Practice question
A covered remittance provider identifies a P100,000 transfer as related to acts violating the Anti-POGO Act after that Act took effect. The provider argues the small amount and absence of a prior conviction make suspicious reporting impossible. The facts establish the prohibited-activity link. Which is correct?
- Every POGO-related transfer is automatically lawful if below P500,000
- RA 12312 makes its violations unlawful activity, and suspicious classification is not barred by the small amount or lack of prior conviction
- Only transactions above P7.5 million can be suspicious
- The provider may disregard current law if the client once had a license
- A conviction must always precede any report
Legal references
- RA 11521 Section 2: https://lawphil.net/statutes/repacts/ra2021/ra_11521_2021.html
- RA 12312 Sections 4,8 and17: https://lawphil.net/statutes/repacts/ra2025/ra_12312_2025.html
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