# FATF grey list status in Southern Africa > Developing situation record from CLSTR: https://clstr.news/situations/fatf-grey-list-status-in-southern-africa > Updated: 2026-10-28T12:01:47.000Z. Sources: 4. Developments: 2. Southern African nations are navigating different levels of risk regarding their standing with the Financial Action Task Force (FATF). In Mozambique, the Council of Ministers has reviewed a national statistical report covering October 2025 to June 2026. Government officials stated that monitoring measures are intended to ensure the country maintains progress following its removal from the FATF grey list in October 2025. The Mozambique Financial Intelligence Unit (GIFiM) has recommended continued improvements in risk mapping to prevent future deficiencies in combating financial crimes. Conversely, South Africa faces the risk of returning to the grey list. Business Leadership South Africa (BLSA) reported that while the country was previously removed from the list of jurisdictions under increased monitoring, there has been a lack of progress in critical anti-corruption reforms. Specifically, experts noted unresolved weaknesses in investigating organized crime, successful prosecutions, and the recovery of criminal assets. South Africa is preparing for a formal FATF peer review scheduled for the first quarter of 2027 to assess its sustained legislative and structural reforms. ## Timeline ### 2026-10-28: South Africa faces risk of returning to FATF grey list Business group BLSA warns South Africa may return to the FATF grey list due to stagnant anti-corruption reforms and persistent weaknesses in law enforcement and criminal investigations. 2 sources. https://clstr.news/cluster/south-africa-faces-risk-of-returning-to-fatf-grey-list ### 2026-10-28: Mozambique strengthens oversight to avoid return to FATF grey list Mozambique is enhancing its oversight mechanisms and monitoring financial crime reports to maintain its status after being removed from the FATF grey list in October 2025. 2 sources. https://clstr.news/cluster/mozambique-strengthens-oversight-to-avoid-return-to-fatf-grey-list --- Cite as: FATF grey list status in Southern Africa. CLSTR, https://clstr.news/situations/fatf-grey-list-status-in-southern-africa