Please be informed that the Anti-Money Laundering Council will perform maintenance of Uninterruptible Power Supply on Tuesday, 29 October 2024, from 6:00 PM to 9:30 PM.  During these periods, access to the AMLC Website and AMLC Portal will be temporarily unavailable.

Should you have any queries, please contact our Enterprise Technology Management Group (ETMG) at 8708-7923 (Manila) or 8988-4886 (QC).

     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..

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 Posted: 23 September 2024

The Philippines this week moved closer to exiting anti-money laundering watchlists by 2025, paving the way for Filipinos, especially Overseas Filipino Workers, to benefit from faster and cheaper remittances and other transactions.

In a statement, the Financial Action Task Force (FATF), the global anti-money laundering watchdog, said the Philippines had addressed the 18 action plan items that had kept the country in the watchdog group’s “grey list” since June 2021.

“The Philippines has made the following key reforms including: (1) demonstrating that risk-based supervision of DNFBPs is occurring; (2) demonstrating that supervisors are using AML/CFT controls to mitigate risks associated with casino junkets; (3) implementing the new registration requirements for MVTS and applying sanctions to unregistered and illegal remittance operators; (4) enhancing and streamlining LEA access to BO information and taking steps to ensure that BO information is accurate and up-to-date; (5) demonstrating an increase in the use of financial intelligence and an increase in ML investigations and prosecutions in line with risk; (6) demonstrating an increase in the identification, investigation and prosecution of TF cases; (7) demonstrating that appropriate measures are taken with respect to the NPO sector (including unregistered NPOs) without disrupting legitimate NPO activity; and (8) enhancing the effectiveness of the targeted financial sanctions framework for both TF and PF,” FATF said in its 25 October 2024 statement. Read More