EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

statement

DFA STATEMENT ON THE PHILIPPINES’ EXIT FROM FATF GREY LIST


MANILA 06 March 2025 — The Department of Foreign Affairs welcomes the announcement by the Financial Action Task Force (FATF) of the Philippines’ exit from the FATF Jurisdictions Under Increased Monitoring, or Grey List, on 21 February 2025. The whole-of-nation effort, backed by high level political commitment and solid institutional reforms, saw the strengthening of the country’s AML/CFT posture, fulfilling its FATF Action Plan commitments to address strategic deficiencies. This milestone achievement signals a safer and more steady investment climate, as instituted measures result in enhanced confidence in transacting with Philippine institutions, lower interest rates, and reduced possibility of de-risking. The positive impact also extends to the whole Filipino diaspora, which includes OFWs and Filipino permanent and temporary migrants, as it opens up greater opportunities for the inflow of remittances and investments of our countrymen to the Philippines, increasing the participation of our Filipino communities around the world in nation-building, including supporting the Philippine economy's important role in the successful reintegration of our nationals. END

Other Statement


August 08, 2025
Message of the Secretary of Foreign Affairs Ma. Theresa P. Lazaro on the Occasion of the Commemoration of the 58th Founding Anniversary of the Association of Southeast Asian Nations

The Department of Foreign Affairs joins the entire region in celebrating the 58th Founding Anniversary of the Association of Southeast Asian Nations (ASEAN). On this occasion, we reaffirm the Philippines’ enduring commitment to regional solidarity and cooperation, peace, progress, and shared prosperity, which are the very principles enshrined in the Bangkok Declaration by ASEAN’s founding members.

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A Journey of Purpose and Friendship

After four meaningful years of service in the Republic of Korea, Philippine Ambassador Theresa Dizon-De Vega bids farewell. In this message, the Ambassador shares her reflections on the enduring friendship and shared aspirations between our nations. As she takes her leave, the Ambassador does so with gratitude and hope for even stronger ties in the years ahead. Full text of her message below: 

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July 30, 2025
FAREWELL MESSAGE FROM AMBASSADOR THERESA DIZON-DE VEGA TO THE FILIPINO COMMUNITY IN KOREA

Nais kong iparating ang aking taos-pusong pasasalamat sa inyong suporta para sa Embahada ng Pilipinas sa nakalipas na apat na taon ng aking paninilbihan bilang Ambassador sa Korea.

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