Duterte signs law amending Anti-Money Laundering Act
President Rodrigo Duterte has signed a law that intends to strengthen the country’s anti-money laundering act (AMLA).
Tag: Anti-Money Laundering Act
Poe: Signing of AMLA amendments law restores trust in banking system
The fortified Anti-Money Laundering Act is a “fresh signal to investors to put their trust and money into the financial system to help bring around the economy,” Senator Grace Poe said on Saturday.
Velasco vows swift passage of 2021 budget, other priority bills to stimulate economy, fight corruption
Speaker Lord Allan Velasco said the House of Representatives is ready “to hit the ground running” and looks forward to the ratification of the proposed P4.506-trillion national budget for 2021 as the 301-man chamber is set to resume its session on Monday, November 16.
Senate panel to act swiftly on AMLA amendments – Poe
Senator Grace Poe on Wednesday said the Senate committee on banks, financial institutions and currencies will act with dispatch on the amendments to the Anti-Money Laundering Act (AMLA) “while ensuring thorough and transparent deliberation.”
Imee: OFWs face difficulties remitting money unless AMLA amended
Senator Imee Marcos warned on Monday that Filipinos here and abroad will face difficulties in their financial transactions if an international monitor decides this month that the country has not done enough to curb money laundering.
Senate orders arrest of ex-Comelec chief Bautista
Senate President Aquilino “Koko” Pimentel III on Monday ordered the arrest of former Commission on Elections (Comelec) Chair Andres Bautista after being cited in contempt.
Just telling the truth: Trillanes says ‘most dangerous city’ tag for Davao based on PNP data
“The truth, definitely, hurts.”
Jobless daw? Andy Bautista snubs Senate hearing on wealth: I’m looking for work abroad
Former Commission on Elections chairman Andres Bautista has skipped the Senate hearing on his possible violation of the Anti-Money Laundering Act, saying he has been abroad since late last year.
Nipped in the bud: Dick adamant Trillanes won’t get his way in probing Duterte’s secret bank accounts
Sen. Richard Gordon efforts by Sen. Antonio Trillanes IV to have the Senate investigate President Duterte’s alleged undeclared bank accounts were unlikely to take flight.
Ping says Senate can’t just look into somebody’s accounts: Di pwede pilitin AMLC pag walang krimen
The Senate cannot just act on Sen. Antonio Trillanes IV’s call to look into the bank accounts of President Rodrigo Duterte, lest it violate the Bank Secrecy Act, Sen. Panfilo Lacson said Monday.
