Swindlers, falsely engaging in real estate business, buy parcels of land from innocent landowners or offer them alleged real estate investment opportunities. The swindlers tell landowners that they need to register individually with the AMLC, as a condition to receive the payments for their lands or to be able to join as real estate investors. The swindlers will register their victims with the AMLC and charge each of them Php50,000 for registration fees. The swindlers make it appear that they have close connection with an official of the AMLC who facilitates their transactions.

     The swindlers also demand payments for the supposed registration with the AMLC of their “purchase agreements” and for Documentary Stamp Tax (DST). They demand more fees from landowners who, although they may have already paid so much to the swindlers but are not getting anything from the latter, may continue believing upon the swindlers’ words and would still pay all their additional demands. The victims may only finally realize the deception after falling deep into it. 

     As consistently reiterated by the AMLC, there is absolutely no fee for the online registration of covered persons (CPs) and for the issuance of certificates of registration and that registration with the AMLC is only for CPs which landowners are not. There is no requirement for landowners, or for whatever contracts related to their properties, to be registered with the AMLC. The AMLC warns the public not to be fooled by the words and promises of these swindlers. 

     The public is hereby advised to immediately report incidents of the above-mentioned type of swindling to the Executive Director, AMLC Secretariat, via email: This email address is being protected from spambots. You need JavaScript enabled to view it..

                                                                                                                       ###

 Posted: 23 September 2024

Pursuant to Item V-B (1), Part 1 of the 2021 AMLC Registration and Reporting Guidelines (ARRG), 23, 26, 28 August and 02 – 03 September 2024 are declared as non-reporting days and excluded in the counting of the prescribed reporting period.

Should you have any queries, you may refer to the ARRG Hotlines posted on the AMLC Website.

                                                                                                                         ### 

Posted: 10 September 2024

All Covered Persons (CPs) are enjoined to consider in their on-going risk-based Customer Due Diligence (CDD) processes the Securities and Exchange Commission’s (SEC) list of revoked, suspended, and delinquent corporations. The registration status of corporations can be viewed in the SEC’s website, through a search tool (https://checkwithsec.sec.gov.ph/) that allows users to verify a company’s status. 

CPs transacting with revoked, suspended, or delinquent corporations are advised, pursuant to Chapter VI, Rule 18 of the 2018 Implementing Rules and Regulations (IRR) of the Anti-Money Laundering Act (AMLA), to require as part of their CDD process the submission of the following: 

1. Received copy of the latest General Information Sheet (GIS) with beneficial ownership information;
2. Certificate of Non-Derogatory Record/Information from the Company Registration and Monitoring Department of the SEC;
3. Relevant order from the SEC lifting an Order of Delinquency/Suspension/Revocation; or,
4. Valid explanation why they should be permitted to continue their transaction despite being unable to submit updated documents as required under the IRR of the AMLA, in line with risk-based supervision policy of the covered institution. 

                                                                                                             ####

Posted: 06 September 2024

The Anti-Money Laundering Council (AMLC) warns the public to remain vigilant against individuals and entities unlawfully representing themselves as officers, staff, offices, or units of the AMLC.

These individuals and entities unscrupulously use the names or signatures of former and present AMLC officers and staff or the AMLC's name, logo, or e-mail address in their letters, notices, e-mails, messages, websites, or social media accounts to obtain personal information as part of their modus operandi to perpetrate scams and other fraudulent activities.

The act of misrepresenting the AMLC or one of its officers is punishable by law.

To guard against these illegal activities, the AMLC strongly urges the public to refrain from providing personal or financial account information to these individuals and entities or sending money to unverified or suspicious sources.

The public is strongly encouraged to verify the authenticity of messages received from, or transactions carried out with, supposed AMLC representatives and to report suspicious individuals and entities through the following contact details:

ANTI-MONEY LAUNDERING COUNCIL
Address:  5/F EDPC Building, BSP Complex, A. Mabini corner P. Ocampo Sts., Malate, Manila, Philippines
Contact Number: (+632)8708-7066
E-mail Address: This email address is being protected from spambots. You need JavaScript enabled to view it.

For instances of online scam and other fraudulent activities, the public may contact the Anti-Cybercrime Group of the Philippine National Police (PNP) at (632)8723-0401 Local 7491 and This email address is being protected from spambots. You need JavaScript enabled to view it.; the Cybercrime Division of the National Bureau of Investigation (NBI) at (632)8252-6228 and This email address is being protected from spambots. You need JavaScript enabled to view it.; and/or the Fraud and Financial Crimes Division of the NBI at (632)8525-4093 and This email address is being protected from spambots. You need JavaScript enabled to view it..

 -----------------------------------

PAALALA UKOL SA MGA NAGPAPANGGAP NA KINATAWAN NG AMLC

Pinag-iingat ng Anti-Money Laundering Council (AMLC) ang publiko laban sa mga manlolokong indibidwal at kumpanya na nagpapanggap na empleyado, opisyal, o kinatawan ng mga opisina ng AMLC.

Ilegal na ginagamit ng mga ito ang pangalan o lagda ng mga opisyal ng AMLC, pati na rin ang pangalan, logo, o e-mail address ng AMLC sa kanilang mga liham, notice, e-mail, mensahe, website, o social media account upang makakuha ng personal na impormasyon na magagamit sa mga scams at iba’t ibang uri ng panloloko.

Labag sa batas at may kaukulang parusa ang pagpapanggap bilang kinatawan ng AMLC o ng mga opisina nito.

Bilang proteksyon sa sarili, iwasang magbigay ng personal at financial account information, at huwag basta magpadala ng pera sa mga kahina-hinalang indibidwal at kumpanya.

Pinapayuhan ang publiko na suriing mabuti ang mga mensaheng natatanggap o transaksyong inaalok mula sa mga nagpapakilalang kinatawan ng AMLC, at agad ipagbigay alam ang mga kahina-hinalang indibidwal o kumpanya sa:

ANTI-MONEY LAUNDERING COUNCIL
Address:  5/F EDPC Building, BSP Complex, A. Mabini corner P. Ocampo Sts., Malate, Manila, Philippines
Contact Number: (+632)8708-7066
E-mail Address: This email address is being protected from spambots. You need JavaScript enabled to view it.

Pinapayuhan ang publiko na ipaalam o i-report ang mga online scam at ibang panloloko sa Anti-Cybercrime Group ng Philippine National Police (PNP) sa (632)8723-0401 Local 7491 at This email address is being protected from spambots. You need JavaScript enabled to view it.; sa Cybercrime Division ng National Bureau of Investigation (NBI) sa (632)8252-6228 at This email address is being protected from spambots. You need JavaScript enabled to view it.; at/o sa Fraud and Financial Crimes Division ng NBI sa (632)8525-4093 at This email address is being protected from spambots. You need JavaScript enabled to view it..