Philippine Exit from Money-laundering ‘Grey List’ Marred by Allegations of Abuse

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Philippine Exit from Money-laundering ‘Grey List’ Marred by Allegations of Abuse - The Diplomat

Quick Summary:

Human rights groups have accused the Philippine authorities of using money laundering and terrorist financing laws to clamp down on legitimate dissent.

NUPL said the overbroad measures initiated by the government represented “a concession to an unjust global financial order.” It also belittled the Philippines’ exit from the “grey list” of the FATF. “This so-called achievement has been built on a foundation of political repression,” it said in a statement.

Human Rights Watch urged FATF to engage with civil society.“FATF should not stay silent while the government is misusing its terrorism financing recommendations to harass civil society groups and activists,” it said in a statement.