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PNP working with other agencies to curb terror financing - Vimarsana News

PNP working with other agencies to curb terror financing

(File photo) MANILA - Philippine National Police (PNP) chief, Gen. Guillermo Eleazar, on Monday assured it is working together with concerned government agencies in stopping terrorist financing to have the country removed from the "gray list" of the Financial Action Task Force (FATF). This came after the Paris-based task force has included the Philippines in its "gray list" following the conclusion of a hybrid meeting from October 19 to 21, stressing that the country needs to develop strategies to effectively address terrorist financing and money laundering. Eleazar said th...

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Camp CrameQuezon CityFrance GeneralPhilippine National PoliceFinancial Action Task ForceNational PoliceGuillermo EleazarRepublic ActTerrorism Financing PreventionSuppression ActIle Photo Manila Philippine National Police Pnp ChiefGen Guillermo EleazarN Monday Assured It Is Working Together With Concerned Government Agencies In Stopping Terrorist Financing To Have The Country Removed From Quot Gray List Of Financial Action Task Force Fatf This Came After Paris Based Has Included Philippines Its Following Conclusion Ofa Hybrid Meeting October 19 21Tressing That The Country Needs To Develop Strategies Effectively Address Terrorist Financing And Money Laundering Eleazar Said PnpFor Its PartAs Entereda Number Of Agreements With The Amlc For Effective Enforcement Republic Act 10168 Or Terrorism Financing Prevention And Suppression 2012 Quot Isa Scourge On Our Country Filipino People We Need To Always Be Alert Come Up Measures Stop Flow Money These Terrorist Groups Who Would Use Funds Carry Out Possible AttacksUot Eleazar Said Ina Statement Pointed Out That In February This YearHe Pnp And Amlc Signeda Memorandum Of Agreement To Solidify Coordination Boost Efforts In Enforcing Provisions Republic Act 10168 Quot This Is Addition The Past Individual Memorandums Entered Into By With Various Offices Units Such As DidmNd IgO Beef Up The Campaign Against Terrorist FinancingUot Eleazar Said The Moa Between Pnp And Amlc Provides For Establishment Ofa Center At Camp Crame Which Will Serve As An Information Sharing Hub Two Agencies Quot Enables Us To Efficiently Exchange IntelligenceMaximize ResourcesStreamline OperationsNd Improve Capabilities To Fight Money LaunderingTerrorist Financing