AMLC Resolution No. 89

L Libinas

OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR

CIRCULAR-LETTER

To: All Banks and Non-Bank Financial institutions

Under BSP Supervision

the Anti-Money Laundering Council relative to the request of the Government of Attached is a copy of Resolution No. 89 dated 15 August 2005 issued by

Reform in Arabia (MIRA), including the blocking of its assets. the United States of America for information about the Movement for islamic

Taliban. MiRA also serves as Al-Faqih's vehicle to propagate support for the Al- Al-Qaida. It is under the ideological and operational control of Al-Qaida-affiliated Saad al-Fagih who is also said to be associated with Usama Bin Laden and the a UK based Saudi oppositionist organization for providirg material support to the Qaida The United States Department of the Treasury has designated the MIRA

In view thereof, all banks and non-bank financial institutions under Bsp

covered or suspicious transactions, if any, involving the Movement for Istamic supervision are hereby directed to submit directly to the Council reports of Laundering Act (AMLA), as amended, and Rule 9.3 of the Revised implementing Rules and Regulations. Reform in Arabia (MIRA) in accordance with Sections 7 and 9 of the Anti-Money

Thank you for your cooperation.

X Hestor a JESPenilla, Jr.

Deputy Governor

Att.: A/S

24 Ave 2005

PANANALAPING MATATAG, BANSANG PANATAG

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

Anti-Money Laundering Council Bangko Sentrat ng Pilipinas Complex Manila, Philippines

RESOLUTION NO._89, Series of 2005

Whereas, in a ietter dated 19 July 2005, the Government of the United States of America, through its Embassy in Manila requests the Philippines for information including the biocking of assets of the Movement for isiamic Reform in Arabia (MiRA).

Whereas, the Us Department of the Treasury has designated the MIRA, a UK based Saudi oppositionist organization, for providing material support to the

pursuant to EO 13224 by the Department of Treasury on 21 December 2004 and is included in the United Nations 1267 Committee list of individuals/entities al-Qaida. MiRA is run by ai-Qaida-affiliated Saad ai-Faqih, who was designated

associated with Usama bin Laden (UBL) or members of al-Qaida or the Taliban.

Faqih and is his main vehicle to propagate support for the al-Qaida network. MIRA's 1995 founding statement explicitly states that the organization is not Whereas, MIRA is under the ideological and operational controi of ai-

limited to peaceful means in the pursuit of its objectives.

Whereas, information shows that statements on the MiRA website, including messages from UBL and Abu Mus'ab ai Zargawi, are intended to provide ideoiogical and operational support to al-Qaida affiliated networks and potential recruits.

Whereas, in 2003, MIRA and Fagih received approximately $1 million in funding through Abdulrahman Alamoudi. According to information available to the Us Government, the September 2003 arrest of Aiamoudi was a severe blow

money for ai-Qaida in the United States. In a 2004 plea agreement, Alamoudi admitted to his role in an assassination plot targeting the Crown Prince of Saudi Arabia and is currently serving a 23-year sentence. to al-Qaida, as Alamoudi had a ciose relationship with al-Qaida and had raised

since the mid 1990's, including with Khaled al Fawwaz, who acted as UBL's de Whereas, al Faqih has maintained associations with the al-Qaida network

facto representative in the United Kingdom and was associated with the 1998 East Africa embassy bombings.

Resolution (UNSCR) 1373 require UN member states to freeze terrorist assets financing terrorism. As a charter member of the United Nations and as part of without delay and to prohibit their nationals or persons in their territories from Whereas, the provisions of the United Nations Security Council

Money Laundering Councii, must actively support the actions required under the the international coalition against terrorism, the Philippines, through the Anti- subject UNSc Resolutions.

Laundering Act (AMLA), as amended and Ruie 9.3 of the Revised Implementing circulars and operating manuais promuigated by the Supervising Authorities. all covered institutions under their respective jurisdictions, copy of this Resolution and to direct the covered institutions to submit directiy to the Council reports of Reform in Arabia (MIRA) in accordance with Sections 7 and 9 of the Anti-Money Supervising Authorities, namely: the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, and the insurance Commission to circuiarize among covered or suspicious transactions, if any, invoiving the Movement for Islamic Rules and Regulations and other related or applicable rules, regulations, Wherefore, the Councit resolves, as it is hereby resolved, to require the

: :: August 2005, Maniia, Phillippines

(Governor, Bangko Sentral ng Pilipinas) AMANDO M TETANGCO, JR. Charman

(Chairperson, Securities and Exchange Commission) PE B. BARIN Member (Commissioner, Insurance Commission) Benjamin S. Santos Member