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> especially if those customers/contractors are based in questionable countries. South Africa has lots of problems, but as far as I know terrorism financing an
by School-Cotton 3y ago
> especially if those customers/contractors are based in questionable countries.
South Africa has lots of problems, but as far as I know terrorism financing and being a hub for money laundering or tax evasion aren’t among them. I could be wrong, but I’ve never heard about South Africa in that context.
- threeseed 3y agoAccording to this [1], South Africa is on the list of FATF high-risk countries. Surprised Wise even allowed them to make a single transaction before doing the check. [1] https://www.fatf-gafi.org/en/publications/High-risk-and-other-monitored-jurisdictions/Increased-monitoring-june-2023.html https://www.fatf-gafi.org/en/publications/High-risk-and-othe...