The Philippines' progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Philippines

Topic

Mutual Evaluations

The Philippines has made notable progress in addressing the technical compliance deficiencies identified in the MER.

Recommendations 4, 6, 7, 22, 23 and 24 have been re-rated to Largely Compliant.

The Philippines FUR was adopted by the APG membership in July 2021.

The Philippines will move from enhanced (expedited) to enhanced follow-up, and will continue to report back to the APG on progress to strengthen its implementation of AML/CFT measures.

APG Follow-Up-Report Philippines - 2021

Filename: APG-Follow-Up-Report-Philippines-2021.pdf
Size: 494 KB
Format: application/pdf

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Earlier reports

6 Sep 2021

The Philippines' progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses the progress of the Philippines in addressing the technical compliance deficiencies identified in its MER.
15 Sep 2020

The Philippine's progress in strengthening measures to tackle money laundering and terrorist financing This follow-up report analyses the progress of the Philippines in addressing the technical compliance deficiencies identified in its MER.
31 Oct 2019

The Philippines' measures to combat money laundering and terrorist financing This evaluation analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Philippines’ AML/CFT system, and provides recommendations on how the system could be strengthened.
8 Jul 2009

Mutual Evaluation of the Philippines The Philippines is a member of APG, the assessment of the implementation of anti-money laundering and counter-terrorist financing (AML/CFT measures in the Philippines was conducted by the World Bank. The evaluation report was adopted by APG.

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