Commercial and Taxation Laws › Banking Law › Anti-Money Laundering (RA 9160, as amended by RA 9194, 10167, 10365, 10927, 11521, 11930, and 12312)

4. Money Laundering

6. Money Laundering

  • How Committed
  • Predicate Crimes/Unlawful Activity

ANTI-MONEY LAUNDERING ACT

The section numbers hereinafter generally pertain to RA 9160 or the Anti-Money Laundering Act1, as amended by RA 91942, RA 101674, RA 103653, RA 109275, and RA 11521, unless otherwise indicated.

Money Laundering is committed through any of the acts specified in Sec. 4 of RA 9160, as amended, involving monetary instruments or property that the offender knows represent proceeds of unlawful activity; the statute also penalizes knowing failure to make a required report.

It is governed by RA 9160, as amended by RA 9194 (2003), RA 101674 (2012), RA 10365 (2013), RA 109275 (2017), and RA 11521 (2021).

Authorities

  • RA 10167
  • RA 10365
  • RA 10927
  • RA 9160
  • RA 9194