Philippines Tightens AML Rules With Focus On Casinos And Other High Risk Industries

Philippine authorities are strengthening coordination among enforcement agencies to address money laundering and terrorism financing following a directive issued on 12 February by President Ferdinand Marcos Jr.

Good to Know

• National strategy calls for closer collaboration with the Anti Money Laundering Council.
• Real estate, casinos, and import export activity identified as higher risk sectors.
• Specialized police units are receiving financial forensics training.

Philippine National Police leadership confirmed full support for the directive and plans to integrate investigative resources with AMLC operations.

General Jose Melencio Nartatez said:

“The Philippine National Police is fully committed to President Marcos directive. We are ready to integrate our investigative powers with AMLC in running after organized crime groups and syndicates, especially those involved in illegal drugs, smuggling and cybercrimes.”

Authorities will increase monitoring of financial flows linked to industries considered vulnerable to abuse. International coordination with foreign enforcement partners will also expand to track funds moving across borders.

Training programs are now underway for the Anti Cybercrime Group and the Criminal Investigation and Detection Group, focusing on financial investigation methods and evolving criminal patterns.

FAQ

What Triggered The Policy Push?

A February directive from President Ferdinand Marcos Jr instructed agencies to work more closely with AMLC.

Which Sectors Are Under Increased Oversight?

Real estate, casinos, and import export businesses are identified as higher risk areas.

How Will Police Support The Effort?

Law enforcement will combine investigative authority with AMLC intelligence and expand international cooperation.

Are New Capabilities Being Developed?

Yes. Specialized units are undergoing training in financial forensics and crime trend analysis.