AMLC chairman and Bangko Sentral ng Pilipinas Governor Felipe Medalla told reporters on the sidelines of the 2nd Bankers Association of the Philippines CEO Forum that the country is exerting additional effort to exit FATF’s list of nations considered at high risk of money laundering and terror financing.
Cambodia has gradually moved towards freeing itself from the grey list of high-risk countries for money laundering after the Kingdom was listed for three consecutive years from 2020-2022.
The Anti-Money Laundering Council has partnered with the Bureau of Internal Revenue to strengthen the government’s campaign against money laundering activities, terrorism financing and other unlawful financial activities in the country.
NEW DELHI, Oct 22: The world should remain clear that Pakistan must continue to take “credible, verifiable and irreversible” action against terrorism, India said after anti-money laundering watchdog FATF removed the neighbouring country from its “grey list”. The Paris-based Financial Action Task Force (FATF) took Pakistan off a list of countries under increased monitoring, also known as the “grey list”. “It is in global interest that the world remains clear that Pakistan must continue to take credible, verifiable, irreversible and […]