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Philippines worsens in Financial Secrecy Index

The Philippines rose* seven spots to 65th out of 141 jurisdictions in the 2025 edition of the Financial Secrecy Index (FSI) by Tax Justice Network. The Philippines got an FSI value of 173, the second lowest among its peers in the East and Southeast Asian region. The index evaluates and ranks jurisdictions most complicit in helping individuals to hide their finances from the rule of law.

Philippines worsens in Financial Secrecy Index