Description
This book provides a comprehensive and up to date legal publication on the Anti-Money Laundering Act (AMLA) of the Philippines.
The author hopes that the book will shed light on the powers of the Anti-Money Laundering Council (AMLC), and the investigative and legal procedures it follows to implement the AMLA.
The book covers not only domestic principles and practices but also internationally recognized best practices. It also cites the Financial Action Task Force Recommendations, and local and international court decisions and AMLC policies and resolutions. A chapter on the different international organizations and standards is included to give an overview on the influence they have on the anti-money laundering and combating the terrorist financing regime of the Philippines.
