MANILA, Philippines — The Philippines has averted a return to the “black list” of Paris-based watchdog Financial Action Task Force (FATF), but it will remain in the group’s “grey list ...

The declaration of the Paris-based Financial Action Task Force (FATF) that the country is inching closer to its exit from the grey list as it has met its deficiencies bodes well for the ...

In the time that Nigeria has been on the grey list of the global Financial Action Task Force, it has only been able to ...

The Financial Action Task Force has recognized considerable progress made by Pakistan on its action plan. According to the Finance Division, Pakistan has completed 26 of the 27 Action Plan items. The ...

FATF suspended Russia's membership in February 2023 — one year after Moscow invaded Ukraine — but has so far refrained from adding it to the blacklist. Now, Ukraine has intensified its ...

FATF, however, praised the country for its GDP growth of 5.6 percent in 2023, making it the fastest-growing economy in Southeast Asia, driven by increased consumer demand and infrastructure spending.

The FATF has revised its criteria for listing countries to alleviate the burden on least developed nations while focusing on those posing greater threats to the global financial system.

In a statement, the BSP said it welcomed the statement from global watchdog Financial Action Task Force (FATF), which recognized the key reforms that the Philippines has implemented on its ...

In a hybrid briefing late Friday night, the Paris-based Financial Action Task Force (FATF) said the Philippines has remained on the gray list, a status that it has held since June 2021.

The FATF also on Friday said the Philippines “substantially completed” its action plan against money laundering and terrorism financing. The conclusion came at the end of the watchdog’s ...

BEIRUT/PARIS - Global financial crime watchdog FATF said on Friday it has placed Lebanon on its "grey list" of countries under special scrutiny. Lebanon has been in a financial crisis since 2019 ...