Rule · BSP · 22 Apr 2024
The Bangko Sentral ng Pilipinas disseminates Anti-Money Laundering Council resolutions imposing immediate Sanctions Freeze Orders on the Communist Party of the Philippines, Elizabeth Pineda Principe, and Islamic State of East Asia. All BSP-supervised financial institutions are mandated to freeze assets owned or controlled by these designated entities and submit written returns and suspicious transaction reports within five days. Compliance is strictly enforced under the Terrorism Financing Prevention and Suppression Act, with violations subject to full legal prosecution.
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OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2024-____ To : All BSP-Supervised Financial Institutions (BSFIs) Subject : Anti-Money Laundering Council (AMLC) Resolution Nos. TF-86, TF-87, and TF-88 (Targeted Financial Sanctions in Relation to Anti-Terrorism Council (ATC) Resolution Nos. 54 [2023], 53 [2023], and 55 [2023], respectively) This is to disseminate the AMLC TF Resolutions (copies attached), directing the issuance of Sanctions Freeze Order (SFO) to take effect immediately against the following:
(i) AMLC Resolution No. TF-861
Att: a/s
1 http://www.amlc.gov.ph/images/PDFs/Main/Notice%20of%20TF%2086%20re%20ATC%20Resolution%2054%20(2023).pdf 2 http://www.amlc.gov.ph/images/PDFs/Main/Notice%20of%20TF%2087%20re%20ATC%20Resolution%2053%20(2023).pdf 3 http://www.amlc.gov.ph/images/PDFs/Main/Notice%20of%20TF%2088%20re%20ATC%20Resolution%2055%20(2023).pdf 22
Republic of the Philippines
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Republic of the Philippines
ANTI-MONEY LAUNDERING COUNCIL
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