The amended Anti-Money Laundering Act placing gambling casinos within its purview has closed the gaps in regulatory framework, Bangko Sentral ng Pilipinas Governor and Anti-Money Laundering Council Chairman Nestor Espenilla Jr. said Wednesday.

“This is a very welcome development. It plugs a critical gap in our legal framework,” Espenilla told reporters in a message via Viber.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details