South Africa Greylisted

Last Updated on 08/07/2023 by Carl-Peter Lehmann

South Africa has been greylisted by the Financial Action Task Force. While it doesn’t come as big surprise, it could have repercussions for South African investors with foreign assets, and make the cost of doing business with South Africa more difficult for foreign companies. 

While the FATF says it does not call for enhanced due diligence measures to be applied to greylisted jurisdictions, foreign institutions like banks and other financial organisations might see it differently.

Steven Hall, Director and Founding Partner of Henceforward, shares his thoughts in the video below.

Share via your favourite social media platform

Facebook
Twitter
LinkedIn
WhatsApp
Generational Wealth Transfer and its implications

South Africa is on the cusp of one of the largest intergenerational wealth transfers in its history. With over 30% of high-net-worth individuals (HNWIs) now over the age of 60, the next decade is expected to see trillions of rands passed down to younger generations.

stages of retirement planning, emotional retirement planning

The move from a structured, purpose-driven life to an open canvas can stir excitement, uncertainty, and even fear. While financial readiness is essential, emotional readiness is equally vital. This is the art of transition: learning to navigate the psychological, emotional, and social shifts that accompany retirement.

Retiree Case Study

After 15 years of retirement, Jan felt his portfolio was being neglected — and that his advisory fee was too high. Here’s how we helped him build a more robust, tax-efficient retirement strategy while cutting advice costs by over R230,000 per year.

Sign up to our newsletter to stay informed on our latest news, views and insights on financial planning and investing

* indicates required

Download Your Free Copy of the 8 Deadly Investment Sins and Transform Your Investment Results!