Anti-Money Laundering Council (AMLC) Resolution No. 15 dated 28 February 2005

March 10, 2005 BSP CIRCULAR LETTER TO : All Banks and Non-Bank Financial Institutions Under BSP Supervision SUBJECT : Anti-Money Laundering Council (AMLC) Resolution No. 15 dated 28 February 2005 Pursuant to AMLC Resolution No. 15 dated 28 February 2005 (copy attached), you are hereby directed to check carefully for the assets of Sulayman Khalid Darwish , an individual associated with Al-Qaida/Usama Bin Laden/Taliban, and to freeze the same should any be found. Darwish is a member of the Advisory (Shura) Council of the Zarqawi organization, known by several names, including Jama'at at Tawhid wal Jihad and Tanzim Qa'idat al-Jihad fi Bilad al-Rafidayn. He is also responsible for recruiting and dispatching terrorists for Zarqawi's operations in Jordan and Iraq and has served as an instructor in document forgery to the Asbat al-Ansar terrorist group. In accordance with Sections 7 and 9 of the Anti-Money Laundering Act, you are hereby directed to submit directly to the AMLC reports of covered or suspicious transactions, if any, involving Sulayman Khalid Darwish. CAHTIS For your guidance and strict implementation. (SGD.) NESTOR A. ESPENILLA, JR. Sector-in-Charge RESOLUTION NO. 15, Series of 2005 This refers to the letter dated 27 January 2005 of the Government of the United States of America, through its Embassy in Manila, requesting the Philippines to check carefully for the assets of Sulayman Khalid Darwish, an individual associated with Al Qaida/Usama Bin Laden/Taliban, and to freeze the same should any be found. Information available to the U.S. Government indicates that Sulayman Khalid Darwish (Darwish) acts for or on behalf of Abu Mus'ab al-Zarqawi (Zarqawi) in addition to providing financial and material support to Zarqawi in Iraq. Darwish also provided financial and material support to Asbat Al-Ansar. Both Zarqawi and Asbat Al-Ansar have been designated by the US Government pursuant to Executive Order 13224 and by the UN 1267 Committee. Darwish is a member of the Advisory (Shura) Council of the Zarqawi organization, known by several names, including Jama'at at Tawhid wal Jihad and Tanzim Qa'idat al-Jihad fi Bilad al-Rafidayn. Darwish handles mostly financial issues for Zarqawi. He has collected and distributed funds on Zarqawi's behalf, and has sent tens of thousands of dollars to Zarqawi in Iraq on a regular basis. Darwish is also responsible for recruiting and dispatching terrorists for Zarqawi's operations in Jordan and Iraq. Using the expertise gained from his training in Afghanistan, Iran, Turkey and Lebanon, Darwish, under orders from Zarqawi, has served as an instructor in document forgery to the Asbat al-Ansar terrorist group. On 25 January 2005, the US Government requested UN 1267 Sanctions Committee to add the name of Darwish to the consolidated list of entities/individuals subject to sanctions that UN member states are required to implement pursuant to UNSC Resolutions 1267 and 1526. The provisions of the United Nations Security Council Resolution (UNSCR) 1373 require UN member states to freeze terrorist assets without delay and to prohibit their nationals or persons in their territories from financing terrorism. 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 to require the Supervising Authorities, the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, and the Insurance Commission to circularize among all covered institutions under their respective jurisdictions, copy of this Resolution and to direct the covered institutions to submit directly to the Council reports of covered or suspicious transactions, if any, involving Sulayman Khalid Darwish in accordance with Sections 7 and 9 of the AMLA, as amended and Rule 9.3 of the Revised Implementing Rules and Regulations and other related or applicable rules, regulations, circulars and operating manuals promulgated by the Supervising Authorities. 28 February 2005, Manila, Philippines. (SGD.) RAFAEL B. BUENAVENTURA Chairman (Governor, Bangko Sentral ng Pilipinas) (SGD.) FE B. BARIN Member (Chairman, Securities and Exchange Commission) (SGD.) BENJAMIN S. SANTOS Member (Commissioner, Insurance Commission)