Tag Archives: anti-money laundering law
- Philippines dodges further scrutiny with casino laundering inclusion
August 11, 2017
Big brother has finally taken his eyes off the Philippines after the country included casinos under the coverage of its anti-money laundering law. The Philippine Anti-Money Laundering Council (AMLC) announced that the southeast island nation has dodged further scrutiny – and possible sanctions – from the Asia Pacific Group on...
- Philippines to sweep dirty casino cash with new Anti-Money Laundering Law
July 19, 2017
The Philippines will no longer sweep dirty cash from casinos under the carpet after President Rodrigo Duterte signed the country’s newly improved Anti-Money Laundering Law. President Duterte signed Republic Act 10927 on Wednesday in a bid to decrease illicit cash inflows. With the new law, which extends its reach to...
- PH Congress assures new AMLA amendments to cover casinos
February 25, 2013
Philippine lawmakers have given the Financial Action Task Force the assurance that the country's anti-money laundering law (AMLA) will still get another round of amendments with particular attention being paid to the regulation of casino operations in the country. Senator Teofisto Guingona III, the main proponent in the Philippine Senate...
Okada Manila eyes Philippine backdoor listing
May 2, 2017