MANILA, June 13 -- The Department of Justice (DOJ) on Friday welcomed the decision of the European Commission (EC) to remove the Philippines from its list of "high-risk jurisdictions" in terms of financial crimes.

The EC, the European Union's (EU) politically independent executive arm, said the Philippines is among the countries that have effectively addressed their technical deficiencies on AML/CFT (anti-money laundering/countering the financing of terrorism) measures globally.

In a statement, Justice Secretary Jesus Crispin Remulla welcomed this milestone in the country's fight against AML/CFT, and vowed that the DOJ will continue to be relentless in implementing policies and measures to further advance economic integrity.

"This acco...