BusinessWorld E-paper
November 18, 2024
THE PHILIPPINES is expected to finally exit the Financial Action Task Force’s (FATF) “gray list” by February, the Anti-Money Laundering Council (AMLC) said, but continued reforms will be crucial to ensure the country stays out of the dirty money watchlist.
“It’s very seldom that the FATF doesn’t grant an exit from the gray list after the onsite (visit),” AMLC Executive Director Matthew M. David said at an SGV & Co. forum on Friday.
