Tag page - FATF grey list Philippines

A total of 264 money laundering cases had been brought before the trial courts since 2021 with 185 of them filed in 2024, the Department of Justice (DOJ) said on Monday, Feb. 24. Of the 794 persons accused in the cases, the DOJ said that six of them had been convicted of 114 counts of terrorism...

The Department of Justice (DOJ) on Sunday, Feb. 23, welcomed the removal of the Philippines from the “grey list” of the Financial Action Task Force (FATF), the global anti-money laundering watchdog. “The removal of the Philippines from the said list means that it has  completed its...

Senator Joel Villanueva hailed the Philippines' removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list” that is poised to rake in financial and economic benefits for the country. On Friday, Feb. 21 (Paris time), the FATF, a global anti-money laundering watchdog,...

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...