News And Announcements

AMLC Maintains an Unmodified Opinion from COA

The Anti-Money Laundering Council (AMLC) received an Unmodified Opinion from the Commission on Audit (COA) for the AMLC Financial Statements for Fiscal Year (FY) 2021. Previously, the AMLC also achieved an Unmodified Opinion for its FY 2020 Financial Statements.

An unmodified or unqualified opinion is issued when the auditor concludes that the financial statements are free from material misstatements and are prepared, in all material aspects, in accordance with the applicable and appropriate Financial Reporting Framework (that is, the Philippine Public Sector Accounting Standards or the Philippine Financial Reporting Standards), pursuant to Section 4.B.1.26 of the Financial Audit Manual of COA.

Such unmodified opinion from COA for two (2) successive years is a continued demonstration of transparency and integrity in the execution of the AMLC's mandate.

The AMLC is the Philippines' Financial Intelligence Unit (FIU). But unlike most FIU's, the AMLC is a hybrid FIU with the authority to received and analyze suspicious transactions reports; investigate money laundering and terrorism financing; and cause the filling of forfeiture proceedings and cases on money laundering and terrorism financing.

Posted 5 July 2022

AML/CTF Webinar Schedule (July 2022)

NOTICE OF AMLC RESO TF-56 SERIES OF 2022

Click this link for detail.

Posted 15 June 2022

2Q 2022 QUADSREC submission deadline

All covered persons who are required to comply with the requirements of the Digitization of Customer Records (DIGICUR) are advised that the Quarterly DIGICUR Status Report of Compliance (QUADSREC) for the second quarter of 2022 is due on 15 July 2022.

For strict compliance.

Posted 1 July 2022