Can I read AMLA Amendments: Threshold Reduced to P500k on EtoBox?

AMLA Amendments: Threshold Reduced to P500k by Christine Bernal is a document available to read on EtoBox.

What is AMLA Amendments: Threshold Reduced to P500k about?

The document discusses the Anti-Money Laundering Act of 2001 (RA 9160) in the Philippines and its amendments. It provides definitions of key terms like "covered persons" and "covered transactions." Covered persons include banks, insurance companies, securities dealers, money changers, company service providers, real estate developers, brokers, and offshore gaming operators. Covered transactions refer to cash transactions over PHP500,000. The law aims to protect bank confidentiality while preventing money la

Author

Christine Bernal

Language

EN