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
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
Recommended Citation
Park, J., & Lim, A. L. (2016). Anti Money Laundering Act: Is it enough to deter dirty money?. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/5648
Embargo Period
5-6-2021