AMLA Refresher

Draw a leaf.

Think of a food that you want for snack.

AMLC

Anti-Money Laundering ___

BSP-FSID

Bangko Sentral ng Pilipinas-Financial System ___Department

MTPP

Money Laundering and Terrorism Financing ___ Program

CMG

____ Management Group

NSGL

National Strategic ___ List

Which of the following is a suspicious transaction under AMLA ?

• A transaction in cash or other equivalent monetary instrument exceeding Php 5,000,000

• A transaction exceeding Php 1,000,000 in cases of jewelry dealers, dealers in precious metals, and dealers in precious stones

• A transaction where the amount involved is not commensurate with the business or financial capacity of the client

• A single casino cash transaction in excess of Php5,000,000 or its equivalent in any other currency

The Anti-Money Laundering Act of 2001 is what under?

• RA 1960

• RA 9160

• 
  RA 0196

• 
  RA 1096

MTPP shall be reviewed and updated at least once every ___.

• 1 year

• 2 years

• 3 years

• 6 mos