CALOOCAN CITY, (PIA) -- Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno formally opened the Anti-Money Laundering Council (AMLC) Satellite Office at the New Mint Plant Building, BSP Security Plant Complex in Quezon City recently.

Diokno said, apart from its close proximity to law enforcement and intelligence agencies for easier coordination, the satellite office will accommodate the AMLC's additional personnel.

Diokno added, the move is a step toward accomplishing the Philippines' International Co-operation Review Group Action Plan items, particularly, on increasing the AMLC's "human resources to ensure that it maintains effective operational analysis capacities and facilitates timely access by law enforcement agencies."

“Addressing all action plan items would ultimately result in the country’s exit from the list of jurisdictions under increased monitoring or the grey list,” the BSP Governor said. (BSP/PIA-NCR)