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07
May 2013
REPUBLIC ACT NO. 10365
On
15 February 2013, His Excellency President Benigno S. Aquino III,
signed into law Republic Act No. 10365 (An Act Further
Strengthening the Anti-Money Laundering Law, Amending for the Purpose
Republic Act No. 9160,
Otherwise Known as the “Anti-Money Laundering Act of
2001”, As Amended). This law took effect on 7 March 2013.
Click
here
to download R.A. No.10365
CHANGES TO THE UNITED NATIONS SECURITY COUNCIL
AL-QAIDA SANCTIONS LIST
03
May 2013
The Secretariat of the Security Council 1267 Committee,
through a Note Verbale dated 02 May 2013, has conveyed the changes
made on 02 May 2013 to the Committee's list of individuals and
entities subject to the asset freeze, travel ban and arms embargo set
out in paragraph 1 of Security Council Resolution 1989 (2011) adopted
under Chapter VII of the Charter of the United Nations.
Click here to
download a copy of the Note Verbale.
The updated copy of the Al-Qaida Sanctions List which may also be
dowloaded in XML, PDF, and HTML formats on the Committee's website at
the following URL:
http://www.un.org/sc/committees/1267/aq_sanctions_list.shtml
The public, covered institutions and relevant government agencies are
reminded that those included and designated under the
Al-Qaida Sanctions List are covered by the freeze order issued by
the AMLC on 19 September 2012 under AMLC Resolution No. TF-01 and are subject
to the prohibition against dealing under Section 8 of the Terrorism
Financing Suppression Act of 2012.
For information and compliance.
CHANGES TO THE UNITED NATIONS SECURITY COUNCIL
TALIBAN SANCTIONS LIST
03
May 2013
On 22
April 2013, the Security Council Committee
established pursuant to resolution 1988 (2011) enacted the amendments
specified below to the Committee’s List (the 1988 List)
of individuals
and entities subject to the assets freeze, travel ban and arms embargo
set out
in paragraph 1 of Security Council resolution 1988 (2011).
Click here to
view the amended entries.
The updated copy of the Taliban Sanctions List
which may
also be downloaded in XML, PDF, and HTML formats on the Committee's
website at
the following URL:
http://www.un.org/sc/committees/1988/list.shtml
The public, covered institutions and relevant
government agencies are reminded that those included and designated
under the Taliban Sanctions List are covered
by
the freeze order issued by the AMLC on 8
October 2012 under AMLC
Resolution No. TF-02 and are subject to the prohibition against
dealing
under
Section 8 of the Terrorism Financing Suppression Act of 2012.
For information and compliance.
NOTICE OF AMLC RESOLUTION NO. TF-02
9
October 2012
The public, covered institutions as defined under the
Anti-Money Laundering Act of 2001, as amended, and all relevant
government agencies, including the Land Transportation Office, Land
Registration Authority, Register of Deeds, Maritime Industry Authority
and Civil Aviation Authority, are hereby informed that the Anti-Money
Laundering Council issued Resolution No. TF-02, Series of 2012,
directing the freezing without delay of property or funds, including
related accounts, of the designated terrorist individuals and entities
named in the Taliban 1988 Sanctions List pursuant to United Nations
Security Council Resolution No. 1988.
The public is hereby reminded that Section 8 of Republic Act
No. 10168, otherwise known as "The Terrorism Financing Prevention and
Suppression Act of 2012" prohibits any person from either: i) dealing
with any property or funds, financial or other related services to
designated and/or identified persons and entities named in the Taliban
1988 Sanctions List.
Click here to
download Complete Notice of AMLC Resolution No. TF-02.
Click here to download AMLC Resolution No.
TF-02, Series of 2012.
Click here to
download United Nations Security Council Resolutions No. 1988
Click here to download the Taliban
Sanctions List.
All succeeding updates to both the Taliban 1988 Sanctions
List and the Al-Qaida Sanctions List shall hereinafter be posted in the
AMLC website.
