The European Commission has made a major update to its list of countries considered risky when it comes to fighting money ...

The Philippines is on the verge of being removed from the “grey list” of the Financial Action Task Force (FATF), a move that could have a significant positive impact on the country’s economy ...

The Financial Action Task Force (FATF), a global anti-money laundering watchdog, said on Friday it had removed the Philippines from its 'grey' list of countries under increased scrutiny, while it ...

FATF and its regional member countries – especially those such as Australia, which provides technical assistance to the Philippines on terrorism financing – should ensure that measures ...

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 ...

Must Read Overseas Filipinos’ remittances hit record high of $38.34 billion in 2024 The FATF had again placed the Philippines on the gray list in 2021, and required it to address 18 action items.

The Philippines is a step closer to exiting the Financial Action Task Force (FATF) grey list, the global anti-money laundering watchdog, according to the Anti-Money Laundering Council (AMLC). In a ...

FATF had previously grey-listed the Philippines in 2000 for failing to address money laundering concerns at the time. It was removed five years later after amending its banking laws.

Explaining the Philippines’ progress, the FATF said the country has demonstrated the use of credible controls against money laundering and terrorist financing risks from casino junkets.

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 ...

In bitter irony, the Philippines was removed from the FATF grey list in February, yet the “persecution,” as Minet puts it, of environmental NGOs continues to spiral.