The Treasury Department's Financial Crimes Enforcement Network (FinCEN) announced two countries have been added to the Financial Action Task Force (FATF) watchlist, while another has been removed.

The BoC and BIR are both under the DoF, so they must have seen the Finance department’s clear signal to avoid getting on the FATF grey list again. The economic team has targeted making the Philippines ...

With only two outstanding deficiencies remaining, the country could exit the Financial Action Task Force’s greylist by ...

The Financial Action Task Force (FATF), vide public statement ‘High-Risk Jurisdictions subject to a Call for Action’ dated February 21, 2025, has called on its members and other jurisdictions to refer ...

FATF Global Financial Crime Watchdog Removes Philippines From 'Grey' List PARIS (Reuters) - The Financial Action Task Force (FATF), a global anti-money laundering watchdog, said on Friday it had ...

Lawmaker Basudev Ghimire underscored the economic potential of religious tourism and urged the government to promote Nepal's sacred sites, including Lumbini, Muktinath, Pathibhara, Pashupatinath, and ...

The Southeast Asia nation had been on the Financial Action Task Force list, which identifies countries “working with it to correct deficiencies in their financial systems”, since 2021.

Finance Secretary Recto asserted the Philippines’s successful exit from the FATF grey list is a significant step for securing a credit rating upgrade under the Marcos, Jr. administration.

And while some laws were amended, implementation is another story. “Nepal’s FATF rating has deteriorated due to the inaction against major cases of corruption, tax evasion, and abuse of financial ...