Global Risk Report for 2023 released by World Economic Forum

South Africa pass 2 acts to strengthen AML/CTF controls
Threshold under POCA rises

The World Economic Forum has released its Global Risks Report for 2023. The report considers current risks and also sets out their view on the most severe global risks  likely to play out over the next two and ten years: which include widespread cybercrime and cyber security issues

  • Optimal responses to these perceived risks,
  • The potential impact on global financial systems.

Firms should remain up to date on the potential risks relevant to their work
https://www.weforum.org/reports/global-risks-report-2023/

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