PH urged to expedite 'gray list' exit

Aug 16, 2023 12:40 am

THE Philippines could exit the Financial Action Task Force's (FATF) 'gray list' before a one-year extension lapses in January, but this will require a concerted effort by both the government and the financial sector, a Moody's Analytics official told The Manila Times on Tuesday.

I think the effort of a government alone, perhaps, is not enough,' said Choon Hong Chua, senior director and head of the Financial Crime Practice Group for Asia-Pacific and the Middle East for the economic research firm.

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