October 6, 2004
HON. FE B. BARIN
Chairperson
Securities and Exchange Commission
Mandaluyong City
Dear Madam :
Please be informed that the Anti-Money Laundering Council, in its Resolution No. 419, dated 5 October 2004, decided as follows:
1. To require the Supervising Authorities to circularize among all covered institutions under their respective jurisdictions, copy of the said Resolution; and
2. To direct the covered institutions to submit to the AMLC reports of covered and suspicious transactions, if any, involving the subject of the said Resolution.
In this connection, may we request the SEC to circularize the attached AMLC Resolution.
Thank you.
Very truly yours,
(SGD.) RICHARD D.C. FUNK II
Officer-in-Charge
AMLC RESOLUTION NO. 419-04
The Al-Haramain Islamic Foundation (AHF) represents itself as a private, charitable and educational organization dedicated to promoting Islamic teaching throughout the world. The Saudi Arabia based Al-Haramain Islamic Foundation (AHF) branch offices in Indonesia, Kenya, Tanzania and Pakistan had already been subject of Resolution No. 344 dated 22 March 2004 by the Anti-Money Laundering Council (AMLC). aEAcHI
On 20 September 2004, the Government of the United States, through its Embassy in Manila, sent a letter...
