South Africa’s Post-greylisting Moment: Why Enforcement Now Matters More Than Ever
Following its removal from the FATF grey list in 2025, South Africa faces increased pressure to demonstrate effective enforcement against financial crimes. The Madlanga Commission's findings on corruption are central to the country's ongoing efforts to maintain its international standing.
South Africa's removal from the Financial Action Task Force ( "FATF" ) grey list on 24 October 2025 marked a significant achievement. It reflected a concerted effort by policymakers, regulators and law enforcement agencies to strengthen the country's anti-money laundering and counter-terrorism financing framework. However, as recent developments linked to the Madlanga Commission have shown, the work is far from done. In many ways, it is only just beginning.
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