Acting National Treasury director-general Ismail Momoniat is confident South Africa’s greylisting by the Financial Action Task Force (FATF) won’t affect the financial sector. 

Speaking on Friday from Paris where he led a government delegation to meet the FATF, Momoniat said that while the decision was disappointing, the intergovernmental organisation recognised that South Africa had made good progress in reducing to just eight the number actions still required to be given the all clear, and the financial sector was not part of them...

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