{"id":8604,"date":"2025-02-26T10:09:53","date_gmt":"2025-02-26T10:09:53","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=8604"},"modified":"2025-02-26T10:09:57","modified_gmt":"2025-02-26T10:09:57","slug":"philippines-excluded-from-international-aml-grey-list","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/","title":{"rendered":"Philippines Excluded from International AML \u2018Grey List\u2019"},"content":{"rendered":"\n<p><strong>The Philippines <\/strong>has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.<\/p>\n\n\n\n<p>The international anti-money laundering body, the <strong>Financial Action Task Force (FATF)<\/strong>, which compiles the list, confirmed at a meeting in Paris that the Philippines is no longer under enhanced watch.<\/p>\n\n\n\n<p>The country has made positive progress in addressing the strategic deficiencies in <strong>anti-money laundering (AAML)<\/strong>, c<strong>ountering terrorist financing (CTF)<\/strong> and <strong>countering proliferation financing (CPF)<\/strong> previously identified in their mutual evaluations.<\/p>\n\n\n\n<p>\u201cThe Philippines has completed their Action Plan to resolve the identified strategic deficiencies within agreed timeframes and will no longer be subject to the FATF\u2019s increased monitoring process,\u201d the agency said.<\/p>\n\n\n\n<p>Philippines has demonstrated that it has effective risk-based supervision of<strong> DNFBPs <\/strong>(designated non-financial businesses and professions), that supervisors use AML\/CFT controls to mitigate the risks associated with casino gambling, that it enhances the use of financial intelligence and risk-based money laundering investigations and prosecutions, and more.<\/p>\n\n\n\n<p>\u201cThe FATF encourages the Philippines to continue its work in ensuring that its CFT measures are appropriately applied, particularly the identification and prosecution of terrorism financing cases, and are neither discouraging nor disrupting legitimate NPO activity.\u201d<\/p>\n\n\n\n<p>The Philippines was the only nation to be removed from the grey list on Friday, with 25 nations still under increased monitoring, including <strong>Vietnam and Nepal<\/strong>.<\/p>\n\n\n\n<p>Exiting the grey list is seen as a key driver of economic activity by making it easier for individuals and corporations to conduct cross-border transactions.<\/p>\n\n\n\n<p>In a statement,<strong> Alejandro Tengco<\/strong>, the Chairman and CEO of Philippine gaming regulator <strong>PAGCOR<\/strong>, said, \u201cWe are honored to have played a crucial part in this development, and the public can rest assured that PAGCOR will continue to ensure that all our licensees are compliant with all anti-money laundering rules and regulations.<\/p>\n\n\n\n<p>\u201cWe also commit to sustain the fight against money laundering and terrorist financing in the entire Philippine gaming industry, including our online gaming operators, land-based casinos and junket operators.\u201d<\/p>\n\n\n\n<p>Don&#8217;t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing. The international anti-money laundering body, the Financial Action Task Force (FATF), which compiles the list, confirmed at a meeting in Paris that the Philippines is [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":8605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1,24,564],"tags":[8946,1356,1355,7409,1113,1110],"class_list":["post-8604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","category-regulations","category-slider","tag-alejandro-tengco","tag-aml","tag-fatf","tag-financial-action-task-force","tag-pagcor","tag-philippines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Philippines Excluded from International AML \u2018Grey List\u2019 - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Philippines Excluded from International AML \u2018Grey List\u2019 - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-26T10:09:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T10:09:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"nika rostiashvili\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"nika rostiashvili\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\"},\"author\":{\"name\":\"nika rostiashvili\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/fe6263b3d6331caebf299a540ebfbdb0\"},\"headline\":\"Philippines Excluded from International AML \u2018Grey List\u2019\",\"datePublished\":\"2025-02-26T10:09:53+00:00\",\"dateModified\":\"2025-02-26T10:09:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\"},\"wordCount\":352,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg\",\"keywords\":[\"Alejandro Tengco\",\"AML\",\"FATF\",\"Financial Action Task Force\",\"PAGCOR\",\"Philippines\"],\"articleSection\":[\"Gambling\",\"News\",\"Regulations\",\"slider\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\",\"name\":\"Philippines Excluded from International AML \u2018Grey List\u2019 - SBC EURASIA EN\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg\",\"datePublished\":\"2025-02-26T10:09:53+00:00\",\"dateModified\":\"2025-02-26T10:09:57+00:00\",\"author\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/fe6263b3d6331caebf299a540ebfbdb0\"},\"description\":\"The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.\",\"breadcrumb\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage\",\"url\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg\",\"contentUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg\",\"width\":696,\"height\":464},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sbceurasia.