Tag page - money laundering 2

The Anti-Money Laundering Council (AMLC) should now act to freeze the assets of Pharmally Pharmaceutical Corp.’s executives following revelations in the ongoing Senate investigation into the P11.5-billion worth of questionable contracts with the Duterte government, Senator Leila de Lima said....

The House of Representatives has approved on third and final reading a bill that would further plug loopholes in the current Anti-Money Laundering Law by penalizing smuggling of foreign currency and other monetary instruments in bulk. Dollar Smuggling With 197 affirmative and zero negative votes,...

Senator Grace Poe on Thursday, July 1, asked the Anti-Money Laundering Council (AMLC) for a report on its efforts and the challenges it is facing to have the Philippines removed from the list of countries tagged as high risk for money laundering and terrorist financing. Senator Grace Poe Poe,...

The government is determined to take steps to further improve the country's anti-money laundering and anti-terrorist financing regulations. President Rodrigo Duterte delivers a speech during the ceremonial signing of new laws in Malacañang on June 16, 2021. (Malacañang) Presidential spokesman...