49% of terrorism-related Suspicious Transaction Reports (STRs) in the Philippines are tied to remittances. Even more concerning is that 91% of these cases involve funds coming in from other countries, making the Philippines a hub for terrorism financing. The experts at the AFC Ecosystem have analysed various publications from the AMLC since 2021. The result? A whitepaper packed with insights that go beyond the surface. The experts have conducted a detailed analysis of the five major predicate offences impacting the Philippines. What’s inside? ➡ A deep dive into the Philippines’ financial crime landscape, spotlighting high-risk areas like terrorist financing, OSEC, and money mule activities. ➡ Typologies that you can implement right now to protect your operations. Visit the AFC Ecosystem page to learn more and get your own copy: https://lnkd.in/gHUYkAff #FinancialCrime #AML #Compliance #Philippines #TerrorismFinancing
Our AFC Ecosystem team has just wrapped up an insightful analysis of the Philippines’ financial crime landscape. We sifted through key AMLC publications since 2021, focussing on the five most critical predicate offences: 👉 Terrorist financing 👉 Online sexual exploitation of children (OSEC) 👉 Money mule schemes 👉 Account takeovers 👉 Illegal gambling We’re excited to share that our white paper highlights these critical risks and offers actionable insights to mitigate them. Here’s what you’ll find inside: ➡️ Detailed analysis of the Philippines’ financial crime landscape, focusing on key risks and red flags. ➡️ Typologies mapped to each red flag to help you safeguard your operations. Download Your Copy Here https://hubs.la/Q02Nnpy40 #AFCEcosystem #AML #FraudPrevention #Compliance #Philippines #whitepaper