PH kept on dirty money watch list

Jun 29, 2024 12:43 am

AN anti-money laundering watchdog has kept the Philippines on a watch list of countries with faulty systems, noting that the country had yet to fully address previously identified deficiencies.

The country still needs to address three strategic deficiencies to exit the 'gray list' of states subject to increased monitoring, the Paris-based Financial Action Task Force (FATF) said on Friday.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Inflation seen slowing to 2.6% in September

Profit-taking possible but PSEi could go higher

Rate cuts to help boost PH growth

PEZA-approved projects hit P115.8B

Telcos bare blueprint for far-flung barangays

Govt gross borrowings hit P174.B, up 40.3%

CTA ruling eases documentation burden