![Efforts to Combat Terrorism Financing and Money Laundering in the Philippines Bureau of the Treasury](https://kabayankuwait.com/wp-content/uploads/2024/04/330124-400x250.jpg)
Efforts to Combat Terrorism Financing and Money Laundering in the Philippines
Learn more about the turnover of P50M ‘terror funds’ linked to terrorism financing to the Bureau of the Treasury as part of the efforts to combat money laundering and prevent the Philippines from being used for illicit activities. The Philippines remains on the FATF global watchlist for potential money laundering activities, and more steps need to be taken to address this issue.