A proposed measure that could spare the Philippines from being blacklisted by an international anti-money laundering task force moves a step closer to being enacted after the Senate approved it on second reading on Wednesday.

Sponsored by Sen. Francis Escudero, Senate Bill (SB) 1468 seeks to put more teeth into the existing Anti-Money Laundering Act (AMLA) by including the casino industry in the list of institutions covered by the law.

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