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Getting off the FATF grey list. What does this mean for Philippine economy?

Summary by Rappler
MANILA, Philippines – No less than President Ferdinand Marcos Jr. is celebrating after the Philippines officially got itself removed from the Financial Action Task Forces (FATF) grey list — a label that no country wants, but somehow keeps coming back. At a ceremony in Malacañang on May 5, 2025, Marcos handed Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona a plaque of recognition for his role in cleaning up the country’s financial reputat…

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Rappler broke the news in Philippines on Friday, May 16, 2025.
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