Can I read Anti-Money Laundering Act of 2001 on EtoBox?

Anti-Money Laundering Act of 2001 by karlsoulreaver77 is a document available to read on EtoBox.

What is Anti-Money Laundering Act of 2001 about?

The Republic Act No. 9160, known as the Anti-Money Laundering Act of 2001, defines money laundering as a crime involving the transaction of proceeds from unlawful activities to make them appear legitimate. It establishes the Anti-Money Laundering Council (AMLC) to oversee compliance and enforcement, including the authority to freeze accounts and inquire into bank deposits related to money laundering. The Act outlines penalties for offenders and mandates covered institutions to report suspicious transactions

Author

karlsoulreaver77

Language

EN