The Philippine Amusement and Gaming Corporation's Anti-money Laundering Supervision and Enforcement Department (PASED) issued Advisory PASED 2025-005 on March 4, 2025, titled "Philippines Removal from the FATF Greylist and Commitment to Sustaining AML/CFT Compliance"1. The advisory states that it outlines PAGCOR's contributions to the country's removal from the Financial Action Task Force greylist and its efforts to sustain that progress1.
"In line with the Philippines' exit from the FATF greylist, this document outlines PAGCOR's significant contributions, as well as its ongoing efforts to sustaining this progress."
The advisory sits in a series of compliance notices published by PASED. Among the obligations it and related advisories set out, all covered persons had to re-register with the Anti-Money Laundering Council's Compliance Optimization and Registration System (CORS) by April 30, 2025, a deadline reiterated in PASED 2025-006 on April 8, 20251. Casinos are required to conduct customer due diligence on all customers who use any financial services1. E-sabong operators, and e-games, e-bingo and poker licensees, were reminded to register with the AMLC's electronic reporting system and to report covered and suspicious transactions1.
Offshore gaming operators and their service providers remain covered even after the sector's shutdown. Pursuant to Executive Order No. 74 Series of 2024, which mandated the immediate cessation of POGOs, all OGOs and OGO-SPs are still obliged to comply with the provisions of the Anti-Money Laundering Act, as amended1. A separate advisory, PASED 2024-007 issued November 13, 2024, outlines their obligations under the AMLA even after cessation of operations1.
Later advisories show the compliance program continuing. PASED 2026-002, dated January 21, 2026, reports that the AMLC issued Resolution Nos. TF-112, TF-113 and TF-114, Series of 2026, to take effect immediately, in connection with Anti-Terrorism Council Resolution Nos. 80, 81 and 82 (2025)1. PASED 2026-004, dated May 28, 2026, sets out red flag indicators of corruption-linked abuse of casinos to inform customer due diligence, enhanced due diligence, ongoing monitoring and suspicious transaction reporting1. PASED 2026-005, dated July 13, 2026, circulates the second Casino Sector AML/CTF Risk Assessment and guides PAGCOR-regulated entities on incorporating its findings into their own risk assessments and compliance frameworks1. PASED 2025-010, dated October 1, 2025, warns covered persons about misleading links that use PASED's name and redirect users to illegal gaming sites1.
| Advisory | Date issued | Subject |
|---|---|---|
| PASED 2025-005 | March 4, 2025 | Philippines removal from the FATF greylist and commitment to sustaining AML/CFT compliance1 |
| PASED 2025-006 | April 8, 2025 | Reiteration of the CORS re-registration deadline of April 29, 20251 |
| PASED 2025-010 | October 1, 2025 | Vigilance against misleading links redirecting users to illegal gaming sites1 |
| PASED 2026-002 | January 21, 2026 | Notice of targeted financial sanctions, AMLC Resolutions TF-112, TF-113 and TF-114 (2026)1 |
| PASED 2026-004 | May 28, 2026 | AML red flag indicators related to corruption-linked abuse of casinos1 |
| PASED 2026-005 | July 13, 2026 | Second Casino Sector AML/CTF Risk Assessment1 |
What it means for players
The advisory is aimed at PAGCOR-regulated operators, not at customers, but it describes checks that players in the Philippines encounter at the counter. Casinos are required to conduct customer due diligence on all customers who use any financial services, which in practice means identification and verification steps for transactions that run through financial channels1. Licensees across e-games, e-bingo, poker and e-sabong are reminded to report covered and suspicious transactions to the AMLC's electronic reporting system1. Offshore gaming operators and their service providers, though shut down under Executive Order No. 74, remain obliged to comply with the Anti-Money Laundering Act1. PASED has also warned that links using its name can redirect users to illegal gaming sites, so the identity of the site a player is using is separate from any PAGCOR advisory1. The advisory does not describe any change to the rules players themselves must follow, and no player-facing requirements are set out in it1.
What happens next
The CORS re-registration deadline for covered persons was April 30, 2025, reiterated as April 29, 2025 in PASED 2025-0061. The AMLC resolutions cited in PASED 2026-002 took effect immediately on issue1. PAGCOR states that it continues efforts to sustain the compliance progress described in the greylist advisory1. No further deadlines beyond those are set out in the advisories reviewed1.
For background on which bodies license and supervise gambling in the region, see Gambling Regulators and Licenses in Asia: Who Licenses What and How to Check, and for the market itself, Can I Gamble in the Philippines?.
