Can I read Philippines Anti-Money Laundering Act on EtoBox?

Philippines Anti-Money Laundering Act by Karl D Antonio is a document available to read on EtoBox.

What is Philippines Anti-Money Laundering Act about?

This document summarizes key aspects of the Anti-Money Laundering Act of 2001 in the Philippines. It defines money laundering and related terms, establishes the Anti-Money Laundering Council to implement the law, and requires covered institutions like banks to verify customer identities and keep records to prevent money laundering activities. Violations of the law can result in criminal prosecution, civil forfeiture proceedings, and other legal actions. The goal is to protect the integrity of the financial

Author

Karl D Antonio

Language

EN