News and Updates

[LISTEN] Government's suggestions to avoid grey-listing could be problematic to NPOs (CapeTalk)

10 October 2022

Bruce Whitfield speaks to William Bird, director at Media Monitoring Africa.

  • The Financial Action Task Force (FATF) is a global money-laundering and terrorist-financing watchdog.
  • The FATF sets international standards that aim to prevent illegal activities and the harm they cause to society.
  • Greylisting will have dire consequences for the economy, as it will hamper SA's ability to attract investment.
  • Government's proposal is to have all NPOs register in order to be granted approval to operate.

Listen to the interview: https://www.capetalk.co.za/articles/456755/government-s-suggestions-to-avoid-grey-listing-could-be-problematic-to-npos

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