Topic

Republic Act 12010

Latest Daily Tribune news and analysis on Republic Act 12010.

  1. Financial Scam Act backstops EU move

    Financial Scam Act backstops EU move

    The EU has removed the Philippines from its high-risk money laundering list, affirming the country’s anti-financial crime progress. The ECCP urges full…

    1 MIN READ

  2. Deep dive into AFASA (2)

    Deep dive into AFASA (2)

    Institutions should act within 24 to 48 hours of receiving a report, freeze accounts promptly, update the account holder, and work with other financial…

    1 MIN READ

  3. A deep dive into AFASA (1)

    A deep dive into AFASA (1)

    Under Section 7 of AFASA, banks and financial institutions are authorized to impose a temporary hold on funds that are the subject of a disputed transaction.

    1 MIN READ