AMLC ADVISORY TO COVERED PERSONS (EXCLUDING INSTITUTIONS SUPERVISED AND REGULATED BY THE INSURANCE COMMISSION AND CASINOS)
5 November 2018
Covered persons (excluding institutions supervised and regulated by the Insurance Commission and casinos) are advised that 6 November 2018 is the first day of implementation of Section 4 of AMLC Regulatory Issuance (ARI) A No. 1, Series of 2018, requiring the inclusion of the time stamp in the transaction date field for CASA, time deposit, foreign exchange and remittance transactions. All covered and suspicious transaction reports without the time stamp shall be rejected by the AMLC’s data collection system, and considered non-submission thereof.