17
Feb
The government says we have made measurable progress in addressing the deficiencies identified by the Financial Action Task Force (FATF) as we work toward exiting the grey list. That progress is welcome. But as reforms gather pace, we must ensure that compliance strengthens our economy rather than quietly constraining it. Grey listing does not mean our country is corrupt. It signals weaknesses in systems meant to combat money laundering and terrorism financing. For us, a small, open economy dependent on diamonds, uranium, fisheries, tourism and regional trade, reputation matters. International banks and investors pay attention to these signals, sometimes more…
