Asia , Legislation
January 3, 2024

Philippines Aims for Removal from FATF Grey List in 2024

The Philippines faces a crucial year in financial oversight. The country is on a mission to be removed from the FATF grey list, tackling key financial challenges. Imagine a Philippines free from the constraints of increased financial scrutiny. Discover the steps the Philippines is taking to address FATF’s concerns and safeguard its financial sector. The […]

Africa , Business , Daily News , Finance , Legislation , Regulation
October 31, 2023

FATF Pressures Philippines to Fast-Track AML Initiatives for List Removal

Financial Action Task Force (FATF) has once more stressed the need for the Philippines to accelerate the adoption of its action plan concerning anti-money laundering (AML) and counter-financing of terrorism (CFT). The Philippines found its name on the FATF grey list in June 2021 due to an evaluation by the Asia-Pacific Group on Money Laundering […]