News

TL;DRDelisted: The EU has formally removed the UAE from its high-risk AML/CFT list after Parliament’s approval.Backstory: The UAE was grey-listed by FATF in 2022 for regulatory gaps, followed by the ...
World Bank report highlights the Philippines’ resilient yet slowing economy, with strong consumption and easing inflation ...
THE Department of Justice (DOJ) on Friday, June 13, 2025, welcomed the decision of the European Commission (EC) to remove the Philippines from its list of “high ...
EU removes UAE from high-risk money-laundering risk as the country makes efforts to strengthen financial regulations ...
MANILA, Philippines – No less than President Ferdinand Marcos Jr. is celebrating after the Philippines officially got itself removed from the Financial Action Task Forces (FATF) grey list — a ...
OFWs will be primary beneficiaries of the Philippines’ removal in February from the “gray list” of the global FATF.
The FATF grey list can hurt a country’s economy by discouraging foreign investment and increasing financial scrutiny. On Feb. 21, 2025, the FATF, an international anti-money laundering watchdog, ...
The FATF, a global financial watchdog, recently announced that the Philippines is no longer under increased monitoring, ending its gray list status that began in June 2021.
It also belittled the Philippines’ exit from the “grey list” of the FATF. “This so-called achievement has been built on a foundation of political repression,” it said in a statement.
INQUIRER FILES MANILA, Philippines – The European Chamber of Commerce of the Philippines (ECCP) hailed the country’s removal from the Financial Action Task Force’s (FATF) grey list, saying ...
The Financial Action Task Force (FATF) has removed the Philippines from its money-laundering “grey list” of countries due to improvements in its systems for combating money laundering and ...
The country’s exit from the FATF grey list is expected to benefit millions of Filipinos—including overseas workers—by speeding up and reducing costs of international business transactions and ...