Zimbabwe has recently improved and the country has been removed from the FATF greylist, but if the US dollar becomes anything of
07 Aug 2022, 16:00
Zimbabwe has recently improved and the country has been removed from the FATF greylist, but if the US dollar becomes anything of the cash-based system it used to be in Zimbabwe, there will be red flags from the FATF authorities again.
Same news in other sources
307 Aug 2022, 16:30
It will be much harder for the Zimbabwean banks to facilitate transactions without increasing FATF regulatory backlash, and possible suspension of their nostro accounts at offshore international banks.
It will be much harder for the Zimbabwean banks to facilitate transactions without increasing FATF regulatory backlash, and poss
It will be much harder for the Zimbabwean banks to facilitate transactions without increasing FATF regulatory backlash, and possible suspension of their nostro accounts at offshore international banks.
https://t.co/cX1V7Vqsm1
07 Aug 2022, 16:20
Our banks could be facing an increasing number of cash deposits where it would be impossible to ascertain the source of the funds — it presents a significant money laundering risk to the system, which cannot be fixed without fixing the cash-based system.
Our banks could be facing an increasing number of cash deposits where it would be impossible to ascertain the source of the fund
Our banks could be facing an increasing number of cash deposits where it would be impossible to ascertain the source of the funds — it presents a significant money laundering risk to the system, which cannot be fixed without fixing the cash-based system.
https://t.co/cX1V7Vqsm1
07 Aug 2022, 16:10
With the current weaknesses in the Zimbabwean banking system, the economy has begun to descend back into a cash-based system. This is not dissimilar to 2009 after the first hyperinflation in Zimbabwe.
With the current weaknesses in the Zimbabwean banking system, the economy has begun to descend back into a cash-based system.
With the current weaknesses in the Zimbabwean banking system, the economy has begun to descend back into a cash-based system. This is not dissimilar to 2009 after the first hyperinflation in Zimbabwe.
https://t.co/cX1V7Vqsm1