The proposal expands who must follow anti‑money‑laundering rules (including crypto firms, online gambling sites, and jewelry dealers), gives the AML Council new powers to freeze assets and suspend transactions quickly, and provides it with funding and legal protections to operate more independently.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB08002. Status changes over time; check the link for the latest.
HB08002 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.