Philippines working to exit money laundering ‘grey list’ -central bank chief

Philippines working to exit money laundering 'grey list' -central bank chief
Bangko Sentral ng Pilipinas Governor Felipe Medalla poses for a photograph in his office at Manila, Philippines, November 18, 2022. REUTERS/Eloisa Lopez/Files

MANILA : The Philippines is working on getting removed from a global money laundering watchdog’s “grey list”, the country’s central bank chief said on Tuesday.

Bangko Sentral ng Pilipinas Governor Felipe Medalla told a media forum that the Southeast Asian country was “doing a whole of government approach” to exit the Financial Action Task Force (FATF) list.

Source: Reuters