CTRs, STRs, and KYC Document Submissions during MECQ from 12 to 30 April 2021
In addition to the previous AMLC advisory on covered transaction reports (CTRs), suspicious transaction reports (STRs), and know-your-customer (KYC) document submissions during the enhanced community quarantine (ECQ) period and in view of the announcement of the Office of the President, placing the Greater Manila area, which includes Metro Manila and the provinces of Bulacan, Cavite, Laguna, Rizal, Abra, and Quirino (Santiago) under modified ECQ (MECQ) from 12 to 30 April 2021, please be advised of the following:
Pursuant to Item V-A of Part 1, General Provisions of the AMLC Registration and Reporting Guidelines, the periods 17 to 18 and 24 to 25 April 2021 fall on weekends, thus these non-working days shall be excluded from the counting of the prescribed reporting period.
The period 12 to 30 April 2021 shall be considered workday suspensions in accordance with the MECQ.
Further, all specified deadlines relative to pending requests for submission of KYC documents as well as requests during the MECQ period (12 to 30 April 2021) are hereby suspended.
THE AMLC SECRETARIAT
Issued on 12 April 2021