AMLC Resolution No. 42 dated 29 April 2005

anc Y nas

SUPERVISION AND EXAMINATION SECTOR OFFICE OF tHE DEPUTY gOVERNOR

CIrCULAR LETtER

To All Banks and Non-Bank Financial Institutions Under BSp Sujpervision

Money Laundering Council reiterated that all covered institutions, on best effont basis as far as completion deadline is concerned, should: In its Resolution No. 42 dated 29 April 2005, copy attached, the Anti-

I Submit corresponding electronic copy versions, in the required format, of

those Suspicious Transactions Reports (STRs) previously submitted in form, as the case may be, retroactive to 05 January 2004; and hard copy or the hard copy version of those submitted only in electronic

2 Re-submit, in required eiectronic form, those Covered Transactions

diskette not in the requirec format, retroactive to 23 March 2003. Reports (cTRs) that have been submitited previously in hard copy or in

Your utmost cooperation is hereby enjoined.

NEstor aYesPenillA Deputy Governor JR

Att.: AS

June 2005

MAG-IMPOK SA BANGKO

MAYNILA, PILIPINAS 1004 . Tel No. 524-70-! : trunkline : URL: www.bsp.gov.ph - e-mail: [email protected]

Anti-Money Kosandering Council Bangko Scntral ng Pitipinas Complex Manila, Phitippines

RESOLUTION NO.

by the AMLc from the covered instituliors are in various states of submission and generally tall within the following categories: Whereas, the covered and suspicious transaction ieports (cTRs/STRs) being receivad

1 2 CTRs submitted in hard copy or diskette hot in the required foumat STRs submitted in hard copy without the coiresponding elecionic copy or ele:ctronic copy without ti e cor:esponding hard copy

Whereas, the AMLC Resolution No. 317 dated 30 December 2003 states:

2 "To requie all covered institutions under the AMLA, as amended, to submit first wotking day of Januaty 2004, retoactive to March 23, 2003." Covered Transaction Reports using the uew foms (Annexes A. B, C) staiting the

3 "To requite all covered institutions under the AMLA, as amended, to submit wot king day of January 2004." Suspicious Transaction Repons using the new foms beginning te first

9160, as amended by R.A. 9194 states. Whereas, Rule 9.3.b.2 of the Revised implementing Rules ard Regulalions of R.A. No.

bo submitted in a secured manner to te AMLC in eiectionic fonu, correspoming fad cogy for suspicious transactous... either via disketles. leased ines, or thuough intenmet faciities, with the Covered transaction tepons and suspicious transaction teponts shalf

Covered ins ttutions, on best effort basis as far as completion deadline is concerned, should: Wherefore, in view thereof, the Council resoives, as it hereby resolved, to reiterele that

Submit correspording etectronic copy versions, in the required format, or those STRs previously subniltad in hard copy or the hard copy version of tihose submitted onty in electronic form, as the case may be, retroaclive to January 5, 2004.

2 Re-submit, in required electronic fornt, those CTRs that have been submilted previousty in haid copy or in diskelte rot in the required fonmat, retroactive to Match 23, 2003. April 2005. Manilo, Phtilippines

AMANDO M. tEtANGCO JR (OC, Bangko Sentrai ng Pilipinas) Axtny Chairmam

(Chairperson, Securities and Exchange Comission) Memuer (Conmissioner, Insurance Conmission) BENJAMIN S. SANTOS Member