Anti–Money Laundering Council

Common card · No. 409675

The Anti–Money Laundering Council (AMLC, locally [ˈam.lak] ahm-LAHK) is the agency of the government of the Philippines that is tasked to implement the provisions of Republic Act No. 9160, also known as the Anti–Money Laundering Act of 2001 (AMLA), as amended, and Republic Act No. 10168, also known as the Terrorism Financing Prevention and Suppression Act of 2012 (TFPSA). It serves as the Philippines' central anti–money laundering/counter-terrorism financing (AML/CTF) authority. As such, it functions as the AML/CTF regulator and supervisor, financial intelligence unit, and primary law enforcement agency of the Philippines against money laundering and terrorist financing. While the Bangko Sentral ng Pilipinas (BSP) Governor is its ex-officio chairman, it is an altogether separate entity from the BSP. The AMLC may refer to (1) the government agency or (2) the Council, which heads the said government agency.

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