Pagkakaalis ng Pilipinas sa FATF grey list, makatutulong para mas maging ‘attractive hub’ ang bansa sa foreign investments
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NewsTranscript
00:00After leaving the Financial Action Task Force Gracelist,
00:03the government is confident that the country will become an attractive hub for foreign investment.
00:09According to AMLOC, this will be a milestone in the government of President Ferdinand R. Marcos, Jr.,
00:16especially in his initiative to fight money laundering and terrorist financing in the Philippines
00:22Since 2023, the government laid out a roadmap to address the 18-action plan imposed by the FATF in the country in 2021.
00:39Since the Philippines was removed, the compliance cost is expected to be lowered,
00:44the international transaction will be faster, and the entry of foreign direct investments will be easier.
00:51Like AMLOC, Executive Secretary Lucas Bersamin is also positive about the positive effect of this in the Philippines.
00:59According to Bersamin, because of the well-earned exit of the country from the Gracelist,
01:03Filipinos will be the main beneficiaries here.