President Ferdinand R. Marcos Jr. on Wednesday (July 5, 2023) leads the opening ceremony of Livestock and Aquaculture Philippines 2023 at the World Trade Center in Pasay City. PNA-NIB PHOTO Citing the need for the Philippines to be removed from the money laundering grey list, President Ferdinand Marcos Jr. has ordered government agencies to implement a five-year strategy to contain money laundering, terrorism financing and proliferation financing. Under Executive Order (EO) No. 33 signed on July 4, the President directed government departments to adopt the National Anti-Money Laundering, Counter-Terrorism Financing and Counter Proliferation Financing Strategy (NACS) 2023-2027.

https://newsinfo.inquirer.net/1798484/marcos-sets-new-tack-vs-money-laundering

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