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Bersamin: PH exit from FATF grey list to boost jobs, investments

Summary by Inquirer

MANILA, Philippines — The Philippines’ exit from the Paris-based money laundering watchdog Financial Action Task Force’s (FATF) “grey list” will boost the country’s drive for job opportunities and investments, Executive Secretary Lucas Bersamin said on Saturday. According to Bersamin, the country’s potential investments have been tainted by the “dirty money” tag. READ: PH finally exits dirty money ‘grey list’ “Our well-earned exit from the Finan…

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Inquirer

Bersamin: PH exit from FATF grey list to boost jobs, investments

15 hours ago·Manila, Philippines

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The Manila Times

Exit from FATF grey list to boost PH economic competitiveness

MANILA, Philippines — Malacañang on Saturday welcomed the Philippines' removal from the Financial Action Task Force's (FATF) grey list, saying the development will enhance the country's economic competitiveness. In a statement, Executive Secretary Lucas Bersamin said the country's exit from the FATF greylist reaffirmed the government's actions were aligned with international standards. "This recognition affirms that the Philippines' AML/CTF/CPF …

20 hours ago·Manila, Philippines

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