OFW remittance flow may be hampered if PH is in FATF black list —AMLC
Manila Bulletin
Manila Bulletin
  • 4 months ago
Increased cost, more stringent requirements, and riskier disapprovals are awaiting the remittances of overseas Filipino workers (OFWs) if the Philippines is blacklisted by the Financial Action Task Force (FATF), a global anti-money laundering task force, the country’s Anti-Money Laundering Council (AMLC) said on Tuesday, Jan. 2. (Video Courtesy of RTVM)

READ MORE: https://mb.com.ph/2024/1/2/ofw-remittances-may-hit-snag-if-ph-blacklisted-by-fatf-amlc

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