AMLC Resolution No. 455 dated 21 December 2004

ko Sentral ng Pi bina

SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOR

CIRCULAR-LETTER

TO ALL BANKS AND NON-BANK FINANCIAL INSTItUTIONS

directing ali covered institutions to submit directiy to the Council reports ot covered or suspicious transactions, if any, involving "Tanzim Ga'idat Al-Jihad fi Bilad Al Rafidayn, the new alias of the Jama' at At-Tawhid Wa'al-Jihad Anti-Money Laundering Council (AMLC), in his letter dated 23 December 2004 attached is a copy of AMLC Resolution No. 455 dated 21 December 2004 (JTJ), a radical islamic terrorist organization. Pursuant to the request of Mr. Vicente S. Aquino, Executive Director of the

You are hereby enjoined to strictly comply with above-quoted resolution.

ALBERTC Deputy Governor REYES

December 2004

DYMS

PananalaPing Matatag, BanSang P anatag A. Mabini St., Malate 1004 Manila, Philippines Trunkline (632) 524-70-11 URL:www.bsp.gov.ph e-mai!: bs [email protected]

Anti-Money Laundering Council Bangko Sentral ng Pilipinas Complex Manila, Philippines

RESOLUTION NO. 455

On 25 November 2004, the Anti-Money Laundering Council (AMLC)l issued Resolution No. 445 requiring the Supervising Authorities, the Bangko Sentral ng Pilpinas, the Securities and Exchange Commission and the insurance Commission to circularize among ail covered institutions under their respective jurisdictions copy of Resolution No. 445 and to direct the covered institutions to submit directly to the Council reports of covered or suspicious transactions, if any, involving the Jama'at al-Tawhid wa-al-Jihad (JTJ).

Jama'at ai-Tawhid wa'al-Jihad (JTJ) is the radical Islamic terrorist organization led by Abu Mus'ab Ai-Zargawi, who has been des:gnated by the UN 1267 Sanctions Committee in September 2003 as Al-Qaida and Taliban associated individuais.

On 30 November 2oo4, the Government of the United States amended the original E.O. 13224 designation of the Zarqawi terrorist network (Jama'at al- Tawhid wa'al-Jihad) to include its new alias, Tanzim Qa'idat Al-Jihad fi Bilad Al Rafidayn, which is broadly understood to mean, "the base of Jihadi operations in Irag" or "Al-Qaida in Iraq".

On 17 October 2004, the Zarqawi group went public with this new name after publicly deciaring its loyalty to Al-Qaida and Usama bin Laden, using it to ciaim responsibility for the 24 October 2004 slaughter of 48 unarmed, out-of- uniform Iragi soldiers and the 26 October 2004 abduction and subsequent murder of Japanese citizen, Shosei Koda.

On 2 December 2004, Japan joined by the UK and Germany, submitted the new alias to the UN 1267 Committee for inclusion ir: the Committee's consolidated list of individuals/entities associated with Al-Qaida, the Taliban or Usama Bin Laden. The Government of the United States fully supports those efforts.

In a letter dated 8 December 2004, the Government of the United States of America, through its Embassy in Manila, requests the Philippines to include Al-Tawhid Wa'al-Jihad (JTJ) and to check for its offices or financial assets and to Tanzim Qa'idat Al-Jihad fi Bilad Al Rafidayn as the new alias of the Jama'at

freeze the same, should any be found.

The provisions of the United Nations Security Council Resolution (UNSCR) 1373 require UN member states to freeze terrorist assets without deiay and to prohibit their nationals or persons in their territories from financing terrorism. As a charter member of the United Nations ard as part of the

Laundering Council, must activeiy support the actions required under the subject international coalition against terrorism, the Philippines, through the Anti-Money UNsc Resolutions.

Supervising Authorities, the Bangko Sentral ng Pilipinas, the Securities and covered institutions under their respective jurisdictions, copy of this Resolution and to direct the covered institutions to submit directly to the Council reports of Exchange Commission, and the Insurance Commission to circularize amiong all Pursuant thereto, the Council unanimously resoives to require the

covered or suspicious transactions, if any, invoiving Tanzim Qa'idat Al-Jihad fi accordance with Sections 7 and 9 of the AMLA, as amended and Rule 9.3 of the Supervising Authorities. Bilad Al Rafidayn, the new alias of the Jama'at al-Tawhid wa-al-Jihad (JTJ), in Revised Impiementing Rules and Regulations and other related or applicable rules, regulations, circulars and operating manuais promulgated by the

21 December 2004, Manila, Philippines

RaFael B. BuenAVEnturA Chairman f (Governor, Bangko Sentral ng) pinas

(Chairman, Securities and Exchange Commission)(Commissioner, Insurance Commission) FE^B.BARIN b Member BENJAMIN S. SANTOS Member