THE Anti-Money Laundering Council (AMLC) is pushing for amendments to the Philippines’ anti-money laundering and human security laws to raise the country’s compliance to international standards.

In a statement on Tuesday, the Bangko Sentral ng Pilipinas (BSP) said the AMLC made the push after deficiencies were found in the country’s technical compliance with international anti-money laundering and counter-terrorism financing standards, and in the effectiveness of its existing mechanisms.

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