August 18, 2010
BSP CIRCULAR LETTER NO. CL-2010-053
| TO | : | All Banks and Non-Bank Financial Institutions Under BSP Supervision |
| SUBJECT | : | Anti-Money Laundering Council (AMLC) Resolution No. 70 dated 03 August 2010 |
Pursuant to Anti-Money Laundering Council Resolution No. 70 dated 03 August 2010 (copy attached), you are hereby advised to be wary or cautious in dealing with a person purporting to be ERNESTO R. SANTOS, LEO S. REYES, and/or ROLANDO S. SANTOS. Copies of the photographs and identification cards used by this person in opening deposit accounts with banks are likewise attached.
You are further urged to take extra due diligence in verifying prospective clients' identification documents in the light of the proliferation of fake IDs such as the one used by the aforesaid person.
For your guidance and strict implementation.
(SGD.) NESTOR A. ESPENILLA, JR.
Deputy Governor
ATTACHMENT
Anti-Money Laundering Council Resolution No. 070-10
