HB 282

An Act Authorizing the Bangko Sentral Ng Pilipinas (BSP) and Philippine Deposit Insurance Company (Pdic) to Look into Deposits of Any Banking Institution to Prevent, Detect, Prosecute and Punish Money Laundering and Similarly Protect the Filipino Depositors from Any Illegal Banking Activities Which Lead to the Closure of Banks Thereby Amending Republic Act No. 1405 and for Other Purposes