Duterte expands AMLA to include real estate developers and brokers
On January 29, 2021, President Rodrigo Duterte has signed Republic Act (RA) 11521 that intends to strengthen the country’s anti-money laundering act (AMLA). READ: Republic Act No. 11521 RA 11521, which takes effect on January 30, 2021, introduces amendments to RA 9160 or the Anti-Money Laundering Act of 2001 in efforts to prevent the country […]