S&P Global warns South Africa on greylisting
Could raise government borrowing costs
South Africa was notified by the UN-aligned global body two years ago that it had insufficient money laundering and anti-terrorism financing controls and risked being placed on the FATF grey list.
Credit rating agency S&P Global Ratings has warned that greylisting by the Financial Action Task Force (FATF) could raise government borrowing costs but will not immediately affect...
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