Published by Anti-Money Laundering Council(AMLCS) on Jan. 22, 2023.
Requested from AMLC by H. Pantaleon at 02:35 PM on
Jan. 22, 2023.
Purpose: This is a requirement for business bank account
Date of Coverage: 01/01/2023 - 01/22/2023
Tracking no: #AMLCS-436034825035
R.LABOR
Jan. 22, 2023, 2:35 p.m.
Application of AMLC for business purposes specifically in Jewelry Business.
F.OFFICER
Jan. 24, 2023, 4:36 p.m.
January 24, 2023
Dear Mr. Labor,
We refer to my letter of Jan 22, 2023 02:35:18 PM about your request under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Rolyn Jewelry and repair shop.
In order for us to work further on your request, we need more information from you regarding your query. In particular, it would be helpful to know the following:
1. What is the purpose for the AMLC Certificate of Registration (e.g. for opening of account, transacting funds, etc.)?
2. Are you transacting for personal reasons or on behalf of the business?
3. If on behalf of the business, are you the owner of this business? If no, what is your position/designation in the business, if applicable.
4. May we also request your AOI indicating the primary and secondary purpose, if applicable.
You may use the reply function on the eFOI portal at https://efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHwsSB0NvbnRlbnQiEkFNTENTLTQzNjAzNDgyNTAzNQw, for request with ticket number #AMLCS-436034825035, to respond.
During the period of us awaiting your reply, your request will be put on hold. If we do not receive a reply on or before Apr 18, 2023 08:35:02 AM, your request will be closed.
We hope to hear from you at the soonest possible time.
Thank you.
Respectfully,
FOI Receiving Officer
R.LABOR
Feb. 6, 2023, 10:42 a.m.
1. The purpose of this transaction is for my business bank account. The bank is requiring me to register for the AMLC.
2. This is on behalf of my business
3. Yes, I own a business.
F.OFFICER
Feb. 13, 2023, 3:17 p.m.
February 13, 2023
Dear Ronald,
Thank you for your request dated Jan 22, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Rolyn Jewelry and repair shop.
We received your request on Jan 22, 2023 and will respond on or before Feb 10, 2023 02:35:18 PM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://pcoomaster01232017150000-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHwsSB0NvbnRlbnQiEkFNTENTLTQzNjAzNDgyNTAzNQw, for request with ticket number #AMLCS-436034825035.
Thank you.
Respectfully,
FOI Receiving Officer
A.DECISION MAKER
Feb. 13, 2023, 3:28 p.m.
February 13, 2023
Dear Mr. Labor,
Greetings!
Thank you for your request dated Jan 22, 2023 02:35:18 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
The Provisional Certificate of Registration (PCOR) with the Anti-Money Laundering Council (AMLC) is required because jewelry dealers, dealers in precious metals, and dealers in precious stones are covered persons under Republic Act No. 9160, otherwise known as the Anti-Money Laundering Act of 2001, as amended (AMLA).
The AMLC 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 (DNFBP Guidelines):
(a) Most recent Articles of Incorporation and General Information Sheet from the Securities and Exchange Commission (SEC), Certificate of Registration from the Department of Trade and Industry (DTI); or proof of registration with the Cooperative Development Authority (CDA); Real Estate Brokers’ Certificate of Registration or License from the Professional Regulation Commission (PRC);
(b) Notarized Deeds of Undertaking of the entity, signed by the proprietor/partners/president/directors; and
(c) Notarized Certificate of Designation as Compliance Officer.
After registration, you will be provided a PCOR, which you can use or present to government agencies or other covered persons, when required, relative to your business.
However, it should be noted that the PCOR shall only be valid for a period of six (6) months, and a Certificate of Registration will be issued only upon the 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/president/directors 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 (ARRG).
Should you require assistance at any stage of the registration process, or for any registration-related inquiry, you may contact the Registration Staff, Data Collection and Management Unit, Compliance and Supervision Group of the AMLC, through Telephone Nos. (632)87087067 and (632)53103244, or Cellphone Nos.(63)9157780720 and (63)9687727045.
We hope we have been of assistance.
May we request you to fill-out our feedback form to enable the us to continuously improve their services: https://forms.office.com/pages/responsepage.aspx?id=b5DZDHVFMEWm-8r6KIAvF_bmwAET7W9KpjGjBkMmOf5UMFRaQzFFNlFOQlY1RVhOQVRFWjlCTktFRi4u
Respectfully,
FOI Decision Maker
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