Philippines welcomes removal from global money laundering 'grey list'
The Philippines welcomed on Saturday its removal from the "grey list" of a global watchdog on dirty money, saying its exit would ease requirements for cross-border transactions and help boost ...
JD Supra13h
Supreme Court clarifies extraterritorial scope of UK money laundering offences
The Supreme Court has ruled that the Proceeds of Crime Act 2002 (POCA) only catches substantive money laundering acts committed in the UK.
Jury finds former KCPD officer guilty of defrauding anti-crime charity over $200,000
A KCPD police officer found guilty of nine counts of wire fraud and one count of money laundering faces up to 20 years in ...
Philippines Exits Global Watchdog’s Dirty Money ‘Gray List’
The Philippines has been taken off a global watchdog’s dirty-money list, a move that could spur remittances and foreign ...
The FATF global financial crime watchdog removes Philippines from 'grey' list
The Financial Action Task Force (FATF), a global anti-money laundering watchdog, said on Friday it had removed the Philippines from its 'grey' list of countries under increased scrutiny, while it ...