An Act Strengthening the Anti-Money Laundering Council, Amending for the Purpose Republic Act No. 9160, Otherwise Known as the Anti-Money Laundering Act of 2001, as Amended
The proposal would give the Anti‑Money Laundering Council new powers to suspend transactions, freeze assets, and expand the types of businesses that must report suspicious activity, including virtual‑asset platforms, casinos and jewelry dealers.
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/SBN-1674. Status changes over time; check the link for the latest.
SBN-1674 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.