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Tag: gray’

  • POGO ban may support PHL exit from ‘gray list’ 

    THE RECENT BAN on Philippine offshore gaming operators (POGO) would help expedite the country’s exit from a global financial watchdog’s “gray list” of jurisdictions under increased monitoring for money laundering risks, the central bank governor said.

  • PHL can still exit ‘gray list’ by October — analysts

    THE PHILIPPINES may still be able to exit the “gray list” of the Financial Action Task Force (FATF) by October if it implements the necessary reforms, according to analysts. This after the FATF kept the Philippines on the “gray list” of jurisdictions subjected to increased monitoring for “dirty money” risks.…

  • POGOs complicate Philippine effort to exit FATF’s ‘gray list’

    THE STRONG PRESENCE of offshore gambling operators complicates the Philippines’ efforts against dirty money and does not bode well for its ambition to become an investment hub, economists warned.