Increased cost, more stringent requirements, and riskier disapprovals are awaiting the remittances of overseas Filipino workers (OFWs) if the Philippines is blacklisted by the Financial Action Task Force (FATF), a global anti-money laundering task force, the country’s Anti-Money Laundering Council (AMLC) said on Tuesday, Jan. 2. (Video Courtesy of RTVM)<br /><br />READ MORE: https://mb.com.ph/2024/1/2/ofw-remittances-may-hit-snag-if-ph-blacklisted-by-fatf-amlc<br /><br />Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin<br /><br />Visit our website at http://mb.com.ph<br />Facebook: https://www.facebook.com/manilabulletin<br />Twitter: https://www.twitter.com/manilabulletin<br />Instagram: https://instagram.com/manilabulletin<br />Tiktok: https://www.tiktok.com/@manilabulletin<br /><br />#ManilaBulletinOnline<br />#ManilaBulletin<br />#LatestNews