NOTICE OF AMLC RESOLUTION NO. TF-01
2
October 2012
The public, covered institutions as defined under the
Anti-Money Laundering Act of 2001, as amended, and all relevant
government agencies, including the Land Transportation Office, Land
Registration Authority, Register of Deeds, Maritime Industry Authority
and Civil Aviation Authority, are hereby informed that the Anti-Money
Laundering Council issued Resolution No. TF-01, Series of 2012,
directing the freezing without delay of property or funds, including
related accounts, of the designated terrorist individuals and entities
named in the Al-Qaida Sanctions List pursuant to United Nations
Security Council Resolution Nos. 1267/1989.
Click here to
download Complete Notice of AMLC Resolution No. TF-01.
Click here to
download AMLC Resolution No. TF-01, Series of 2012.
Click here to
download United Nations Security Council Resolutions Nos. 1267/1989
Click here to
download the Al Qaida Sanctions List.
The
public is likewise reminded that Section 8 of Republic Act No. 10168,
otherwise known as "The Terrorism Financing Prevention and Suppression
Act of 2012" prohibits any person from either: i) dealing with any
property or funds belonging to designated persons and entities; or ii)
making available any property or funds, financial or other related
services to designated and/or identified persons and entities named in
the Al-Qaida Sanctions List.
REPUBLIC ACT NO. 10168
On
18 June 2012, His Excellency President Benigno S. Aquino III, signed
into law Republic Act No.10168, otherwise known as the
Terrorism Financing Prevention and Suppression Act of 2012. This law
took effect on 5 July 2012.
Click here
to download R.A. No.10168
IMPLEMENTING
RULES AND REGULATIONS OF REPUBLIC ACT NO. 10168
On 6 August 2012, pursuant to Section 22 of Republic Act No.
10168, otherwise known as "The Terrorism Financing Prevention and
Suppression Act of 2012", the AMLC promulgated the Implementing Rules
and Regulations (IRRs) of R.A. No. 10168.
The IRRs were published in the Philippine Star, a newspaper of general
circulation, on 11 August 2012 and took effect on 26 August 2012.
Click here to download the
IRRs of R.A.
No.10168
REPUBLIC ACT NO. 10167
On 18 June 2012, His Excellency President Benigno S. Aquino
III, signed into law Republic
Act No.10167 (An Act to Further Strengthen the Anti-Money
Laundering Law, Amending for the Purpose Sections 10 and 11 of Republic
Act No. 9160, otherwise known as the "Anti-Money Laundering Act of
2001", as amended, and for Other Purposes). This law took effect on 6
July 2012.
Click here
to download R.A. No.10167
REVISED
IMPLEMENTING RULES AND REGULATIONS OF THE AMLA, AS AMENDED
In
light of the enactment of Republic Act No. 10167 (An Act to Further
Strengthen the Anti-Money Laundering Law, Amending for the purpose
Sections 10 and 11 of Republic Act No. 9160, otherwise known as "The
Anti-Money Laundering Act of 2001", as amended, and for Other
Purposes), the AMLC, on 23 August 2012, promulgated the Revised
Implementing Rules and Regulations (RIRRs) of the AMLA, as amended. The
RIRRs were published in the Philippine Star, a newspaper of general
circulation, on 31 August 2012 and took effect on 15 September 2012.
Click here to download the
RIRRs of the AMLA, as
amended
BEWARE
OF FRAUDULENT COMMERCIAL DOCUMENTS
05
July 2011
The
Anti-Money Laundering Council warns the public against fraudulent
commercial documents which are being sold or traded by individuals or
companies and which are allegedly issued, secured or guaranteed by the
Bangko Sentral ng Pilipinas (BSP) or the then Central Bank of the
Philippines.
These
spurious documents include Safekeeping Receipts, Certificate of Gold
Bullion Depository Stocks, Trust Account Deposits and Land Bank Capital
Bonds with Interim Certificates covering substantial amounts of money.
The BSP does not issue, secure, or guarantee such types of documents.
The
BSP has consistently advised the public that the original of the
alleged documents, if existing, have not been issued by the BSP or the
then Central Bank of the Philippines to any person, corporation, or
entity for value, as to form a basis of a valid claim against the
Government of the Republic of the Philippines or its fiscal agents.
Read More ...
DTI ADVISORY
The
Department of Trade and Industry (DTI) is warning the public of the so
called " Franchising Scam" which has
victimized
a number of our Overseas Filipino Workers (OFW). The DTI identified
certain companies allegedly involved in such franchising scam
activities...
Read
More ...
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