BOC: Efforts vs. cash smuggling helped in PH removal from grey list

The Bureau of Customs (BOC) said Friday its strict border control measures against illicit cash smuggling have played a crucial role in the Philippines’ removal from the Financial Action Task Force (FATF) Grey List. According to the BOC, its intensified crackdown against smuggling, deployment of cash-sniffing dogs, upgraded baggage scanning systems and expanded capacity-building for … Read more