Anti-Money Laundering Council (AMLC) Resolution No. 400

I ko Sentral'ng Pilipinas

SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOr

CIrcULAr Letter

To All Banks and Non-Bank Financial Institutions Under BsP Supervision

Council and Republican Sinn Fein, an active terrorist group No. 400 dated 30 July 2004, request your cooperation to the call of the United States Government thru its Embassy in Manila to check carefully for offices or financial assets and to freeze these assets shouid any be found beionging to the CONTINUITY tRISH REPUBLICAN ARMY (CIRA) a.k.a., Continuity Army The Anti-Money Laundering Council (AMLC), in the attached Resolution

the AMLc reports of covered and suspicious transactions, if any, involving the above-named terrorist group. Pursuant to said resolution, you are hereby directed to submit directiy to

For your strict compliance.

ALBERTO Deputy Governor REYES

Att.: AS

200

Pananalaping Matatag, Bansang Panatag

A. Mabini St., Malate 1004 Manila, Philippines @ Trunkline (632) 524-70-11 URL:www.bsp.gov.ph e-mail: [email protected]

Anti-Money Laundering Council Banigko Sentral ng Pitipinas Compiex Manila, Philippines

RESOLUTION NO. 4O0

IRISH REPUBLiCAN ARMY (C!RA), and to freeze the same should any be check carefully for offices or financial assets belonging to the CONTINUITY foud Embassy in Manila, sent a letter dated 15 July 2004 addressed to Hon. Rafael B. Buenaventura, Governor, Bangko Sentral ng Pilipinas, regarding its request to On 19 July 2004, the Government of the United States, through its

thwart the peaceful resolution of the Northern ireland conflict. since 1994, has carried out terrorist bombings and shootings primarily in Belfast and the border areas of Northern treland. CIRA's terrorism activities seek to The Continuing Irish Republican Army (CiRA), an active terrorist group

consolidated asset freeze list, as it does not appear that CIRA has links to Usama Bin-Laden, Al-Qaida or the Taliban. aliases, Continuity Army Council and Repubiican Sinn Fein. In addition, the Secretary designated CiRA and its aliases as a Foreign Terrorist Organization (F'TO) under the Immigration and Nationality Act. They have no intention of forwarding these names to the UN 1267 Sanctions Committee for inclusion on its US Executive Order 13224, amended the designation of the CiRA to include its On 13 July 2004, the Secretary of State, pursuant to his authority under

terrorism. As a charter member of the United Nations and as part of the international coalition against terrorism, the Philippines, through the Anti-Money. Laundering Councii, must actively support the actions required under the subject and to prohibit their nationals or persons in their territories from financing UNsC Resolutions. (UNSCR) 1373 require UN member states to freeze terrorist assets without delay However, the provisions of the United Nations Security Councit Resolution

Pursuant thereto, the Council unanimously resolves, as follows: (1) To require the Supervising Authorities, the Bangko Sentral ng institutions under their respective jurisdictions, copy of this insurance Commission to circularize among all covered Resolution; and Pilipinas, the Securities and Exchange Commission, and the

(2) To direct the covered institutions to submit directly to the or appticabie rules, regulations, circulars and operating manuals involving the afore-named individuals in accordance with Sections 7 and 9 of the AMLA, as amended and Rule 9.3 of the Council reports of covered or suspicious transactions, if any. Revised Implementing Rules and Reguiations and other related promulgated by the Supervising Authorities.

30 July 2004, Manila, Philippines.

(Governor, Bangko Sentral ng Pilipinas) RAFAEL B. BUENAVENTURA Chairman

(Chairperson, Securities and Exchange Commission) (Officer-in-Charge, Insurauice Commission) Lilia r. BautistA Mermber 1UO WAALY EDUARDO T. MALINIS Member