In this video recorded on 08 June 2021, Atty. Mel Racela, Executive Director, Anti-Money Laundering Council (AMLC) Secretariat, Philippines highlights the pertinent revisions, important deadlines and regulatory expectations around the recently approved Amendments to the Designated Non-Financial Businesses and Professions (DNFBP) Guidelines.
Watch the video to learn about:
- Pertinent provisions in the scope, CTR thresholds and definition of terms
- Covered and suspicious transaction reporting and indicators
- Registration requirements and AMLC hotline numbers for assistance
- Important deadlines
- Regulatory expectations
- Key takeaways