Anti-Money Laundering in the Philippines

Whitepaper on Financial Crime Framework, Risks, Challenges, and Regulatory Landscape to Anti-Money Laundering (AML) in the Philippines

The Philippines is actively combating money laundering through laws and the Anti-Money Laundering Council (AMLC) despite being on the FATF's "Grey List." The AMLC enforces strict due diligence, monitors transactions, and mandates reporting of suspicious activities to protect the financial system. Collaborating with local and international bodies, the AMLC aims to identify and halt illicit fund flows, adapting to counteract evolving criminal tactics. This concerted effort seeks to enhance the country's financial integrity and resilience against money laundering.

For a deeper understanding of the Philippines' AML strategies, please fill out the form to access the full whitepaper.