BIR, AMLC close ranks vs. evaders, launderers

AMLC: PHL moves closer to exiting FATF grey list

businessmirror.com.ph - 26/Oct 06:19

The Philippines is a step closer to exiting the Financial Action Task Force (FATF) grey list, the global anti-money laundering watchdog, according to...

Inordinate delay: Another ‘pork’ scam case junked

philstar.com - 27/Oct 16:00

Due to “inordinate delay” in the judicial process, the Court of Appeals (CA) has dismissed the civil forfeiture case filed by the Anti-Money...

TD Bank settles for over $3 billion in a money laundering case

weeklyblitz.net - 28/Oct 21:13

In a historic settlement with US authorities, the American arm of Canada-based TD Bank has agreed to pay over $3 billion in penalties after admitting...

Lumagui: BIR raids another large-scale Illicit Cigarette Factory in Cabanatuan with 636M Tax Liability

journal.com.ph - 29/Oct 04:34

Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. reports another win in his war against illicit trade with a successful raid of a...

‘Ghost’ receipts traders face arrest on DOJ nod

businessmirror.com.ph - 31/Oct 16:05

THE Bureau of Internal Revenue (BIR) disclosed that the Department of Justice found probable cause in two ghost receipt cases filed against corporate...

Sars chief promises crackdown on “increasingly aggressive” tax avoidance

dailyfriend.co.za - 04/Nov 02:10

Head of the South African Revenue Service (Sars) commissioner Edward Kieswetter has warned that Sars intends tackling wealthy individuals and big...

State Bank to strengthen anti-money laundering efforts with new department

vietnamnews.vn - 07/Nov 05:10

The Government announced the organisational changes of the State Bank of Việt Nam on Wednesday.

AI could save $3trn flowing into the shadow economy

it-online.co.za - 30/Oct 09:17

Global economies can save $3,13-trillion by using AI to detect and prevent money laundering and terrorist financing, according to the inaugural Napier...