Senator Loren Legarda called on the international community to reinforce its commitment to multilateralism, as the United Nations (UN) marked eight decades of fostering global unity. She emphasized that climate action, disaster resilience, and sustainability must remain at the heart of global...
To ensure that the Philippines stays out of the grey list of global financial crimes watchdog Financial Action Task Force (FATF), the Securities and Exchange Commission (SEC) is rolling out more reforms to combat money laundering and terrorist financing. In a press conference, SEC Chairperson...
Senator Sherwin Gatchalian called the Philippines' removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list” a reversal of the "reputational damage" brought to the country by Philippine Offshore Gaming Operators (POGOs). "The removal of the Philippines from the...
The Philippines has successfully exited the grey list of the Financial Action Task Force (FATF) following reforms implemented by the Securities and Exchange Commission (SEC) to enhance financial integrity and transparency in the corporate sector. On the final day of the FATF plenary on Feb. 21,...
The Philippines is celebrating its removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list.” For those unfamiliar with global finance, the FATF is an international watchdog that sets standards for combating money laundering and terrorism financing. Placement...
Malacañang has welcomed the country's much-wanted exit from the Financial Action Task Force (FATF) greylist , saying the development reaffirms the government's actions are aligned with international standards. File photos In a statement, Executive Secretary Lucas Bersamin said the country's exit...
First Lady Liza Araneta-Marcos has urged global leaders to take immediate and collective action against climate change as she underscored the devastating human cost of inaction. FIrst Lady Liza Araneta-Marcos (Facebook) The First Lady said this in her main address at the World Governments Summit in...
CEBU CITY – Authorities in Central Visayas took a crucial step towards achieving a peaceful and fair election in May by opening the Regional Election Monitoring Action Center (REMEC) here on Thursday, Jan. 9. THE Regional Election Monitoring Action Center at the Police Regional Office-Central...
Philippine National Police (PNP) chief General Rommel Francisco Marbil (File photo) The Philippine National Police (PNP) revealed that it has dismissed from service 11 members of the Special Action Force (SAF), an elite police unit, due to their alleged involvement to unauthorized escort services...
The Securities and Exchange Commission (SEC) has committed to ensure the sustainability of reforms it started that paved the way for the Philippines’ imminent exit from the “gray list” of the global anti-money laundering watchdog Financial Action Task Force (FATF). In a landmark...
Senator Loren Legarda on Sunday, October 27 called on local chief executives to make a strategic shift in disaster risk reduction and management to bolster the country’s resilience to disasters and natural calamities. Legarda said that following the widespread devastation wrought by severe...
The Philippines is set to secure a $500 million loan from the Asian Development Bank (ADB) to support its climate action initiatives, the Department of Finance (DOF) announced. During a meeting with Finance Secretary Ralph G. Recto, ADB President Asakawa stated that they are finalizing the approval...
