GREY LIST EXIT.

Bangko Sentral ng Pilipinas Governor and Anti-Money Laundering Council chairman Remolona Jr. (right) receives the plaque of recognition for the Philippines’ exit from the Financial Action Task Force grey list from President Ferdinand Marcos Jr. (center) and Executive Secretary and National Anti-Money Laundering/Counter-Proliferation Financing/Counter-Terrorism Financing Coordination Council chairman Lucas Bersamin. The Philippines’ exit from the Financial Action Task Force’s (FATF) grey list in February is expected to bring significant benefits to Filipinos. It will strengthen businesses, support overseas Filipino workers and attract more foreign investment, according to Remolona.