Senator Imee Marcos of the Philippines raised alarms over the country’s need to combat money laundering.
The Philippines’ Anti-Money Laundering Council issued a notice to regulated entities, reminding them of certain measures they must undertake as part of their customer due diligence obligations.
Publication of Swiss report into AML lapses at Credit Suisse delayed, Italian regulators allow ING to onboard domestic clients after 18-month pause, and more, in the weekly roundup.
Norway flags deficiencies in Danske Bank’s AML program, U.K. seizes Lloyds Bank account linked to ‘Ndrangheta, and more, in the weekly roundup.
0 Items Found
|Compliant : 8||High : 0|
|Largely Compliant : 21||Substantial : 1|
|Partially Compliant : 10||Moderate : 4|
|Non-Compliant : 1||Low : 6|
The Philippines' technical compliance was most recently re-rated in a Sept. 4, 2020 follow-up report
|Rank : 44/125|
|Score : 5.81/10|
|Rank : 113/180|
|Score : 34/100|
|Rank : 60/133|
|Score : 63/100|