AMLC pushes for anti-money laundering law overhaul

AMLC pushes for anti-money laundering law overhaul

The Anti-Money Laundering Council (AMLC) is pushing for a legislative reform to overhaul the country's financial crime laws, emphasizing its urgency, as pending amendments to the Anti-Money Laundering Act (AMLA) must be passed before the Philippines faces a critical international evaluation in 2027.