Special report – EXECUTIVE LAWLESSNESS: MONEY LAUNDERING AND VIGILANTISM IN THE PHILIPPINES
04 Jan 2017

From 2000 to 2005 the Philippines was ‘blacklisted’ as a ‘non-cooperative’ country and subjected to significant sanctions by the Financial Action Task Force for its failure to tackle endemic problems with transparency and traceability in its financial system. In light of the $101 million hack on Bangladesh Bank, KYC360 investigates why the Philippines remains a major destination for money laundering.

 

Read the Special Report here

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