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 ...

On financial crime, both the EU and the Financial Action Task Force expect action. Ukraine should not be distracted.

Pakistan is gearing up to launch digital prize bonds as part of its efforts to comply with the Financial Action Task Force ...

Feb. 21, 2025 is a significant day for our country as the Financial Action Task Force (FATF) announced the Philippines’ (PH) ...

The Philippines’ recent exit from the global money-laundering watchlist is the “biggest” breakthrough that would push the ...

The country’s exit from the Financial Action Task Force gray list is expected to strengthen foreign investor confidence, enhance correspondent banking relationships and streamline cross-border ...

The FATF decision may prompt foreign banks to review ... The next priority of the Marcos administration, he added, is securing a credit rating upgrade to further bolster the country’s economic ...

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 ...

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 ...

The FATF was founded by the G7 and regularly assesses whether countries are implementing effective measures to combat money laundering and terrorist financing. Through its ratings, it sets ...