Latest Stories

  • Outgoing AMLC chief to join BSP

    MANILA (UPDATED) - Outgoing Anti-Money Laundering Council (AMLC) Executive Director Julia Bacay-Abad is joining the Bangko Sentral ng Pilipinas effective February 1.

  • AMLC executive director quits post

    MANILA - The executive director of the Anti-Money Laundering Council (AMLC), Julie Bacay-Abad, has resigned from her post following criticisms from President Rodrigo Duterte.

  • CA freezes drug convict's bank accounts

    MANILA - The Court of Appeals (CA) has issued a freeze order on the bank accounts of Chinese drug convict Peter Co, an inmate serving jail time at the New Bilibid Prison (PNP).

  • Bangko Sentral tightens anti-money laundering rules

    MANILA - The Philippine central bank is tightening its surveillance of money-remittance firms to ensure they would not be used to launder dirty money and facilitate terrorist financing.

  • Senators nix proposal to limit BSP's powers over AMLC

    Some senators reject the proposal to limit the powers of the Bangko Sentral ng Pilipinas over the Anti-Money Laundering Council. 

  • De Lima: Duterte to use AMLC for political persecution

    MANILA – Senator Leila de Lima on Tuesday criticized a proposal by House Deputy Speaker Gloria Macapagal Arroyo to strip the central bank governor of supervisory powers over the Anti-Money Laundering Council (AMLC), saying this would give President Rodrigo Duterte broader powers over the institution.

  • Locsin slams Arroyo proposal as 'irresponsible'

    A former lawmaker calls House Deputy Speaker Gloria Macapagal-Arroyo's proposal to bar the Bangko Sentral ng Pilipinas (BSP) from heading the Anti-Money Laundering Council 'irresponsible' and 'politically motivated.'

  • Aguirre open to Arroyo proposal stripping BSP gov's supervision over AMLC

    MANILA – Justice Secretary Vitaliano Aguirre II on Tuesday said he is open to the proposal of former president and now Pampanga Rep. Gloria Macapagal Arroyo to amend the Central Bank Act, particularly the powers of the Bangko Sentral ng Pilipinas (BSP) governor over the Anti-Money Laundering Council (AMLC).

  • Arroyo wants to bar Bangko Sentral from supervising AMLC

    MANILA - Former President and now House Deputy Speaker Gloria Macapagal Arroyo wants to amend the Central Bank Act, particularly the powers of the Bangko Sentral ng Pilipinas (BSP) governor over the Anti-Money Laundering Council (AMLC).

  • Bangladesh police detail suspicions of inside help in central bank heist

    DHAKA - A top investigator into the electronic theft of $81 million from the Bangladesh central bank is turning his attention to some IT technicians from the bank whom he suspects hooked up its transactions system to the public Internet, giving hackers access.