IRR Signed for Anti-Money Laundering Law
The Philippines should be able to satisfy international concerns about its new antimoney laundering law and exit a blacklist of uncooperative countries before the end of the year, Bangko Sentral ng Pilipinas Governor Rafael Buenaventura said yesterday.
Speaking at a congressional signing ceremony for the rules of the law, Buenaventura said he believed the country had adequately addressed and clarified concerns about the measures raised by the Financial Action Task Force (FATF).
The oversight committee of Congress on anti-money laundering yesterday finally signed the implementing rules and regulations (IRR), which is believed to be within the international standards. …
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Publication information: Article title: IRR Signed for Anti-Money Laundering Law. Contributors: Not available. Newspaper title: Manila Bulletin. Publication date: March 13, 2002. Page number: Not available. © 2009 Manila Bulletin Publishing Corp. COPYRIGHT 2002 Gale Group.
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