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SEC: All lending firms must register with AMLC


Published April 5, 2021, 7:00 AM
All financing and lending companies are now required by the Securities and Exchange Commission (SEC) to register with the Anti-Money Laundering Council (AMLC).
These firms are also directed to report suspicious transactions and comply with other rules and standards aimed at combating money laundering and terrorism financing in the country. 
The Commission has issued a Memorandum Circular to amend the SEC Guidelines on Anti-Money Laundering and Combating the Financing of Terrorism for SEC Covered Institutions and the 2020 Guidelines on the Submission and Monitoring of the Money Laundering and Terrorist Prevention Program (MTTP).
The amendment adds all financing and lending companies among the SEC-supervised covered persons, or those required to comply with the requirements and standards provided under the Anti-Money Laundering Act (AMLA) and the Terrorism Financing Prevention and Suppression Act (TFPSA).  ....

Emiliob Aquino , Exchange Commission , Prevention Program , Investor Protection Department , Money Laundering Council , Money Laundering Division , Anti Money Laundering Council , Memorandum Circular , Anti Money Laundering , Money Laundering , Terrorist Prevention Program , Anti Money Laundering Act , Terrorism Financing Prevention , Suppression Act , Anti Money Laundering Division , பரிமாற்றம் தரகு , ப்ரெவெந்ஶந் ப்ரோக்ர்யாம் , முதலீட்டாளர் ப்ரொடெக்ஶந் துறை , பணம் சலவை சபை , பணம் சலவை பிரிவு , எதிர்ப்பு பணம் சலவை சபை , மெமோராண்டம் வட்ட , எதிர்ப்பு பணம் சலவை , பணம் சலவை , எதிர்ப்பு பணம் சலவை நாடகம் , பயங்கரவாதம் நிதி ப்ரெவெந்ஶந் ,

RMP: Climate of persecution and fear persists even today


Published March 12, 2021, 6:01 PM
The Rural Missionaries of the Philippines (RMP) said Thursday, March 11, that the climate of persecution and fear continued to persist.
“As we start to commemorate the life, passion, death, and resurrection of Jesus Christ in this season of Lent, we also remember the climate of persecution Jesus experienced at the hands of the religious and political ruling elite of his time,” the group said in a statement released Thursday, March 11.
“The same climate of persecution and fear persists in our time today,” added RMP.
The group cited how over the past years, a number of their members were charged with various crimes including perjury, arson, kidnapping, robbery, and frustrated murder. ....

Philippine Islands , Philippines General , The Philippines , Jesus Christ , Manila Regional Trial Court Branch , Money Laundering Council , Rural Missionaries , Anti Money Laundering Council , Asset Preservation Order , Financing Prevention , Suppression Act , Anti Terrorism Law , National Task Force , End Local Communist Armed Conflict , Indigenous Peoples , Major Religious Superiors , பிலிப்பைன் தீவுகள் , பிலிப்பைன்ஸ் ஜநரல் , தி பிலிப்பைன்ஸ் , கிறிஸ்தவ சமயத்தை தோற்றுவித்தவர் கிறிஸ்து , மணிலா பிராந்திய சோதனை நீதிமன்றம் கிளை , பணம் சலவை சபை , கிராமப்புற மிஷனரிகள் , எதிர்ப்பு பணம் சலவை சபை , சொத்து ப்ரிஸர்வேஶந் ஆர்டர் , நிதி ப்ரெவெந்ஶந் ,