00:00The Philippines is no longer on the gray list of the Financial Action Task Force.
00:04President Ferdinand R. Marquez Jr. wrote this in the 33rd Anti-Terrorism Council regular meeting and year-end celebration.
00:12According to the President, this is important for the millions of Filipinos
00:17because it will be easier to send remittances of overseas Filipino workers
00:23and it will also help to increase the confidence of investors in the country's economy.
00:29Remember that in 2021, the Philippines will be on the gray list
00:34due to the continued efforts of the government to fight money laundering and terrorist financing.
00:42This milestone will benefit millions of Filipinos from smoother remittances for overseas workers
00:48to increased investor confidence that bolsters our economy.
00:53These successes were made possible through the collaboration of various agencies,
00:58private sector stakeholders, and tireless public servants.
01:03It reminds us that when we move as one,
01:06we can achieve goals that resonate across borders across generations.
01:11Let me acknowledge once again those who have been recognized earlier.
01:16The work we do requires constant evolution.
01:20Terrorism, fueled by advancing technology and shifting tactics,
01:24demands a response that blends strength with humanity.
01:28Vigilance with compassion and strategy with foresight.
