BSP hopeful of exit from FATF grey list | Cai U. Ordinario

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BSP hopeful of exit from FATF grey list | Cai U. Ordinario
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THE Bangko Sentral ng Pilipinas (BSP) remains hopeful that the Philippines could receive good news in the upcoming meeting of the Financial Action Task Force (FATF) Plenary and Working Group Meetings next month.

THE Bangko Sentral ng Pilipinas remains hopeful that the Philippines could receive good news in the upcoming meeting of the Financial Action Task Force Plenary and Working Group Meetings next month.

“We won’t really know until the plenary in Paris. We are hopeful that we will hear good news,” Remolona told the BusinessMirror on Tuesday. BSP earlier noted that a grey list exit will benefit Filipinos, especially Overseas Filipino Workers, through faster and cheaper remittances and other cross-border transactions.

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