AMLC Advisory

CTRs, STRs, and KYC Document Submissions during the ECQ Extension until 30 April 2020

In light of the President’s approval of the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases to extend the enhanced community quarantine (ECQ) in Luzon and in addition to the previous AMLC advisory on CTR, STR, and KYC document submissions during the ECQ period, please be advised of the following:

13 to 30 April shall be considered workday suspensions in accordance with the extension of the ECQ, unless revoked earlier when ECQ conditions improve.

The foregoing is without prejudice to the voluntary submissions by covered persons of covered (CTRs) and suspicious transaction reports (STRs) within the reglementary period through the AMLC portal.

Further, all specified deadlines in regard to pending requests for submission of know-your-customer (KYC) documents as well as requests during the extended ECQ period (13 to 30 April 2020) are hereby suspended, unless said period is cut short or extended, depending on the conditions upon which the ECQ period was fixed.

The AMLC continues to be united with the world in its battle against the COVID-19 pandemic.

• ADVISORY
• ADVISORY