Webber Wentzel is an African firm founded in South Africa more than 150 years ago. We provide in-depth legal and tax services throughout the continent. Our alliance with Linklaters and network of deep relationships with Africa's leading firms allows us to draw on the highest quality and most business relevant pan-African advice - matching this to the needs of our clients. We have over the last 50 years worked on some of the most transformative and significant matters on the African continent.
All content for Webber Wentzel Legal Insights is the property of Webber Wentzel and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Webber Wentzel is an African firm founded in South Africa more than 150 years ago. We provide in-depth legal and tax services throughout the continent. Our alliance with Linklaters and network of deep relationships with Africa's leading firms allows us to draw on the highest quality and most business relevant pan-African advice - matching this to the needs of our clients. We have over the last 50 years worked on some of the most transformative and significant matters on the African continent.
Greylisting: Unveiling South Africa's AML Efforts and the 2025 Delisting Ambition
Webber Wentzel Legal Insights
21 minutes 21 seconds
1 year ago
Greylisting: Unveiling South Africa's AML Efforts and the 2025 Delisting Ambition
A year ago, greylisting by the Financial Action Task Force (FATF) cast a shadow over South Africa's financial landscape. This designation, which represents deficiencies in a country's regulatory regime in the fight against money laundering, proliferated financing and terrorist financing, has raised concerns about economic consequences and global competitiveness.
In this podcast, Gabi Richards-Smith, Lerato Lamola, Kirsten Wolmarans, and Rashaad Carrim delve into the complex journey of removing South Africa from greylisting.
This insightful discussion tackles the remaining hurdles and emphasises the collective effort needed for delisting. While challenges persist, cautious optimism prevails for a 2025 delisting and a more robust anti-money laundering system in South Africa.
Guests: Lerato Lamola – Associate Director, Webber Wentzel Financial Regulatory, Kirsten Wolmarans – partner, Webber Wentzel Dispute Resolution and Rashaad Carrim – partner, Webber Wentzel Banking and Finance
Host: Gabi Richards-Smith – partner, Webber Wentzel Financial Regulatory
Webber Wentzel Legal Insights
Webber Wentzel is an African firm founded in South Africa more than 150 years ago. We provide in-depth legal and tax services throughout the continent. Our alliance with Linklaters and network of deep relationships with Africa's leading firms allows us to draw on the highest quality and most business relevant pan-African advice - matching this to the needs of our clients. We have over the last 50 years worked on some of the most transformative and significant matters on the African continent.
