Duterte Yet to Approve Changes in Anti-Dirty Money Council
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Fears that Financial Action Task Force might blacklist Philippines over changes in chairmanship of Anti-Money Laundering Council don’t have basis, according to statement from President Rodrigo Duterte’s spokesman.
Alert: HALISTER1- “The President hasn’t given his imprimatur on the Anti- Money Laundering Council changes. He simply complained of some AMLC members serving other masters,” statement says
- Bill that seeks such changes has to undergo deliberation in Congress and govt expects risk of blacklist will be considered during discussion
- NOTE: Philippines Risks FATF Blacklist Over Dirty Money Law Plan: Star Link
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283