CHRIS BARRON: SA cannot escape greylisting, says Financial Intelligence Centre chief

Xolisile Khanyile, director of the Financial Intelligence Centre, says in spite of speculation to the contrary, SA is going to be greylisted because it hasn't met the requirements of the Financial Action Task Force for combating  money laundering and terrorism financing. 

“I don't see us escaping greylisting at all, and that's not a good experience. Once you are greylisted the repercussions are dire.”..

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