President Ferdinand R. Marcos Jr. presided over the sectoral meeting on the status of the Philippines in the Financial Action Task Force (FATF) gray list on Tuesday, 2 January 2023, at the State Dining Hall of Malacañang Palace.

Present during the meeting were officials Executive Secretary Lucas Bersamin Jr., Special Assistant to the President Antonio Lagdameo Jr., DTI Secretary Alfredo Pascual, DOF Secretary Benjamin Diokno, DILG Secretary Benhur Abalos, CEZA Administrator Katrina Ponce Enrile, DFA Usec Charles Jose, AMLC Atty. Matthew M. David, Presidential Adviser on Investment and Economic Affairs Frederick Go, and other officials from the SEC, BSP, NICA, APECO, PDEA, and IC, among others.

The FATF researches how money is laundered and terrorism is funded, promotes global standards to mitigate the risks, and assesses whether countries are taking effective action.

(Photos by Yummie Dingding / PPA Pool)