Registration with the Anti-Money Laundering Council (AMLC) and Submission of Proof of Registration

2021 SEC NOTICE TO : All Newly Covered Financing Companies and Lending Companies under SEC Memorandum Circular No. 4, Series of 2021 SUBJECT : Registration with the Anti-Money Laundering Council (AMLC) and Submission of Proof of Registration As covered persons (CPs) supervised and regulated by the Securities and Exchange Commission (SEC), all Financing Companies and Lending Companies (FCs/LCs) are required to register with the Anti-Money Laundering Council (AMLC) through the AMLC Portal. Further, Compliance Officers are required to update their respective company's user account information in the AMLC Portal every two (2) years. Accordingly, notice is hereby given to all newly covered FCs/LCs to comply with the said AMLC registration and updating of information. Those who are not yet registered with the AMLC are given until 21 June 2021 to register and submit proof of such registration to the Anti-Money Laundering Division of the Enforcement and Investor Protection Department (AMLD-EIPD) of the Commission. The following procedures shall be followed: 1. The CPs shall register/update their registration with the AMLC. For more information on how to register, please refer to the step-by-step AMLC registration procedure at http://www.amlc.gov.ph/2015-12-09-07-34-10/amlc-registration. 2. The CPs shall submit a copy of the Certificate of Registration issued by the AMLC or the email confirmation from AMLC that the registration was approved as proof of registration. 3. In submitting such proof of registration, the CPs shall use the official email address filed with the Commission pursuant to SEC Memorandum Circular No. 28, Series of 2020. 4. The proof of registration shall be submitted via electronic mail to the following email address: [emailprotected] 5. The email should contain the following subject: Submission of Proof of AMLC Registration Company Name, Date of AMLC Registration (example: Submission of Proof of AMLC Registration XYZ Company, 31 May 2021). 6. There is no need to submit a hard copy of the proof of registration. Failure to register or update the AMLC registration is subject to applicable penalties as provided for under the 2018 AML/CFT Guidelines for SEC Covered Persons and/or the 2018 Implementing Rules and Regulations of the AMLA, as amended. For inquiries, please email the AMLD-EIPD at [emailprotected] . For strict compliance.