BSP Circular Letter

December 8, 2003 BSP CIRCULAR LETTER TO : All Banks and Non-Bank Financial Institutions Attached is Resolution No. 297 dated 25 November 2003 issued by the Anti-Money Laundering Council relative to the request of the Government of the United States to freeze the assets of the following individuals and organizations: Individuals 1. BELMOKHTAR, MOKHTAR 2. EL HADI, MUSTAPHA MASRI AIT 3. LOUNICI, DJAMEL Organizations 1. AL-BAKOUN ALA AL-AHD ORGANIZATION (a.k.a. FAITHFUL TO THE OATH) 2. DHAMAT HOUMET DAAWA SALAFIA a.k.a. DJAMAAT HOUMAT EDDAWA ESSALAFIA; a.k.a. DJAMAAT HOUMAT ED DAAWA ES SALAFIA; a.k.a. DJAMAATT HOUMAT ED DAAWA ES SALAFIA; a.k.a. EL-AHOUAL BATTALION; a.k.a. GROUP PROTECTORS OF SALAFIST PREACHING; a.k.a. GROUP OF SUPPORTERS OF THE SALAFIST TREND; a.k.a. GROUP OF SUPPORTERS OF THE SALAFISTE TREND; a.k.a. THE HORROR SQUADRON; a.k.a. HOUMAT ED DAAWA ES SALIFIYA; a.k.a. HOUMAT ED-DAAOUA ES-SALAFIA; a.k.a. HOUMATE ED-DAAWA ES SALAFIA; a.k.a. HOUMATE EL DA'AWAA ES-SALAFIYYA; a.k.a. KATIBAT EL AHOUAL; a.k.a. KATIBAT EL AHOUEL; a.k.a. PROTECTORS OF THE SALAFIST CALL; a.k.a. PROTECTORS OF THE SALAFIST PREDICATION; a.k.a. SALAFIST CALL PROTECTORS. For your guidance and strict compliance. TcSaHC (SGD.) ALBERTO V. REYES Deputy Governor RESOLUTION NO. 297 On November 5, 2003, the Government of the United States, through its Embassy in Manila sent a letter of even date addressed to the Executive Director, Anti-Money Laundering Council (AMLC), relative to the request to freeze the assets of the following individuals and organizations: Individuals: 1. BELMOKHTAR, Mokhtar; 2. EL HADI, Mustapha Nasri Ail; and 3. LOUNICI, Djamel. Organizations: 1. AL-BAKOUN ALA AL-AHD ORGANIZATION (a.k.a. FAITHFUL TO THE OATH); and 2. DHAMAT HOUMET DAAWA SALAFIA - a.k.a. DJAMAAT HOUMAT EDDAWA ESSALAFIA; a.k.a. DJAMAAT HOUMAT ED DAAWA ES SALAFIA; a.k.a. DJAMAATT HOUMAT ED DAAWA ES SALAFIYA; a.k.a. EL-AHOUAL BATTALION; a.k.a. GROUP PROTECTORS OF SALAFIST PREACHING; a.k.a. GROUP OF SUPPORTERS OF THE SALAFIST TREND; a.k.a. GROUP OF SUPPORTERS OF THE SALAFISTE TREND a.k.a. THE HORROR SQUADRON; a.k.a. HOUMAT ED DAAWA ES SALIFIYA; a.k.a. HOUMAT ED-DAAOUA ES-SALAFIA; a.k.a. HOUMATE ED-DAAWA ES-SALAFIA; a.k.a. HOUMATE EL DA'AWAA ES-SALAFIYYA; a.k.a. KATIBAT EL AHOUAL; a.k.a. KATIBAT EL AHOUEL; a.k.a. PROTECTORS OF THE SALAFIST CALL; a.k.a. PROTECTORS OF THE SALAFIST PREDICATION; a.k.a. SALAFIST CALL PROTECTORS); On October 10, a UN Member State submitted the names of three (3) individuals and two (2) other organizations to the UN 1267 Sanctions Committee, for inclusion in the Committee's consolidated list, maintained pursuant to UNSCRs 1267/1390 and 1455. However, because these names merit action as soon as possible, the US added these five names on October 24 to the US asset freeze list. As a charter member of the United Nations and as part of the international coalition against terrorism, the Philippines, through the Anti-Money Laundering Council, must actively support the actions required under the subject UNSC Resolutions. Pursuant thereto, the Council unanimously resolves, as follows: (1) To provide the Supervising Authorities, the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, and the Insurance Commission, with a copy of the November 5, 2003 letter from the United States; (2) To request the Supervising Authorities to circularize among all covered institutions under their respective jurisdictions, a copy of the subject November 5, 2003 letter from the United States; and (3) To require said Supervising Authorities to direct the covered institutions under their respective jurisdictions to submit directly to the Council reports of covered and suspicious transactions, if any, involving the aforenamed terrorist individuals/entities in accordance with Sections 7 and 9 of the AMLA, Rules 5.2, 5.3, and 9.3 of the IRRs of the AMLA and other related or applicable rules, regulations, circulars and operating manuals promulgated by the Supervising Authorities. November 25, 2003, Manila, Philippines. (SGD.) RAFAEL B. BUENAVENTURA Chairman (Governor, Bangko Sentral ng Pilipinas) (SGD.) LILIA R. BAUTISTA (SGD.) EDUARDO T. MALINIS Member Member (Chairperson, Securities and Exchange Commission) (Officer-in-Charge,Insurance Commission) November 5, 2003 Atty. Vicente Aquino Executive Director Anti-Money Laundering Council Room 507, EDPC Building BSP Complex, Roxas Blvd. Dear Attorney