Core Viewpoint - South Africa has been removed from the special scrutiny list for illegal financial flows by global regulatory bodies, marking a significant achievement in the country's efforts to enhance its anti-money laundering and counter-terrorism financing systems [1] Group 1: Regulatory Changes - The Financial Action Task Force (FATF) announced the removal of South Africa from the special scrutiny list after the government intensified its efforts against money laundering and terrorism financing [1] - Nigeria, Mozambique, and Burkina Faso were also removed from the same list, indicating a broader trend of regulatory improvement in these countries [1] Group 2: Economic Implications - The South African Treasury stated that being removed from the special scrutiny list is a crucial milestone and reflects two years of persistent efforts by the government [1] - Analysts believe that the removal from the list will help attract foreign capital and reduce financing costs, thereby promoting economic growth [1]