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SEC lauded for role in Philippines gray list exit
The Securities and Exchange Commission (SEC) was recognized by the Office of the President for its role in the Philippines' exit from the Financial Action Task Force (FATF) gray list.
The SEC was among several government agencies acknowledged for operationalizing action plans to enhance the country's anti-money laundering and counter-terrorism financing (AML/CFT) framework.
The commission implemented reforms in the corporate sector crucial for strengthening the national AML/CFT framework.
SEC Chairperson Emilio Aquino stated that the recognition validates the SEC's dedication to financial integrity within the Philippine corporate sector.
The Philippines successfully exited the FATF gray list in February 2025, after being included in June 2021.
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