General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2025: Extension: Comments invited | South African Government

https://www.gov.za/documents/notices/general-laws-anti-money-laundering-and-combating-terrorism-financing-amendment-1
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Official South African Government Information and Services website, President Cyril Ramaphosa, Deputy President Paul Mashatile, Minister John Steenhuisen, Minister Siviwe Gwarube, Minister Solly Malatsi, Minister Velinkosi Hlabisa, Minister Pieter Groenewald, Minister Angie Motshekga, Minister Kgosientsho Ramokgopa, Minister Nomakhosazana Meth, Minister Enoch Godongwana, Minister Dion George, Minister Aaron Motsoaledi, Minister Nobuhle Nkabane, Minister Leon Schreiber, Minister Thembisile Simelane, Minister Ronald Lamola, Minister Mmamoloko Kubayi, Minister Mzwanele Nyhontso, Minister Gwede Mantashe, Minister Maropene Ramokgopa, Minister Senzo Mchunu, Minister Khumbudzo Ntshavheni, Minister Inkosi Mzamo Buthelezi, Minister Dean Macpherson, Minister Blade Nzimande, Minister Stella Ndabeni-Abrahams, Minister Sisisi Tolashe, Minister Gayton McKenzie, Minister Patricia de Lille, Minister Parks Tau, Minister Barbara Creecy, Minister Pemmy Majodina, Minister Sindisiwe Chikunga

2026-02-20 09:52:56 · rghosh@vixio.com
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TITLE: South Africa's Department of Justice Extends Comment Period on Anti-Money Laundering Amendment Bill BODY: South Africa's Department of Justice has extended the comment period for the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2025. The amendment bill seeks to strengthen the country's anti-money laundering (AML) and counter-terrorism financing (CTF) framework by modifying existing general laws. The extension allows stakeholders, including financial institutions, compliance professionals, civil society organisations, and other interested parties, additional time to review and submit comments on the proposed amendments. The bill aims to enhance South Africa's AML/CTF regime to ensure compliance with international standards and improve the effectiveness of measures designed to combat financial crime and terrorism financing. The extended comment period closes on Monday, March 2, 2026, at 12:00. Interested parties are invited to submit their comments on the proposed amendments by this deadline. Submissions should reference the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2025, and can be made through the channels specified in the official notice published on the South African Government website. The Department of Justice will review all comments received during the consultation period before proceeding with further legislative steps. **Reference:** South African Government. General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2025: Extension: Comments invited. Available at: gov.za
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