Bank/NBFI Transactions under AMLA Reporting

Ask AI

BSP CIRCULAR LETTER: Bank/NBFI Transactions under AMLA Reporting

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Bank/NBFI Transactions under AMLA Reporting

Law: Bsp Circular Letter

Decision Date: Jul 2, 2004

All banks and non-bank financial institutions must report transactions exceeding P500,000 and any suspicious activities to the Anti-Money Laundering Council within specified timeframes, ensuring compliance with the Anti-Money Laundering Act of 2001.

END