In a new thematic review, the Bangko Sentral ng Pilipinas (BSP) has directed banks and financial institutions (FIs) to improve their targeted financial sanctions (TFS) framework amid evolving terrorism and proliferation financing risks. As part of efforts to remove the Philippines from the Financial Action Task Force (FATF) graylist, the thematic review presents the progress of the sector’s efforts regarding their TFS obligations and includes scope for further improvement.
Diokno confident of Jan exit from FATF s gray list - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The Anti-Money Laundering Council (AMLC) wants financial institutions to conduct due diligence when dealing with P2E gamers following the Axie Infinity's Ronin Bridge hack.
Banks need to keep close eye on play-to-earn game transactions, AMLC says bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Philippines progress in fighting financial crimes - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.