Khurshid Fazel

Jun 28, 2023 | dealmakerssouthafrica.com | Khurshid Fazel

Practical examplesTwo examples of how SLF was used to achieve impact outcomes are demonstrated by a property group and a diversified industrial group. ​The property group secured SLF to install solar PV on the rooftops of its warehouses, for its tenants. The lending bank discussed appropriate key performance indicators (KPIs) and milestones that had to be achieved in order to obtain preferential terms, and the achievement of these targets had to be independently verified.

Mar 19, 2023 | graziadaily.co.za | Khurshid Fazel

South Africa has actually placed brand-new regulations in position to resolve the Financial Action Task Force’s (FATF) worries, and those associating with useful possession will certainly have a considerable effect on banks and firms. In February 2023, the FATF put South Africa on the ‘grey listing’ of nations which are under enhanced tracking.

Mar 18, 2023 | banoyi.com | Khurshid Fazel

South Africa has put new laws in place to address the Financial Action Task Force’s (FATF) concerns, and those relating to beneficial ownership will have a significant impact on financial institutions and companies. In February 2023, the FATF placed South Africa on the ‘grey list’ of countries which are under increased monitoring.