# National Treasury says it has addressed 20 out of the 22 action items outlined in the action plan, to remove South Africa from the Financial Action Task Force grey list. The country was grey listed in February 2023, for not complying with international standards that relate to money laundering and addressing illicit financial flows. Treasury says the two remaining items are expected to be addressed in the reporting period from March to June, which would enable the country to be considered for delisting from the grey list in October.
SA is making progress towards exiting the Financial Action Task Force grey list