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Anti-Money Laundering Council (AMLC) Heads: A Timeline

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In a bid to provide transparency and accountability, the Anti-Money Laundering Council (AMLC) has released a list of its heads since its inception. Here’s a timeline of the individuals who have led the organization:

2005-2010

  • Evangeline C. Escobillo (IC, October 2005 - August 2007)
  • Amando M. Tetangco Jr. (BSP, July 2005 - )
  • Fe B. Barin (SEC, September 2004 - )
  • Eduardo T. Malinis (IC, August 2007 - February 2010)

2010-2022

  • Mel Georgie B. Racela (Officer-in-Charge, November 2001 - May 2002; Executive Director, January 2013 - August 2022)
  • Julia C. Bacay-Abad (Executive Director, March 2013 - January 2017)

2022-Present

  • Matthew M. David (Executive Director, August 2022 - present)

The AMLC is a government agency responsible for preventing and combating money laundering and terrorism financing in the country. Its mission is to protect the financial system from these illicit activities.

Structure

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The AMLC has several departments and units that work together to achieve its goals. These include:

  • Office of the Executive Director (OED)
  • Detection and Prevention Department (DPD)
  • Investigation and Enforcement Department (IED)

Each department has its own functional groups and units, working together to prevent and investigate money laundering and terrorism financing activities.

Laws and Rules

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The AMLC is governed by several laws and rules, including:

  • Republic Act No. 9160 - Anti-Money Laundering Act of 2001
  • Republic Act No. 9194 - Amending the AMLA
  • Republic Act No. 10167 - Strengthening the AMLA
  • Republic Act No. 10365 - Further Strengthening the AMLA
  • Republic Act No. 10927 - Designating Casinos as Covered Persons under the AMLA

These laws and rules provide a framework for the AMLC to operate effectively in preventing and combating money laundering and terrorism financing.

Contact Us

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For more information on the Anti-Money Laundering Council, please visit their official website at [website URL]. You can also contact them through email or phone.