BOC, AMLC join forces vs money laundering, terrorist financing

The Anti-Money Laundering Council (AMLC) expressed its full support and cooperation with the Bureau of Customs in curbing money laundering and terrorist financing in the country, as announced in a meeting between AMLC Executive Director Matthew David and Bureau of Customs (BOC) Commissioner Yogi Filemon Ruiz on Sept. 6.

Last year, the BOC and AMLC Coordination Center was inaugurated at the BOC-Ninoy Aquino International Airport. Ruiz said another coordination center will be established in the BOC Central Office to further enhance collaborative efforts between the agencies.

Executive Director David said that the AMLC will conduct trainings and workshops for the Deputized AMLC Financial Investigators (DAFIs) of the BOC to boost joint money laundering investigations on all smuggling cases which the BOC will file in the DOJ.

In addition, the AMLC will designate a point person for the BOC to ensure a seamless coordination between the agencies.

The Bureau will also work closely with the AMLC to further strengthen their working relationship as the agencies continue to work together in protecting the interests of the country and its citizens.

LEAVE A REPLY

Please enter your comment!
Please enter your name here