Anti Money Laundering Act: Is it enough to deter dirty money?

Date of Publication

2016

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Legal Management

Subject Categories

Banking and Finance Law

College

Ramon V. Del Rosario College of Business

Department/Unit

Commercial Law

Thesis Adviser

Erickson Balmes

Defense Panel Chair

Antonio A. Ligon

Defense Panel Member

Joseph John Gerald Aguas

Abstract/Summary

Money laundering is a crime whereby the proceeds of unlawful activities are transacted thereby making them appear to have originated from legitimate sources. There are multifarious means of committing money laundering. In spite of the enactment of numerous laws that aim to deter individuals from undertaking such transactions, money launderers simply find new ways of cleaning their dirty money.

This study will analyze the deficiencies of current Anti-money Laundering Act of the Philippines and if this acts adequately covers all the instances of money laundering situation. Furthermore, this study will compare the Philippine Anti-Money Laundering Act with other jurisdiction's law on money laundering. Aside from this, it will introduce different unlawful activities and covered institutions which must be included in the future amendment of Anti-Money Laundering Act.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU19308

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

73 leaves, illustrations (some color), 29 cm.

Keywords

Anti-money Laundering Act of 2001 (Philippines); Money laundering--Law and legislation--Philippines

Embargo Period

5-6-2021

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