‘Dirty money’ greylisting decision due by Thursday

Monday, October 18, 2021 | 1380 Views |

Optimistic: Serame expects an exit from the greylisting PIC: PHATSIMO KAPENG

The finance ministry and other economic stakeholders in the country will know by Thursday whether Botswana will finally be removed from the global money-laundering greylist it has been on since 2018.

The Financial Action Task Force (FATF), the world’s leading multinational anti-money laundering agency, is set to hold its plenary between Tuesday and Thursday in Paris, with delegates from across the world meeting in Paris and virtually.

The FATF’s decision will be publicised on Thursday and should Botswana be removed from the greylisting, it will also subsequently be removed from the European Union’s blacklist for anti-money laundering.

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‘Dirty money’ greylisting decision due by Thursday

The finance ministry and other economic stakeholders in the country will know by Thursday whether Botswana will finally be removed from the global money-laundering greylist it has been on since 2018.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

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Inspect the voters' roll!