SEC Chief Vows Stricter AML Rules Post-EU Delisting - BusinessWorld Online
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5 Articles
Philippine exit from list of ‘risky’ markets to raise investor interest
MANILA, Philippines — The Philippines will likely become a “more attractive hub” for investors following its removal from the European Commission’s list of jurisdictions where there is a “high risk” of financial crimes, according to the Securities and Exchange Commission (SEC). In a statement on Tuesday, SEC chair Francis Lim said the country’s exit from
SEC chief vows stricter AML rules post-EU delisting - BusinessWorld Online
THE Securities and Exchange Commission (SEC) will strengthen measures to combat money laundering and terrorism financing in the corporate sector following the Philippines’ removal from the European Commission’s (EC) list of high-risk jurisdictions, its chairperson said. “As the overseer of the corporate sector and the capital market, the SEC will continue adopting best practices in anti-money laundering and counter-terrorism financing (AML/CFT) …
SEC vows to strengthen anti-money laundering measures after PH's exit from European Commission's high-risk list
The Securities and Exchange Commission (SEC) has vowed to further strengthen its efforts to combat money laundering and terrorism financing in the corporate sector following the Philippines’ exit from the European Commission’s (EC) list of high-risk jurisdictions for financial crimes.“The SEC welcomes the Philippines’ exit from the EC list of high-risk jurisdictions. This milestone emphasizes the country’s strong commitment to ensuring the integ…
SEC engages developers on framework for Stablecoin regulation - Worldstage
WorldStage Newsonline– The Securities and Exchange Commission (SEC) says it is engaging with developers to co-create a framework for the regulation of stablecoins. Dr Emomotimi Agama, Director-General of SEC, in statement was quoted to have disclosed this in a keynote speech at the 2025 Decentralised Finance (DeFi) Conference. Agama said that the commission had been working with DeFi to attract credible players. He said, “The commission believes…
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