Anti-Money Laundering Council (AMLC) Resolution No. 70-A dated 30 June 2011

BANeKo SeNtnlL No PtutPlNes OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR ctRcurAR TETTER NO. Ct-2011- 054 To : All Banks and Non-Bank Financial lnstitutions Under BSP Supervision Subject : Circular Letter - Antl-Money laundering Council (AMIC] Resolution No. 70-A dated 30 June 2011 Pursuant to Anti-Money Laundering Council (AMLC) Resolution No. 70-A dated 30 June 2011 (copy attached), all covered institutions are directed to submit to the AMLC re- ports on suspicious transactions, if ?hy, involving (11 UMAR PATEK and (21AHMED SANTOS, including all transactions that occurred within the past five (5) years counting from the date of receipt of the AMLC Resolutlon. For your guidance and strict implementation. ESTOR A. TSPENIT Deputy Gover U _r tulv zott Att: A/S A. Mabini 5t., Malate 1004 Manila, Philippines o t6321 524-7011 . www.bsp.gov.ph . [email protected]

:'l Anti-Money Laundering Council Bangko Sentral ng Pilipinas Complex Manila, PhiliPPines RESOLUTION NO. 70 .A Series of 2011 In its Memorandum dated 16 June zO.lL,the AMLC Secretariat (AMLCS) reported to the Councilthat: on 73 Aprit 2077, Mr. Jomes D. Nixon, Legal Attoche of the united Stotes of Americo in Monilo requested ossistonce from the Anti-Money Loundering Council (AMLC) in obtoining information on bonk occounts and transoctions linked to Umor Potek ond Ahmed Santos. lJmor Pstek is o member of the Jemooh tstomiyoh, o terrorist group involved in the 2A02 Bali Bombing ond included in the UN Security Council Consolidoted List of terrorists. Ahmed Sontos, on the other hond, is the leoder of the Raioh Soloimon Movement (RSM), o group involved in the 2OOS Mokoti City Volentine's Day Bombing ond olso included in the IJN Security Council Consolidated List of terrorists. Llmar Patek hos been reportedly arrested by outhorities in Pakistan early thls year, while Ahmed Sontos wos arrested in October 2005 and has been the subject of AMLC Resolution No. 55, Series of 2008 directing covered institutions to submit suspicious tronsaction reports, if any. Recent informotion gothered indicotes thot prior to their respective opprehensions, IJmor Patek directed Ahmed Sontos to target Caucosion foreigners in Monilo. To carry out the directive, lJmor Potek provided the lotter the omount of PhP25O,OOO.OO- under AMLC Resolution No. 59, Series of 2005, covered institutions are ohligated to submit to the AMLC suspicious transoction reports under ony of the following relevant circumstonces, to wit: 8) Client was reported ond/or mentioned in the news to be involved in terrorist octivities. e) Client is under investigation by law enforcement ogencies for possible i nvolve ment i n te rrorist octivities.

x." Section 7(1)of R.A. 9160, a5 amended, provides: "SEC. 7. Creation of Anti-Money Laundering Council (AMLC) - The Anti-Money Laundering council is hereby created.and shall be composed of the Governor of the Bangko sentral ng pilipinas as chairman, the commissioner of the Insurance commission and the chairman of the securities and Exchange commission as members. The AMLC shall act unanimously in the discharge of its functions as defined hereunder: {1) to require and receive covered or suspicious transaction reports from covered institutions; x." The Council resolved to: (1) Direct all covered institutions to submit to the Anti-Money Laundering Council reports on suspicious transactions, if any, involving Umar Patek and Ahmed Santos, including all transactions that occurred within the past five (5) years counting from the date of receipt of this Resolution; and l2l Request the Supervising Authorities to disseminate copies of this Resolution to all covered institutions under their respective jurisdictions. ]0 June ZOLL, Manila, Philippines. Vru t AMANDp M. TETANGCO, JR. / chairman (Governor, Bangko Sentral ng Pilipinas) 3/ TERESITA J. HERBOSA Member ft' EMMANUET F. D Member {Chairperson, Securities and Exchange Commission) (Commissioner, Insurance Commission)