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Philippines Excluded from International AML \u2018Grey List\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#website\",\"url\":\"https:\/\/sbceurasia.com\/en\/\",\"name\":\"SBC EURASIA EN\",\"description\":\"SBC EURASIA\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sbceurasia.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/fe6263b3d6331caebf299a540ebfbdb0\",\"name\":\"nika rostiashvili\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a6fc38973002f762373f92f910cfe28498ceddc953e76061e3ae8b8afd9144b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a6fc38973002f762373f92f910cfe28498ceddc953e76061e3ae8b8afd9144b4?s=96&d=mm&r=g\",\"caption\":\"nika rostiashvili\"},\"url\":\"https:\/\/sbceurasia.com\/en\/author\/nika\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Philippines Excluded from International AML \u2018Grey List\u2019 - SBC EURASIA EN","description":"The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/","og_locale":"en_GB","og_type":"article","og_title":"Philippines Excluded from International AML \u2018Grey List\u2019 - SBC EURASIA EN","og_description":"The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.","og_url":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/","og_site_name":"SBC EURASIA EN","article_published_time":"2025-02-26T10:09:53+00:00","article_modified_time":"2025-02-26T10:09:57+00:00","og_image":[{"width":696,"height":464,"url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg","type":"image\/jpeg"}],"author":"nika rostiashvili","twitter_card":"summary_large_image","twitter_misc":{"Written by":"nika rostiashvili","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#article","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/"},"author":{"name":"nika rostiashvili","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/fe6263b3d6331caebf299a540ebfbdb0"},"headline":"Philippines Excluded from International AML \u2018Grey List\u2019","datePublished":"2025-02-26T10:09:53+00:00","dateModified":"2025-02-26T10:09:57+00:00","mainEntityOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/"},"wordCount":352,"commentCount":0,"image":{"@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg","keywords":["Alejandro Tengco","AML","FATF","Financial Action Task Force","PAGCOR","Philippines"],"articleSection":["Gambling","News","Regulations","slider"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/","url":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/","name":"Philippines Excluded from International AML \u2018Grey List\u2019 - SBC EURASIA EN","isPartOf":{"@id":"https:\/\/sbceurasia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage"},"image":{"@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage"},"thumbnailUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg","datePublished":"2025-02-26T10:09:53+00:00","dateModified":"2025-02-26T10:09:57+00:00","author":{"@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/fe6263b3d6331caebf299a540ebfbdb0"},"description":"The Philippines has been removed from the international \u2018grey list\u2019 of jurisdictions placed under enhanced watch for strategic deficiencies in efforts to combat money laundering, terrorist financing and proliferation financing.","breadcrumb":{"@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#primaryimage","url":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg","contentUrl":"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/02\/Philippines-removed-from-global-AML-grey-list.jpg","width":696,"height":464},{"@type":"BreadcrumbList","@id":"https:\/\/sbceurasia.com\/en\/2025\/02\/26\/philippines-excluded-from-international-aml-grey-list\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sbceurasia.com\/en\/"},{"@type":"ListItem","position":2,"name":"Philippines Excluded from International AML \u2018Grey List\u2019"}]},{"@type":"WebSite","@id":"https:\/\/sbceurasia.com\/en\/#website","url":"https:\/\/sbceurasia.com\/en\/","name":"SBC EURASIA EN","description":"SBC EURASIA","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sbceurasia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/fe6263b3d6331caebf299a540ebfbdb0","name":"nika rostiashvili","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a6fc38973002f762373f92f910cfe28498ceddc953e76061e3ae8b8afd9144b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a6fc38973002f762373f92f910cfe28498ceddc953e76061e3ae8b8afd9144b4?s=96&d=mm&r=g","caption":"nika rostiashvili"},"url":"https:\/\/sbceurasia.com\/en\/author\/nika\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/8604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/comments?post=8604"}],"version-history":[{"count":2,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/8604\/revisions"}],"predecessor-version":[{"id":8607,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/posts\/8604\/revisions\/8607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media\/8605"}],"wp:attachment":[{"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/media?parent=8604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/categories?post=8604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sbceurasia.com\/en\/wp-json\/wp\/v2\/tags?post=8604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}