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Philippine Star
Philippine Star
The Philippine Star October 24, 2021 | 12:00am Some progress has been made, but “strategic deficiencies” have kept the Philippines in a “gray list” of just 23 countries that are not doing enough to fight money laundering, terrorist financing and proliferation financing. During a hybrid plenary from Oct. 19 to 21, the Paris-based dirty money watchdog Financial Action Task Force decided to keep the Philippines in the gray list of jurisdictions under heightened monitoring of their anti-money laundering and combating the financing of terrorism or AML/CFT regime. The FATF returned the country to th…