The FATF has announced at its October plenary that "the Philippines has substantially completed its action plan" composed of 18 items that had kept the country under increased monitoring since June 2021.
The SEC said that the country's failure to address the remaining action plan items would have put it at the risk of entering the blacklist.
"This significant milestone demonstrates the Philippines' strong commitment to tackling money laundering and terrorism financing by adopting crucial reforms aligned with global standards and best practices," SEC chairperson Emilio Aquino said.
Denne historien er fra October 29, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 29, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
ALL OF BLUE
Color is the primary language of painting, the essential spirit of the medium. Minimalist artists have long considered this gospel truth: strip a painting to its core, and what remains is color. Yet, color is far from a mere visual phenomenon; it is a conduit for emotion and psychology, evoking ideas, memories, and profound feelings. Among the spectrum of hues, blue holds a particularly captivating allure—a color steeped in history, rarity, and meaning.
A DYNAMIC GROUP OF JOURNALISTS
It was my seventh straight year to serve as chair of the board of judges for the 17th Brightleaf Agriculture Journalism Awards.
When practicality meets playfulness in fashion
On Nov. 11, event curator (and good friend) Anna Amigo invited me to the press launch of Yoya, a clothing line that opened a new branch at Shangri-La Plaza Mall.
ENRIQUE GIL READY TO SHOW UNSEEN SIDES OF HIMSELF IN 'STRANGE FREQUENCIES'
ENRIQUE GIL, THE ACTOR, IS entering into a narrative world, where he also takes on the role of an amateur ghosthunter in \"Strange Frequencies: Taiwan Killer Hospital.\"
Gary V, Regine, Vice lend support to BINI
The \"Nation's Girl Group\" BINI is set to hold a repeat of the \"Grand BINIverse\" concert, which is slated on Feb. 15, 2025 at the Philippine Arena in Bulacan.
Sweden's continuing support for Phl
Andreas Carlson, Sweden's minister for infrastructure and housing, and Swedish banker and head of the Wallenberg Sphere Marcus Wallenberg, quietly flew into town last week to reaffirm Sweden's continuing support for the Philippines and to strengthen Sweden's commitment to long-term collaborations, focusing on sustainable development and digitalization.
Foundever® bags Great Place to Work in Phl certification
Foundever®, a global leader in the customer experience (CX) industry, has been officially certified as Great Place to Work® in the Philippines by a global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
Auto sales seen speeding past 500k
Philippine vehicle sales may hit a record-high of 500,000 units next year, driven by election-related spending and low interest rates, according to an industry official.
Institutional failure
Never been a fan of congressional investigations, but the current House investigations are making public things that would otherwise only be whispered about.
Buskowitz Energy readies 30 MW solar projects
Solar power firm Buskowitz Energy Inc. (BEI) is further expanding its solar portfolio with more projects coming on stream, positioning itself for a potential public debut in the medium term.
