The enhanced border security measures, trade transparency, and anti-money laundering enforcement implemented by the Bureau of Customs – Port of Clark has contributed significantly to the country’s successful removal from the global money laundering Grey List, particularly within its jurisdiction at the Clark International Airport.
The exit of the Philippines has from the Financial Action Task Force (FATF) Grey List, after more than three years, marks a significant achievement in strengthening anti-money laundering and counter-terrorism financing efforts.
This milestone comes under the directive of President Ferdinand R. Marcos Jr. to address deficiencies and remove the country from the global money laundering Grey List in 2024, with the BOC-Port of Clark, under the leadership of Customs Commissioner Bienvenido Rubio, and guidance of District Collector Jairus Reyes, playing a vital role in ensuring compliance with international financial regulations.
Deputy Collector for Passenger Service Atty. Danilo G. Ballena Jr. and his team have been instrumental in tightening the monitoring of cross-border transactions and ensuring strict compliance with customs regulations and risk management strategies.
The BOC-Port of Clark remains committed to upholding global security standards, fostering economic growth, and supporting the administration’s vision of a more transparent and secure trade environment for the Philippines.
