Tag: antimoney laundering act

President Duterte certifies as urgent bill that aims to strengthen Anti-Money Laundering Act

(Eagle News)–President Rodrigo Duterte has certified as urgent a Senate bill that would strengthen the Anti-Money and Laundering Act. In his letter to Senate President Tito Sotto, the President certified to the urgency of the “immediate necessity of the immediate enactment” of Senate Bill. No. 1412. The bill aims to amend Sections 2, 3, 7, 10, 12 and 20 of the law. The President said the amendments would  allow the country to “comply with legal […]