Practice question
Besides conversion and transfer, which conduct concerning known unlawful proceeds is expressly included in AMLA Section4(b)?
- Possessing or using the monetary instrument or property
- Only printing a deposit slip
- Only receiving a bank license
- Only obtaining a criminal conviction first
- Only declaring an asset in a public registry
Legal references
- RA10365 Sections4–5 amending AMLA Sections4 and6: https://lawphil.net/statutes/repacts/ra2013/ra_10365_2013.html AMLA Section4(b),(c),(f) and final paragraph.
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