner, /Revo/ the .late Ayanda Jandisa Mkhize at the hands of those who were entrusted with the official duties to safe guard her protect and keep her , at Jhb Female Prison, whilst she serve her duties to the community she violated, says Golden Miles Bhudu, National spokesperson of SAPOHR SAPOHR was contacted by a family member an hour ago via a Whats-Up note (find attached),and was informed of this tragic incident, where the late Ms. Ayanda Jandisa Mkhize, who was found with a cellular phone during a random strip search, and was isolated from the rest of her fellow inmates, taken to an isolated spot and shocked with Electric Wires as a form of torture to confess ...
Read more

Mzansi Golden Economy (MGE) Grant Funding @KASIBCNEWS

ONLINE EDITOR @KASIBC_AFRICA MAKEKASIGREAT©®™
Image
Mzansi Golden Economy (MGE)  Grant Funding @KASIBCNEWS  DSAC announces the opening of Mzansi Golden Economy (MGE) & target groups: arts and social development applications grant funding applications (at 12:00) to the cultural and creative industries/ arts, culture and heritage fraternity The National Department of Sport, Arts and Culture officially announces the opening of Mzansi Golden Economy (MGE) and Target Group: Arts and Social Development call for grant funding applications to the cultural and creative industries/ Arts, Culture and Heritage Fraternity. A call for application opens from today, 08 November to Friday, 06 December 2024.  1. Mzansi Golden Economy (MGE) Launched with a mandate to increase economic growth and to create jobs in the country, the Mzansi Golden Economy strategy considers the arts, culture, and heritage sector as the “new gold” which has the potential to reposition the sector as the key market player in the country’s economic development. ...
Read more