Anti-Money Laundering Council(AMLCS)

April 4, 2022 Dear Mr. Semblante, Thank you for your request dated 22 March 2022 under Executive Order No. 2 (S. 2016) on Freedom of Information in the Executive Branch. The bank is requesting for a Certificate of Registration with the Anti-Money Laundering Council (AMLC) as part of its customer due diligence on a covered person (i.e., Zarina Jewelry and Watch Repair Shop) transacting with another covered person (i.e., the bank) under Republic Act No. 9160, otherwise known as the Anti-Money Laundering Act of 2001, as amended (AMLA). The AMLC Provisional Certificate of Registration (PCOR) may be obtained by registering at the AMLC Portal at https://portal.amlc.gov.ph/amlc/ and uploading the following documents pursuant to Part 2 (Online Registration) of the 2021 AMLC Registration and Reporting Guidelines (ARRG) and Section 49 of the 2021 Anti-Money Laundering/Counter-Terrorism Financing Guidelines for Designated Non-Financial Businesses and Professions (DNFBPs): (a) Most recent Articles of Incorporation and General Information Sheet from the Securities and Exchange Commission (SEC) or Certificate of Registration from the Department of Trade (DTI); (b) Notarized Deeds of Undertaking of the entity, signed by the proprietor/president/directors; and (c) Notarized Board Resolution or Certificate of Designation as Compliance Officer. After registration, you will be provided a PCOR, which you can use to present to the bank for the opening of your online business account, in compliance with the latter’s customer due diligence measures prescribed under the 2018 Implementing Rules and Regulation (IRR) of the AMLA. However, it should be noted that the PCOR shall be valid only for a period of six (6) months, and the DNFBP shall be issued a Certificate of Registration (COR) only upon submission of the following requirements under Section 50 of the DNFBP Guidelines: (a) Copy of business registration or permit from the city or municipality currently having jurisdiction over the place of establishment and operation of the office; (b) List of operating office locations; (c) Proof of attendance of the proprietor, partners, directors and principal officers in an AML seminar; and (d) Most recent Clearance from the National Bureau of Investigation (NBI) or its equivalent in a foreign jurisdiction, of all directors and principal officers. The step-by-step registration procedure is laid down under Part 2 (Online Registration) of the 2021 AMLC Registration and Reporting Guidelines. Should you require assistance at any stage of the process, or for any registration-related query, you may contact the Registration Staff, Data Collection and Management Unit of the AMLC at Telephone Nos. (632) 87087067, (632) 53020- 3948, or (632) 5310-3244, or Cellphone Nos. 09157780720 and 09687727045. We hope we have been of assistance. Respectfully, FOI Decision Maker