Aquino: The United States appreciates your government's efforts in support of the war on terrorism. More specifically, we would appreciate the cooperation of the Government of the Philippines in moving to freeze the assets of the individuals and organizations as set out in the attached list. On October 10, a UN Member State submitted the names of three individuals and two other organizations to the UN 1267 Sanctions Committee, for inclusion in the Committee's consolidated list, maintained pursuant to UNSCRs 1267/1390/ and 1455. The 1267 Committee is reviewing the five names and we expect positive action soon. We hope that your government will freeze the assets of these individuals and entities as soon as possible, even in advance of final inclusion on the UN 1267 Committee list if possible. At a minimum, though, we urge you to act against these names when the UN acts. We urge you to check carefully for any funds, financial assets, or economic resources, including offices belonging to or related to, these entities and individuals and their aliases in your country. We also hope that you will share with us any actions taken to prohibit providing any form of assistance to them or blocking of assets that you undertake. In addition, we would welcome any information your government would like to share with us regarding the activities of this individual. We appreciate the close cooperation between our governments in this effort and your willingness to forego any public announcement or discussions of this action until it is announced in the United Nations. Sincerely, (Sgd.) Morton Holbrook Economic Counselor List of Names and Talking Points List of Names AL-BAKOUN ALA AL-AHD ORGANIZATION (a.k.a. FAITHFUL TO THE OATH), Algeria BELMOKHTAR, Mokhtar; DOB 1 Jun 1972; POB Ghardaia, Algeria (individual) DHAMAT HOUMET DAAWA SALAFIA (a.k.a. DJAMAAT HOUMAT EDDAWA ESSALAFIA; a.k.a. DJAMAAT HOUMAT ED DAAWA ES SALAFIYA; a.k.a. DJAMAATT HOUMAT ED DAAWA ES SALAFIYA; a.k.a. EL-AHOUAL BATTALION; a.k.a. GROUP PROTECTORS OF SALAFIST PREACHING; a.k.a. GROUP OF SUPPORTERS OF THE SALAFIST TREND; a.k.a. GROUP OF SUPPORTERS OF THE SALAFISTE TREND; a.k.a. THE HORROR SQUADRON; a.k.a. HOUMAT ED DAAWA ES SALIFIYA; a.k.a. HOUMAT ED-DAAOUA ES-SALAFIA; a.k.a. HOUMATE ED-DAAWA ESSALAFIA; a.k.a. HOUMATE EL DA'AWAA ES-SALAFIYYA; a.k.a. KATIBAT EL AHOUAL; a.k.a. KATIBAT EL AHOUEL; a.k.a. PROTECTORS OF THE SALAFIST CALL; a.k.a. PROTECTORS OF THE SALAFIST PREDICATION; a.k.a. SALAFIST CALL PROTECTORS), Algeria EL HADI, Mustapha Nasri Ait; DOB: 5 Mar 1962; POB Tunis, Tunisia (individual) LOUNICI, Djamel; DOB 1 Feb. 1962; POB Algiers, Algeria (individual) Talking Points On October 10 a UN Member State submitted the names of three individuals: Mokhtar Belmokhtar, Mustapha Nasri Ait el Hadi, and Djamel Lounici; and two organizations: Al-Bakoun Ala Al-Ahd Organization, and Dhamat Houmet Daawa Salafia to the UN 1267 Sanctions Committee, for inclusion in the Committee's consolidated list, maintained pursuant to UNSCRs 1267, 1390, and 1455. Persons and entities on the list are subject to sanctions (travel ban, arms embargo, and asset freeze), which all UN Member States are obligated to implement in accordance with the UNSCRs. The United States supports adding the names to the Committee list. The 1267 Committee is reviewing the five names and we expect positive Committee action soon. Because these names merit action as soon as possible, the U.S. added these five names on October 24 to the U.S. asset-freeze list. We hope that your government will freeze the assets of these individuals and entities as soon as possible, even in advance of final inclusion on the UN 1267 Committee list if possible. At a minimum though, we urge you to act against these names when the UN acts. We urge you to check carefully for any funds, financial assets or economic resources, including offices belonging to, or related to, these entities and individuals and their aliases in your country. We hope that you will share with us any actions or freezing of assets that you undertake. In addition, we would welcome any information that you would like to share with us regarding the activities of these entities and individuals in our country. We appreciate the close cooperation between our governments in this effort and your willingness to forego any public announcement or discussions of this action until after it is announced in the United Nations.