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Tag: financial services

Entrenched thievery: The Philippines remains home to institutionalised money laundering

Posted on March 18, 2016March 18, 2016 By benign0 7 Comments on Entrenched thievery: The Philippines remains home to institutionalised money laundering
Entrenched thievery: The Philippines remains home to institutionalised money laundering

In an era that has seen the demise in just a couple of decades of the legendary secrecy that shrouded Swiss banking and the shadowy transactions of its princely clients, the Philippines stubbornly persists as a blight to global banking transparency thanks to its infamously outdated bank secrecy laws. Certainly it comes as no surprise…

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