Anti-Money Laundering Council (AMLC) Resolution No. 55 dated 3 July 2008

CIRCULAR LETTER NO. CL-2008-043

To            :   All Banks and Non-Bank Financial Institutions Under BSP Supervision

Subject    : Anti-Money Laundering Council (AMLC) Resolution No. 55 dated 3 July 2008

Pursuant to Anti-Money Laundering Council Resolution No. 55 dated 3 July 2008 (copy attached), you are hereby informed that on 4 June 2008, the United Nations Security Council 1267 Committee approved the addition of the names of Rajah Solaiman Movement (RSM),   Hilarion del Rosario Santos III, Angelo Ramirez Trinidad, Dinno Amor Rosalejos Pareja, Feliciano Semborio Delos Reyes, Jr., Pio Abogne de Vera, Redendo Cain Dellosa, Ruben Pestano Lavilla, Jr. and Ricardo Perez Ayeras to its consolidated list of individuals and entities associated with Usama bin Laden, the Taliban and the Al Qaida.

Under the same resolution all covered institutions are directed to submit to the Council reports of covered or suspicious transactions, if any, involving   Rajah Solaiman Movement (RSM), Hilarion del Rosario Santos III, Angelo Ramirez Trinidad, Dinno Amor Rosalejos Pareja, Feliciano Semborio Delos Reyes, Jr.,  Pio Abogne de Vera, Redendo Cain Dellosa, Ruben Pestano Lavilla, Jr. and Ricardo Perez Ayeras.

In accordance with Sections 7 and 9 of the Anti-Money Laundering Act (AMLA) of 2001, as amended, and Rule 9.3 of the Revised Implementing Rules and Regulations, you are hereby directed to submit directly to AMLC reports of covered and suspicious transaction, if any, involving the above-named entity/individuals.

For your guidance and strict implementation.

NESTOR  A. ESPENILLA, JR. Deputy Governor