An Act Further Strengthening the Anti-Money Laundering Act, Amending for the Purpose Republic Act No. 9160, Otherwise Known as the 'anti-Money Laundering Act of 2001', as Amended
The bill seeks to tighten anti‑money‑laundering rules by making casinos verify customers more closely, expanding banks’ know‑your‑customer checks, letting the AML Council investigate certain deposits without a court order, and clarifying its power to act on its own.
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-1828. Status changes over time; check the link for the latest.
SBN-1828 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.