Section

PH still on global money laundering ‘gray list’

By Inquirer - 5 months ago
MANILA — The Philippines has yet to exit the so-called “gray list” of Paris-based watchdog Financial Action Task Force (FATF), which urged the country to “swiftly” tackle remaining deficiencies in its defenses against money laundering and terrorist financing. This means the Philippines is still under “increased monitoring,” particularly its progress in resolving deficiencies within agreed

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.