AMLC Resolution No. 81 dated 09 May 2019 directed the issuance of an advisory to covered persons (CPs) dealing with clients who are classified under the sector of Designated Non-Financial Businesses and Professions (DNFBPs) to demand presentation of their Certificate of Registration (COR) or Provisional COR (PCOR) with the AMLC as part of Customer Due Diligence (CDD) measures under Section 3.5(b)(1) of the 2018 Implementing Rules and Regulations of the AMLA, as amended. Failure of a DNFBP to supply its P/COR is a ground to conduct enhanced due diligence measure (EDD) and/or to re-evaluate the business relationship. On the part of the CP failing to comply with this directive, it may be cited for the applicable administrative sanctions under the Rules of Procedure in Administrative Cases (RPAC).

      All CPs must deal only with registered DNFBPs with valid or subsisting P/COR or may risk being cited for a Serious Violation under Section 2(C)(25), Rule IV, of the RPAC.

      The updated list of Registered DNFBPs as of 31 October 2024 is posted at registered DNFBPs.

      For the names of newly registered DNFBPs not yet included in the list, CPs may contact for confirmation/validation the Registration Staff of the Compliance and Supervision Group, Detection and Prevention Department, at telephone numbers (632) 5302-3848, 5310-3244, 8708-7067.

Posted on 25 November 2024

In compliance with Section 9(c) of Republic Act No. 11930, otherwise known as the “Anti-Online Sexual Abuse or Exploitation of Children (OSAEC) and Anti-Child Sexual Abuse or Exploitation Materials (CSAEM) Act”, and Section 5 of Republic Act No. 11032, otherwise known as the “Ease of Doing Business and Effective Government Service Delivery Act of 2018”, the AMLC strongly urges our fellow stakeholders (covered persons, law enforcement agencies, and any interested persons or entities) to comment on the draft Rules and Regulations Implementing Section 9(c) of Republic Act No. 11930, otherwise known as the Anti-Online Sexual Abuse or Exploitation of Children (OSAEC) and Anti-Child Sexual Abuse or Exploitation Materials (CSAEM) Act.

For covered persons, please be informed that the present draft rules and regulations is largely patterned from the Rules and Regulations Implementing Section 9(d) of Republic Act No. 9208, as amended by Republic Act No. 11862, otherwise known as the Expanded Anti-Trafficking in Persons Act of 2022. The suspicious transaction reporting and bank inquiry requirements of the draft adopts the relevant requirements and procedure under Republic Act No. 9160, otherwise known as the Anti-Money Laundering Act of 2001, as amended. 

The draft may be accessed through this link: Draft Zero_RRI Sec 9C of OSAEC-CSAEM Act. Kindly send in your comments to the This email address is being protected from spambots. You need JavaScript enabled to view it. with subject: “Comment on the Rules and Regulations of Section 9 (c) of the Anti-OSAEC and CSAEM Act” until 03 January 2025.

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Posted on 04 December 2024