![](https://www.moonstone.co.za/wp-content/uploads/FATF-plenary-June-2024.jpg)
Exiting the grey list before June 2025 is unlikely, says Treasury
The FATF did not discuss removing SA from the grey list but focused on the progress the country has made in addressing the 22 Action Items.
The new Rules also incorporate the proposal to raise the Ombud’s jurisdictional limit from R800 000 to R3.5 million.
Read moreThe FATF did not discuss removing SA from the grey list but focused on the progress the country has made in addressing the 22 Action Items.
SA has staggered deadlines by when it must address the 17 outstanding items on the global body’s 22-item Action Plan, to get off the grey list.