Anti-Money Laundering Council (AMLC) Resolution No. 03 dated 14 January 2009

CIRCULAR LETTER NO. CL-2009-007

To: All Banks and Non-Bank Financial Institutions Under BSP Supervision Subject: Anti-Money Laundering Council (AMLC) Resolution No. 03 dated 14 January 2009

Pursuant to Anti-Money Laundering Council Resolution No. 03 dated 14 January 2009 (copy attached), you are hereby informed that on 21 October 2008, the United Nations Security Council AI-Qaida and Taliban Sanctions Committee approved the addition of the names of Muhammad Saeed, Zaki-Ur-Rehman Lakhvi, Haji Muhammad Ashraf and Mahmoud Mohammad Ahmed Bahaziq to its Consotidated Ust of individuals and entities subject to the asset freeze, travel ban and arms embargo set out in paragraph 1 of Security Council Resolution 1822 (2008) adopted under Chapter VII of the Charter of the United Nations. On the same date, said committee also approved the amendments of the Consolidated List with respect to Lashkar-E-Tayyiba, Al Rashid Trust and Al-Akhtar Trust International who had been the subject of AMLC Resolution Nos. 322, 89 and 9 dated 12 January 2004, 26 November 2008 and 30 January 2006, respectively.

Under the same resolution, all covered institutions are directed to submit to the AMLC, reports of covered or suspicious transactions, if any, involVing Muhammad Saeed, Zaki-Ur-Rehman Lakhvi, Haji Muhammad Ashraf, Mahmoud Mohammad Ahmed Bahaziq, Lashkar-E-Tayyiba, Al Rashid Trust and AI-Akhtar Trust International.

In accordance with Section 7(1) of R.A 9160, as amended, otherwise known as the Anti-Money Laundering Act (AMLA) of 2001, and Rule 13.7.2 of the Revised Implementing Rules and Regulations, you are hereby directed to submit directly to AMLC reports of covered and suspicious transactions, if any, involving the above named individuals/entities.

For your guidance and strict implementation.

NESTOR A. ESPENILLA, JR. Deputy Governor