Philippines: Central Bank Adopting Measures to Fight Money Laundering
On January 20, 2017, the Monetary Board approved an updated comprehensive framework aimed at enhancing …
Philippines: New Regulation on Payment of Taxes By Card Approved
The Department of Finance and the Bureau of Internal Revenue (BIR) have issued a new …
Philippines: Central Bank Issues Circular Amending AML Regulations
On March 15, 2017 Bangko Sentral ng Pilipinas, the central bank of the Philippines (CBP), …
Philippines: Senate Urged to Pass AML Bill Before APG Deadline
Bill No. 1468, which includes designated casinos as covered persons under the Anti-Money Laundering Act …
Philippines: Rules on the Imposition of Administrative Sanctions Take Effect
Philippines: Anti-Money Laundering Council Announces Guidelines to Take Effect in 2018
On December 5, 2017, the Anti-Money Laundering Council (AMLC) Registration and Reporting Guidelines (ARRG) were …
Philippines: AML Council Approves Second National Risk Assessment
On December 20, 2017 the Anti-Money Laundering Council (AMLC) approved the second national risk assessment …
Philippines: Central Bank Launches Real-Time Payments Settlement Platform
On April 23, 2018, the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), …
Philippines: Anti-Money Laundering Council Provides Operational Guidelines for Mutual Evaluation Report 2018
On April 20, 2018, the Anti-Money Laundering Council of the Philippines (AMLC) published a letter …