Identifier
Created
Classification
Origin
08PRETORIA2462
2008-11-07 07:27:00
CONFIDENTIAL
Embassy Pretoria
Cable title:
SOUTH AFRICAN RESPONSE TO FATF GUIDELINES ON IRAN
how-toVZCZCXYZ0000 RR RUEHWEB DE RUEHSA #2462 3120727 ZNY CCCCC ZZH R 070727Z NOV 08 ZDK FM AMEMBASSY PRETORIA TO RUEHC/SECSTATE WASHDC 6360 INFO RUEATRS/DEPT OF TREASURY WASHINGTON DC
C O N F I D E N T I A L PRETORIA 002462
SIPDIS
STATE FOR ISN/CPI KEVIN MCGEEHAN, T, AND NEA/IR
E.O. 12958: DECL: 11/06/18
TAGS: IR KNNP MNUC PARM PREL SF
SUBJECT: SOUTH AFRICAN RESPONSE TO FATF GUIDELINES ON IRAN
REF: STATE 114408
Classified By: Economic Counselor Perry Ball, reasons
1.4 (b) and (d)
C O N F I D E N T I A L PRETORIA 002462
SIPDIS
STATE FOR ISN/CPI KEVIN MCGEEHAN, T, AND NEA/IR
E.O. 12958: DECL: 11/06/18
TAGS: IR KNNP MNUC PARM PREL SF
SUBJECT: SOUTH AFRICAN RESPONSE TO FATF GUIDELINES ON IRAN
REF: STATE 114408
Classified By: Economic Counselor Perry Ball, reasons
1.4 (b) and (d)
1. (C) Deputy Economic Counselor delivered reftel demarche
to Financial Intelligence Centre Senior Manager (Legal and
Policy) Pieter Smit on November 6. Smit said that the FATF
guidance of October 17, 2008, dealing with UNSCR 1803, would
be circulated to South African financial regulators
(including the South African Reserve Bank and the Financial
Services Board) in the near future, along with a message
urging regulators and institutions to heed the risks of
dealing with Iranian institutions. Smit noted that the FATF
statement of October 16 dealing with Iran had already been
circulated. In general, Smit said he had no doubt that the
major financial institutions of South Africa were already
aware of the need to exercise vigilance with regard to
Iranian transactions.
BOST
SIPDIS
STATE FOR ISN/CPI KEVIN MCGEEHAN, T, AND NEA/IR
E.O. 12958: DECL: 11/06/18
TAGS: IR KNNP MNUC PARM PREL SF
SUBJECT: SOUTH AFRICAN RESPONSE TO FATF GUIDELINES ON IRAN
REF: STATE 114408
Classified By: Economic Counselor Perry Ball, reasons
1.4 (b) and (d)
1. (C) Deputy Economic Counselor delivered reftel demarche
to Financial Intelligence Centre Senior Manager (Legal and
Policy) Pieter Smit on November 6. Smit said that the FATF
guidance of October 17, 2008, dealing with UNSCR 1803, would
be circulated to South African financial regulators
(including the South African Reserve Bank and the Financial
Services Board) in the near future, along with a message
urging regulators and institutions to heed the risks of
dealing with Iranian institutions. Smit noted that the FATF
statement of October 16 dealing with Iran had already been
circulated. In general, Smit said he had no doubt that the
major financial institutions of South Africa were already
aware of the need to exercise vigilance with regard to
Iranian transactions.
BOST