BSP Circular Letters BSP Circular Letter No. CL-2021-007BSP Circular Letter No. CL-2021-007 2021-01-13T00:00:00.000+08:00

Anti-Money Laundering Council (AMLC) Resolution Nos. TF-33 and TF-34, Series of 2020

OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR 007 CIRCULAR LETTER NO. CL-2021-___ To : All BSP-Supervised Financial Institutions (BSFIs) Subject : Anti-Money Laundering Council (AMLC) Resolution Nos. TF-33 and TF-34, Series of 2020 Consistent with the Philippines’ international obligations to comply with binding terrorism-related resolutions, including the United Nations (UN) Security Council (UNSC) Resolution No. 1373 pursuant to Article 41 of the UN Charter, the AMLC issued Resolutions directing the issuance of Sanctions Freeze Order (SFO) to take effect immediately against those subject of designation as follows (copy attached): a. AMLC Resolution No. TF-33, Series of 2020, dated 23 December 2020 – SFO against the Communist Party of the Philippines and the New People’s Army also known as Bagong Hukbong Bayan (CPP/NPA), pursuant to its designation as terrorist organization or group of persons by the Anti- Terrorism Council (ATC) Resolution No. 12, Series of 2020, dated 09 December 2020; and b. AMLC Resolution No. TF-34, Series of 2020, dated 23 December 2020 - SFO against the (1) Islamic State in Iraq and Syria in South-East Asia; (2) Dawlatul Islamiyah Waliyatul Masrik; (3) Dawlatul Islamiyyah Waliyatul Mashriq; (4) IS East Asia Division; (5) Maute Group; (6) Islamic State East Asia; (7) Maute ISIS; (8) Grupong ISIS; (9) Grupo ISIS; (10) Khilafah Islamiyah; (11) Khilafah Islamiyah Mindanao; (12) Ansharul Khilafah; (13) Bangsamoro Islamic Freedom Fighters-Bungo; (14) Bangsamoro Islamic Freedom Fighters-Abubakar; (15) Jama’atu al-Muhajirin wal Ansar fil Filibin; (16) Daulah Islamiyah; and (17) other Daesh-affiliated groups in the Philippines, pursuant to their designation as terrorist organizations, associations, or group of persons, by the ATC Resolution No. 13, Series of 2020, dated 09 December 2020. The above resolutions require the freezing without delay of the following property or funds, including related accounts: a. property or funds that are owned or controlled by the subjects of designation, and is not limited to those that are directly related or can be tied to a particular terrorist act, plot, or threat; A. Mabini St., Malate 1004 Manila, Philippines • (632) 87087701 • www.bsp.gov.ph • [email protected]

b. property or funds that are wholly or jointly owned or controlled, directly or indirectly, by the designated persons, organizations, associations, or group of persons; c. property or funds derived or generated from funds or other assets owned or controlled, directly or indirectly, by the designated persons, organizations, associations, or group of persons; and d. property or funds of persons and entities acting on behalf or at the direction of the designated persons, organizations, associations, or group of persons. BSFIs are directed to submit to the AMLC: (i) a written return, pursuant to, and containing the details required under, Rule 16.c of the Implementing Rules and Regulations of the Terrorism Financing and Prevention Act of 2012 (TFPSA); and (ii) Suspicious Transaction Reports on all previous transactions of the designated persons, organizations, associations or groups of persons, within five (5) days from receipt of the Sanctions Freeze Order. BSFIs are also reminded that those who a) deal directly or indirectly with any property or funds that they know or have reasonable ground to believe is owned or controlled by the designated persons, organizations, associations or groups of persons, including funds derived or generated from property or funds owned or controlled, directly or indirectly, by those subjects of designation; or b) make available any property or funds, or financial services or other related services to the designated persons, organizations, associations or groups of persons, shall be prosecuted to the fullest extent of the law pursuant to the TFPSA. A copy of the AMLC Resolutions may be viewed and downloaded from the AMLC website: www.amlc.gov.ph. For information and strict compliance. Digitally signed by Chuchi G. Fonacier Date: 2021.01.13 20:52:20 +08'00' CHUCHI G. FONACIER Deputy Governor Att.: A/S 13 January 2021

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