South Africa needs more political will to exit dirty-money list
South Africa needs decisive political buy-in to ensure its exit from a global dirty-money watch list by a June deadline, a top official at the nation’s financial regulator said. Finance Minister Enoch Godongwana has ramped up efforts to co-ordinate government response to problem areas identified by the Financial Action Task Force, which compiles the gray list, said Farzana Badat, deputy commissioner of the Financial Sector Conduct Authority.