Practice question
Explain the amended statutory reporting period under RA 10365 and why a manual reproducing only RA 9194's ten-working-day language may be misleading. Do not invent a particular AMLC extension.
Legal references
- RA 9160, Section 9(a)-(b), customer identification and recordkeeping: https://lawphil.net/statutes/repacts/ra2001/ra_9160_2001.html
- RA 10365, Sections 1 and 7, covered persons and reporting amendments: https://lawphil.net/statutes/repacts/ra2013/ra_10365_2013.html
- RA 10927, casino coverage and casino covered-transaction threshold: https://lawphil.net/statutes/repacts/ra2017/ra_10927_2017.html
- RA 11521, amended covered-person and covered-transaction provisions: https://lawphil.net/statutes/repacts/ra2021/ra_11521_2021.html
- RA 12312, Sections 8 and 17, Anti-POGO Act AMLA amendment: https://lawphil.net/statutes/repacts/ra2025/ra_12312_2025.html
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