AMLC Resolution No. 96 dated 19 September 2005

CIRCULAR LETTER Series of 2005

TO       :  All Banks and Non-Bank Financial Institutions under BSP Supervision

Attached is Anti-Money Laundering Council (AMLC) Resolution No. 96 dated 19 September 2005 regarding the request of the United States Government to check carefully for offices, financial assets or economic resources belonging  to and related to the following individuals:

Ahmed El Bouhali (a.k.a. Abu Katada )

Faycal Boughanemi (a.k.a. Faical Boughanmi)

Abdelkader  Laagoub

These three (3) individuals are said to be affiliated with the Moroccan  Islamic Combatant Group (the Groupe Islamique Combattant Marocain),  which participated  in a criminal conspiracy to commit terrorist activities in Italy. In 20 July 2005, the UN 1267 Sanctions Committee also included their names in the list of individuals and entities associated with Usama Bin Laden, or members of al-Qaida, or the Taliban.

Pursuant to Sections 7 and 9 of the Anti Money Laundering Act (AMLA), as amended and Rule 9.3 of the Revised Implementing Rules and Regulations, you are hereby directed to submit directly  to the Council  reports of covered or suspicious transactions, if any,  involving these three (3) individuals.

For your strict compliance.

NESTOR A. ESPENILLA, JR. Deputy Governor