Philippines Boosts AML Efforts Post-FATF Delisting, Eyes iGaming Risks
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force’s (FATF) gray list, a move that reflects its strengthened anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks. Choon Hong Chua, Moody’s head of financial crime practice for the Asia-Pacific and Middle East, emphasized, “Exiting the gray list will boost investor confidence and financial stability.” This […]
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force’s (FATF) gray list, a move that reflects its strengthened anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks. Choon Hong Chua, Moody’s head of financial crime practice for the Asia-Pacific and Middle East, emphasized, “Exiting the gray list will boost investor confidence and financial stability.” This […]
