National Treasury deputy director-general Ismail Momoniat believes South Africa can meet a 10-month deadline to provide tangible evidence to the Financial Action Task Force (FATF) that it is combating money laundering and terrorist financing.

“It's going to be extremely tough, but it's doable”, says Momoniat, whose term at the Treasury has been extended so he can lead the project to get the country off the global financial crime watchdog's dreaded greylist...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.