Based on data covering the period 2015 to 2016, the AMLC
said the vulnerability for money laundering at the national level was rated 'medium,' while the money-laundering risk was assessed to be 'medium-high.'
In his request submitted before the court, Estrada's lawyer, Paul Mar Arias, sought the subpoena duces tecum to be issued to the AMLC
107 which approved the AMLC
Registration and Reporting Guidelines (ARRG).
report alleged that Senator Estrada misused the funds allocated to him under the outlawed Priority Development Assistance Fund (PDAF).
records were given to Trillanes by a certain Abad who is his mistress,' he told reporters in a Palace briefing.
Diokno said during a forum organized by the Economic Journalists Association of the Philippines (Ejap) that while the AMLC
is involved in the investigation, the issue is not necessarily about POGOs being conduits of money laundering but its impact on the larger economy should their operations are discontinued.
The last circular issued by the Monetary Board revising AMLC
penalties was in 2017.
Carandang's dismissal arose from the administrative cases filed last year by Presidential Anti-Corruption Commission member Manuelito Luna and lawyers Eligio Mallari, Jacinto Paras and Glenn Chong for making statements to the media that the AMLC
was investigating the President and his family.
based its assessment on 161,650 suspicious transaction reports involving a total of P17.9 trillion submitted by financial institutions supervised by the Bangko Sentral ng Pilipinas, such as banks and money service businesses, from January 2013 to December 2017.
The Court of Appeals (CA) yesterday empowered the AMLC
to scrutinise the 430 accounts in nine banks in the name of Napoles, her husband, children and the NGOs she set up.
officials suspect that the Ampatuans used funds from government agencies and manipulated bank accounts to amass wealth.