STR 101: Paano Mag-file ng Tama (b)

One important obligation of covered persons under the Anti-Money Laundering Act is to file Suspicious Transaction Reports (STR). Submitting STR helps protect the country against money laundering, terrorism financing. Information collected from these reports help detect illegal activities as these reports are one of the primary sources of intelligence for financial crime surveillance and investigation.

Key areas of the discussion will be:

- What are suspicious circumstances

- What does it mean to file a high quality STR