Anti-Money Laundering Council Resolution No. 61

OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR

CIRCULAR LETTER

TO Ali Banks and Non-Bank Financiai Institutions

Under BSP Supervision

2005) dated 13 June 2005, copy attached, you are hereby directed to check carefully for the assets of Biial al-HiYARI (Hiyari), a Specially Designated Global Terrorist Pursuant to Anti-Money Laundering Council Resolution No. 61 (Series of

Hiyari was convicted by the State Security Court of Jordan in October 2004 for providing funds to the Zargawi Network (also known as Jama'at al Tawhid wal Jihad and Tanzim Qa'idat al Jihad fi Bilad al-Rafidayn), which, according to Usama bin Laden, had aiready merged with the Ai-Qaida.

amended. and Rule 9.3 of the Revised implementing Rules and Regulations In accordance with Sections 7 and 9 of the Anti-Money Laundering Act, as

you are hereby directed to submit directly to the Council reports of covered or suspicious transactions, if any, involving Bilal al-Hiyari.

For your guidance and strict implementation

pma Mrleu b VAY MA. DOLOreS B. YUVIeNCO Sector-in-Charge

Att.: A/S

2005.

PANANALAPING MATATAG BANSANG PANATAG

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

Anti-Money Laundering Council

Bangko Sentral ng Pilipinas Complex Manila, Philippines

RESOLUTION NO.-S1. Series of 2005

WHEREAS, this refers to the letter dated 27 April 2005 of the Government of the United States of America, lhrough its Embassy in Manila, reguesting thel Philippines to check carefully for the assets of Bilal al-HIYARI (Hiyari), a Specially Designated Global Terrorist individual pursuant to E.0. 13224.

WHEREAS, Hiyari was convicted by the State Security court of Jordan in October 2004 for providing funds to the Zarqawi Network, also known as Jama'at al Tawhid wal Jihad and Tanzim Qa'idat at-Jihad fi Bilad al-Rafidayn, listed by the UN 1267 Sanctions Committee.

WHEREAS, on 27 December 2004, Usama bin laden announced that the Zargawi network had merged with: Al Qaida. Information available to the Us Government confirms that this merger has in fact taken place. Hiyari became acquainted with Zarqawi in 1 989 when they met in Afghanistan. Their relationship appears to have continued through the mid-late 1990s afler they had both returned to Jordan.

WHEREAS, Bilal al-Hiyari's association with AI Qaida warrants his inciusion in the UN 1267 Sanctions Committee consolidated list.

WHEREAS, on 13 April 2005, the United States requested that the UN

entities/individuals associated with Al Qaida/UBL/Taliban subject to sanctions 1267 Sanctions Committee add Hliyari to its consolidated list of

(including asset freeze) that UN member states are obligated to implement pursuant to UNsC Resolution 1267 and subsequent resolutions, including most recently, 1526.

WHEREAS, the provisions of the United Nations Security Council Resolution (UNSCR) 1373 require UN member states to freeze terrorist assels without delay and to prohibit their nationals or persons in their territories from financing terrorism. As a charter member of the United Nations and as part of the international coalition against terrorism, the Philippines, through the Anti-Money Laundering Council, must actively support the actions required under the subject UNSc Resolulions.

WHEREFORE, the Council resolves, as it is hereby resolved, to require the Supervising Authorities, namely: the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, and the Insurance Commission to circularize among all covered institutions under their respective jurisdictions, copy of this Resolution and to direct the covered institutions to submit directly to

the Council reports of covered or suspicious iransactions, if any, involving BlLAL AL-HIYARi in accordance wiin Sactions ? and 9 of the Anii-Money Laundering Act (AMLA), as amended and Ruic 9.3 of the Revised Implementing Ruies and Regulations and other related or applicabie rules, regulations, circulars and operating manuals promulgaled by the Supervising Authorities

JJun'e 2005, Manila, Philippines.

ANANDO MTETANGCO, JR

(Officer ir. Charge. Bankc Sentral ng Pitipinas) Acting Chainan

(Chairperson, Securities and Exchango Coririssior: (Commissioner, Insurance Comimission) DE B.BARIN Menben BenJamin s. Santos Memher