Opinion of the OGCLS on whether or not BSP examiners conducting regular or special examination of banks and NBFIs can access CTRs and STRs submitted by these covered institutions to the AMLC

MEMORANDUM NO. M-2009-051

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

Subject : Opinion of the Office of General Counsel and Legal Services (OGCLS) on whether or not BSP examiners conducting regular or special examination of banks and non-bank financial institutions (NBFIs) can access covered transaction reports (CTRs) and suspicious transaction reports (STRs) submitted by these covered institutions to the Anti-Money Laundering Council (AMLC)