# Minister of Trade, Industry and Competition, Parks Tau, says government is committed to keeping South Africa off the grey list and making the country a place where no one can hide behind a company. South Africa was officially removed from the Financial Action Task Force grey list on October 24, 2025, ending 32 months of enhanced international monitoring. Tau says the country’s efforts to enhance financial integrity and combat money laundering will be implemented through the Companies and Intellectual Property Commission beneficial ownership register and inter-agency collaboration.
Minister Tau says government is committed to keeping the country off the grey list