On 3 March 2021, the AMLC issued the 2021 Sanctions Guidelines, incorporating amendments brought about by the enactment of Republic Act No. (RA) 11479 or the Anti-Terrorism Act of 2020; and RA 11521 or An Act Further Strengthening the Anti-Money Laundering Law, amending for the Purpose RA 9160, otherwise known as the Anti-Money Laundering Act of 2001, as amended. The guidelines now cover targeted financial sanctions related to terrorism, terrorism financing, and proliferation financing, including remedies and relevant links to the appropriate United Nations Security Council Sanctions Committee.

 Two (2) chapters have been added to the guidelines: Chapter 9 (Request for De-listing from Anti-Terrorism Council Designations) and Chapter 10 (Targeted Financial Sanctions related to Proliferation Financing).

 As with the previous guidelines, all covered persons are required to download the latest version of the guidelines to be disseminated to their respective offices and personnel for reference and proper guidance.

 11 March 2021

 2021 Sanctions Guidelines