Anti-Money Laundering Council (AMLC) Resolution No. 64 dated 10 July 2007

CIRCULAR LETTER NO. CL-2007-040

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

Subject : Anti-Money Laundering Council (AMLC) Resolution No. 64 dated 10 July 2007

Pursuant to Anti-Money Laundering Council Resolution No. 64 dated 10 July 2007, you are hereby informed that the UN 1267 Sanctions Committee approved the inclusion in the consolidated list of entities and individuals associated with the Al-Qaida, the Taliban or Usama bin Ladin subject to UN Security Council-mandated sanction the names of Najmuddin Faraj Ahmad a.k.a. Mullah Krekar; Mohamed Moumou and Mohammed Al Ghabra for their continued support to terrorist entities.

Under the same resolution, you are hereby requested to check carefully any funds, financial assets or economic resources, including property interests in property owned or controlled directly or indirectly by said individuals.

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 the council reports of covered and suspicious transaction, if any, involving the above named individuals.

For your guidance and strict implementation.

NESTOR A. ESPENILLA, JR. Deputy Governor