Invitation to Banks and MSBs
In line with the Anti-Money Laundering Council Secretariat’s (AMLCS) awareness-raising campaign on Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT), please be informed that the AMLCS will be conducting training workshops for banks and money service businesses (MSBs) on the following dates and venue:
|13 and 14 October 2017||Java Hotel, Laoag City, Ilocos Norte|
|27 and 28 October 2017||Cebu City (exact venue TBA)|
|17 and 18 November 2017||Davao City (exact venue TBA)|
The training will cover the following topics:
- Anti-Money Laundering Act (AMLA), as amended;
- The Terrorism Suppression Act;
- Obligations of covered persons;
- Reporting procedures;
- The Anti-Money Laundering Council;
- Legal tools under the AMLA;
- The National Risk Assessment; and
- The 2018 Mutual Evaluation.
We would like to invite representatives from banks and MSBs in the said areas to participate in the said workshop. The workshop is free of charge and the registration is on a “first come, first served” basis. Lunch and snacks will also be served during the event.
For any question or clarification, you may communicate with Ms. Flordeliza and Mr. Tolentino through telephone numbers (02) 306-2833 and (02) 306-2745, respectively.
Download link on Information Sheet
PDEA AMLC Workshop
AMLC, PDEA Join Hands
In order to strengthen coordination and exchange of information between two leading agencies that are at the forefront of the fight against illegal drugs, the Anti-Money Laundering Council (AMLC), through its Secretariat, and the Philippine Drug Enforcement Agency (PDEA) held a workshop for Luzon on 19-21 October 2016. This was followed by the AMLC-PDEA Workshop for Visayas on 29-31 March 2017. Since the two (2) workshops proved to be very fruitful, a third workshop for Mindanao was held on 19-23 June 2017. Present during each workshop are at least thirty (30) participants.
The AMLC Secretariat and the PDEA held the series of workshops to harmonize the efforts of the two agencies in handling pending cases referred by each other and apply the lessons learned in future cases. Financial investigators, drug enforcement investigators and intelligence officers actively participated in the workshop to provide first-hand information on the legal and operational aspects of the coordination.
With the improved coordination between the two agencies, the AMLC and the PDEA expect to carry out its legal mandate in the investigation and prosecution of money laundering and drug trafficking cases like a well-oiled machine.
AMLC Official Statement
The Anti-Money Laundering Council Secretariat received on 06 September 2017 the 17 August 2017 letter of Overall Deputy Ombudsman Melchor Arthur Carandang, requesting it to initiate investigation on subject accounts.
We have categorically stated before that the Anti-Money Laundering Council (AMLC) is not the source of the documents and information attached by Senator Antonio F. Trillanes IV in his Complaint, regarding the alleged bank accounts of President Rodrigo Duterte. It has neither provided the Office of the Ombudsman with any report as a consequence of any investigation of subject accounts for any purpose.
We have yet to evaluate the request, and the initiation of an investigation, as well as the release of any report on the subject will depend on such evaluation. Suffice it to state that in the attachment to the Complaint, the alleged debits and credits representing outflows and inflows of funds were added together, thus, the resulting total amounts are wrong and misleading.
Meanwhile, we cannot make further comments considering the confidential nature of the matter.