The House of Representatives proposed the Transparency in Banking Act, which amends bank secrecy laws in the Philippines.
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What happened
The House of Representatives proposed the Transparency in Banking Act, which amends bank secrecy laws in the Philippines.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Deposit secrecy rules constrain prudential supervision by the Bangko Sentral ng Pilipinas in the Philippines.Sub-event
New legislation requires Philippine banks to report covered transactions to the AMLC.1 source
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The entities involved
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Philippines
archipelagic country in Southeast Asia
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Anti-Money Laundering Council
legal agency of the Government of the Philippines
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