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AUSTRAC warns of FATF gray list for Australia
Australia’s anti-financial crimes watchdog (AUSTRAC) has warned that Australia risks being put on a gray list of countries subject to greater scrutiny by international regulators if it doesn’t do more to combat money laundering.
Philippines “doing the best it can” to be removed from FATF’s gray list: DFNN Chair
DFNN’s Executive Chairman and Founder, Ramon Garcia Jr., says that the Philippines is "doing the best it can" to be removed from FATF's gray list.
Daily Asia Gaming eBrief: Philippines takes further steps to get off the gray list
Authorities in the Philippines up their game as they try and get off the AML/CFT gray list. The Financial Action Task Force has been reluctant to remove them over failure to mitigate certain primary issues linked to junkets and information sharing. Despite having passed its deadlines for remediation, the nation is now urging its institutions to up the ante as it aims to achieve international recognition.
Philippines acts on President’s Directive to exit global AML/CTF gray list
The Philippines' Presidential Office has issued a Memorandum Circular instructing key government agencies, including the gaming regulator PAGCOR, to conduct a comprehensive review and evaluation of their regulatory requirements.
Philippines still on global dirty money gray list
Due to the Philippines' failure to adequately address gaps in its anti-money laundering and terrorist financing regime, the Paris-based Financial Action Task Force (FATF) has retained the country on its gray list for the second straight year.
Philippines gains another year to attempt to get off international financial watchdog’s gray list
The Philippines has been granted another year in order to meet requirements by the international financial watchdog on money laundering in order to remove itself from their grey list.
Philippines remains on FATF gray list, junkets a continued concern
The Philippines remains on the Financial Action Task Force’s (FATF) gray list after its latest review, with the anti-money laundering body continuing to express concern over monitoring of casinos and junkets.
Philippines confident of avoiding FATF gray list
The Philippines says it’s now confident that it will avoid being placed on the Financial Action Task Force (FATF) gray list after the House of Representatives approved amendments to its anti money laundering bill.
Increasing pressure for exiting from FATF grey list adds uncertainties to Philippines GGR growth
The Philippines' gross gaming revenue (GGR) growth is "still filled by the regulatory framework," Daniel Cheng told AGB on the sidelines of the ASEAN Gaming Summit.
Philippines remains on FATF watchlist, junket risk a concern
The Philippines remains on the Financial Action Task Force’s (FATF) gray list after its latest review, with the anti-money laundering body continuing to express concern over monitoring of casinos and junkets.
