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COVID-19 Financial Crime Trend Analysis and Typologies Brief
To download a copy, please click the link.
AMLC Secretariat Advisory
The AMLC Secretariat will conduct a server and network maintenance on 21 August 2020, from 8:00 AM to 5:00 PM. During this time, all AMLC applications and services, including the AMLC Portal and Website, will be temporarily inaccessible and unavailable. Covered Persons are advised to upload their reports before the scheduled downtime.
Should you have any queries, please contact our IT Support Staff at 5302-3978 or Enterprise Security Staff at 8708-7923.
For information and guidance.
AMLC Risk Information Sharing and Typologies on Drug Trafficking
To download a copy, please click the link.
CTRs, STRs, and KYC Document Submissions during the MECQ until 18 August 2020
In view of the President’s approval of the recommendation to place Metro Manila and other areas under the modified enhanced community quarantine (MECQ) from 4 to 18 August 2020, please be advised of the following:
The period 4 to 18 August 2020 shall be considered workday suspensions in accordance with the MECQ.
In this regard, the AMLC allows deferment of the submission of covered transaction reports (CTRs), whenever operations of Covered Persons are adversely affected so as to enable them to timely file CTRs.
As for suspicious transaction reports (STRs), deferment may likewise be allowed, except for those involving high-risk crimes, such as terrorism, terrorism financing, drug trafficking, kidnap for ransom, graft and corruption, environmental crimes, smuggling, online fraud; and for emerging threats, such as online sexual exploitation of children.
For this purpose, requests for deferment need not be submitted to the AMLC as it relies on each Covered Person’s observance of proper good governance.
Further, all specified deadlines in regard to pending requests for submission of know-your-customer (KYC) documents as well as requests during the MECQ period (4 to 18 August 2020) are hereby suspended.
Together with the rest of the world, the AMLC continues the battle against the COVID-19 pandemic.
ADVISORY
Suspension of Proceedings in the Adjudication and Enforcement Unit (AEU) for the duration of the MECQ
In view of President Rodrigo D. Duterte’s approval of the recommendation of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) to revert Metro Manila and the provinces of Bulacan, Cavite, Laguna and Rizal to Modified Enhanced Community Quarantine (MECQ) from August 4 to 18, 2020, clarificatory hearings and proceedings before the Adjudication and Enforcement Unit (AEU), including the filing of any pleading or compliance, are similarly suspended for the duration of the MECQ or within any extended period.
The AEU shall set another date for said hearings or deadlines to file such pleadings after the MECQ period.
Any party who wishes to file any pleading within the MECQ period or within any extended period may do so by emailing the same together with scanned copies of supporting documents to This email address is being protected from spambots. You need JavaScript enabled to view it..
Please visit the AMLC website for updates.