Philippine National Anti-Money Laundering Act
GPTKB entity
Statements (48)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
legislation
|
| gptkbp:aimsTo |
protect the financial system
|
| gptkbp:amends |
Republic Act No. 10365
|
| gptkbp:appliesTo |
financial institutions
|
| gptkbp:consequences |
imprisonment and fines
|
| gptkbp:defines |
money laundering
predicate offenses |
| gptkbp:effectiveDate |
2001-01-01
|
| gptkbp:enactedBy |
gptkb:Philippine_Congress
|
| gptkbp:enhances |
transparency in financial transactions
|
| gptkbp:established |
Anti-Money Laundering Council
a legal framework for asset recovery reporting requirements for casinos |
| gptkbp:facilitates |
investigation of money laundering cases
|
| https://www.w3.org/2000/01/rdf-schema#label |
Philippine National Anti-Money Laundering Act
|
| gptkbp:includes |
provisions for international cooperation
provisions for the freezing of assets |
| gptkbp:isChallengedBy |
certain business sectors
|
| gptkbp:isCriticizedFor |
insufficient enforcement measures
|
| gptkbp:isEvaluatedBy |
the Anti-Money Laundering Council
|
| gptkbp:isExaminedBy |
gptkb:the_Department_of_Justice
legal scholars |
| gptkbp:isInfluencedBy |
global anti-money laundering initiatives
|
| gptkbp:isLinkedTo |
the_Philippines'_economic_stability
|
| gptkbp:isLocatedIn |
regulatory guidelines
|
| gptkbp:isMonitoredBy |
international watchdogs
|
| gptkbp:isPartOf |
the_Philippines'_legal_framework
the_Philippines'_commitment_to_international_standards |
| gptkbp:isPromotedBy |
government campaigns
|
| gptkbp:isRelatedTo |
anti-terrorism financing laws
|
| gptkbp:isReviewedBy |
gptkb:the_Supreme_Court_of_the_Philippines
|
| gptkbp:isSubjectTo |
periodic review and amendments
|
| gptkbp:issuedBy |
Anti-Money Laundering Council
|
| gptkbp:isSupportedBy |
various civil society organizations
the banking sector |
| gptkbp:mandates |
training for personnel
the creation of a database for suspicious transactions |
| gptkbp:promotes |
public awareness of money laundering risks
|
| gptkbp:provides |
forfeiture of assets
protection for whistleblowers |
| gptkbp:purpose |
to prevent and combat money laundering
|
| gptkbp:relatedTo |
gptkb:Financial_Action_Task_Force
|
| gptkbp:requires |
reporting of suspicious transactions
customer due diligence cooperation with foreign authorities record keeping by institutions reporting of cash transactions over a certain amount |
| gptkbp:supports |
law enforcement efforts
|