Finance › Speeches › Eli M Remolona

Getting out of the grey list - and staying out

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words ·

EM
· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiGetting out of the grey list - and staying out

ContextSpeech at the Tuesday Club in Mandaluyong City; Bangko Sentral ng Pilipinas keeps the financial system sound and worked to remove the country from the international money-laundering grey list.

Why it mattersThe Philippine governor explains the steps that removed the country from the FATF grey list.

Problems raised
  1. The Philippines was on the FATF grey list.
  2. Proof of reform required on-site checks.
  3. Staying off the list needs effort.
Solutions proposed
  1. Complete the FATF action plan.
  2. Pass the on-site assessment.
  3. Keep up reforms to stay off the list.
Read full speech on bis.org ↗

More from Eli M Remolona · Bangko Sentral ng Pilipinas · all speeches

More speeches by Eli M Remolona