Sound macroeconomic policies are essential in ensuring the continued attractiveness of South Africa as an investment destination, and monetary policy will continue to play its role in this respect. While exogenous factors are outside the direct influence of domestic monetary policy, their impact through second round effects cannot be ignored.
It results from the financial institutions prompt and effective action. There is an effective detection of transactions made by individuals previously identified. 2  BIS Review 80/2005  In order to cooperate in following up and supervising this kind of transactions, the Central Bank of Argentina issued regulations this year, which established rules on Prevention of Terrorist Financing applicable to financial institutions.