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Philippine Bar review · Question

Practice question: Prohibited Acts

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Practice question

An AFASA inquiry recipient is neither a bank employee nor a public official. The recipient proposes to sell the acquired financial-account data for an unrelated private purpose. Explain the reach and limits of Section15, assuming no existing law permits that disclosure.

Legal references

  • RA12010 AFASA: https://lawphil.net/statutes/repacts/ra2024/ra_12010_2024.html Sections12,14–15.

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