About this document
RA 11521: Strengthening AML Law by gore.soliven is a document available to read on EtoBox.
This document summarizes key amendments made to the Anti-Money Laundering Act of 2001 through Republic Act No. 11521. Some of the major changes include: expanding the definition of covered persons to include real estate developers, brokers, and offshore gaming operations; increasing the threshold for covered cash transactions; granting new investigative powers to the Anti-Money Laundering Council; and requiring implementation of targeted financial sanctions related to proliferation of weapons of mass destru
- Author
- gore.soliven
- Language
- EN