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...
President Marcos said Task Force Kanlaon would be created to deal with the long-term recovery of areas affected by the eruption of Mt. Kanlaon in Negros Island. President Ferdinand 'Bongbong' Marcos Jr. holds a situation briefing on the impacts of the eruption of Mt. Kanlaon in Negros Occidental on...
China Coast Guard vessel "5901", nicknamed "The Monster", is monitored 60 to 70 nautical miles from the coastline of Zambales on Jan. 7, 2025. (Photo: PCG) China should pull out its “monster” ship from the coast of Zambales because its presence is considered “illegal” and “inconsistent”...
US Secretary of Defense meets with American servicemen during his visit to the headquarters of the Armed Forces of the Philippines (AFP) Western Command in Puerto Princesa City, Palawan on Nov. 19, 2024. (Courtesy of Austin / X ) American servicemen who have been deployed to Palawan to be part of...
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...
President Mracos has once again reorganized the government's Task Force on Zero Hunger (TFZH) to include more members, promoting his administration's whole-of-government approach to address the issue. File photos Based on Executive Order (EO) no. 66 signed by Executive Secretary Lucas Bersamin on...
President Marcos on Saturday, July 27, created an inter-agency task force to address the possible effects of the oil spill from MT Terra Nova, which capsized off the coast of Limay, Bataan. President Ferdinand 'Bongbong' Marcos Jr. presides over a situation briefing at the Bulacan...
(Unsplash) Citing the potential impact of artificial intelligence (AI) in the 2025 mid-term elections, the Commission on Eections launched the "Task Force Katotohanan, Katapatan at Katarungan (KKK) sa Halalan" during a recent stakeholders forum. ...
