|
|
|
|
|
|
|
|
|
|
 |
FOREIGN EXCHANGE |
|
|
| As of May-24-2013 |
| CURRENCY |
BUY |
SELL |
| US Dollar |
41.3000 |
41.8500 |
| Japanese Yen |
0.3859 |
0.4177 |
| Euro |
51.4900 |
55.2200 |
| Hong Kong Dollar |
5.1200 |
5.4200 |
| Bahrain Dinar |
104.3700 |
111.7100 |
| More |
|
|
|
|
T - BILLS |
|
|
|
Treasury Bills
Auction Date: 6 May 2013
|
|
91-DAY
|
182-DAY
|
364-DAY
|
|
High
|
0.500%
|
0.500%
|
0.750%
|
| Low |
|
0.200%
|
|
| Average |
0.217%
|
0.398%
|
0.602%
|
|
Ave. Inc.(+)/Dec. (-) over the past week
|
0.177% |
0.182%
|
0.295%
|
|
|
|
|
|
|
|
|
|
| MONEY LAUNDERING AND TERRORIST FINANCING PREVENTION PROGRAM (MLPP) < CORPORATE PROFILE |
|
|
|
|
PRIVATE AND CONFIDENTIAL. This report is confidential and proprietary to Allied Banking Corporation and no part of this material should be reproduced, published in any form by any means, electronic or mechanical including photocopy or any information storage or retrieval system nor should the material be disclosed to third parties without the express written authorization of Allied Banking Corporation, Compliance Division.
|
|
TABLE OF CONTENTS
|
Introduction
|
|
|
The Money Laundering and Terrorist Financing Prevention Program (MLPP)
|
|
|
The Customer Identification Process and Customer Policy
|
|
|
Customer Identification
|
|
|
New Individual Customers
|
|
|
New Corporate and Juridical Entities
|
|
|
Reduced Due Diligence
|
|
|
Enhanced due Diligence
|
|
|
Minimum Validation Procedures
|
|
|
Face-to-face Contact
|
|
|
Record Keeping and Retention
|
|
|
Covered Transactions Reporting
|
|
|
Deposit Transactions
|
|
|
Other Transactions
|
|
|
Deferred Reporting of Certain Covered Transactions
|
|
|
Suspicious Transactions Reporting
|
|
|
Electronic Monitoring Systems for Money Laundering
|
|
|
Anti-Money Laundering and Countering of Financing Training Program
|
|
|
Training Methods
|
|
|
Evaluation
|
|
|
Screening and Recruitment Process of Personnel
|
|
|
Recruitment Process
|
|
|
Background Checking and Employment Reference Check
|
|
|
Final Approval of the Management
|
|
|
Hiring and Placement
|
|
|
Internal Audit System
|
|
|
Audit Objective
|
|
|
Audit Scope
|
|
|
Assessment on Risk Exposures
|
|
|
Audit Procedures
|
|
|
Monitoring of all Deficiencies Noted During Audit and/or BSP Regular or Special Examinations
|
|
|
Internal Audit Examination Report
|
|
|
Audit Report and Tracking System (ARTS)
|
|
|
BSP Regular and/or Special Examination
|
|
|
SGV & Co. Management Letter
|
|
|
Cooperation with AMLC
|
|
|
Designation of an Anti-Money Laundering Officer
|
|
^Back to top
|
|
ANTI-MONEY LAUNDERING (AML)
AND
KNOW YOUR CUSTOMER (KYC)
QUESTIONNAIRE |
|
A. CUSTOMER BASIC INFORMATION
|
|
1. Full legal name
|
ALLIED BANKING CORPORATION
|
|
2. Type of business
|
Expanded Commercial Banking
|
|
3. Business address
|
Allied Bank Center 6754 Ayala ave., cor. Legaspi Sts., Makati City, Philippines 0716
|
|
4. Number of branches
|
288 nationwide and 2 foreign branches (Guam, Bahrain)
|
|
5. Name of regulatory body in your country which supervises your institution
|
BANGKO SENTRAL NG PILIPINAS (BSP)
|
|
6. Name/s of senior management
|
|
|
7. Is your institution listed in a stock exchange? If so, please indicate the name of the stock exchange
|
PHILIPPINE STOCK EXCHANGE
(Preferred Shares Only)
|
^Back to top
|
B. PREVENTION OF MONEY LAUNDERING QUESTIONNAIRE
|
|
External/Country Regulations
|
YES/NO
|
|
8. Is money laundering a criminal offense in your country in which your institution is located?
|
YES
|
|
9. Are there specific laws and/or regulations on Anti-Money Laundering (AML) in your country?
|
YES
|
|
10. Do the above regulations require your institution to report covered (amount of transaction in excess of an established limit) and /or any suspicious transaction to a law enforcement or intelligence agency designed for that purpose?
|
|
|
11. Do the laws and regulations in your country prohibit
|
|
|
a. The opening or maintenance of anonymous accounts or accounts with fictitious names.
|
YES
|
|
b. Conducting business with shell banks or institutions (banks/institutions with no physical presence in any jurisdiction).
|
YES
|
|
12. Do the laws and regulations require checking of customers for possible terrorist connections?
|
YES
|
|
13. Do the laws and regulations of your country where your institution is located provide for the forfeiture of monetary instruments or properties of a person who has been convicted of money laundering offense?
|
YES
|
|
14. Do the laws and regulations of your country where your institution is located allow the disclosure or inquiry into deposits or investments with any banking or non-bank financial institution when it has been established that there is probable cause that the deposits or investments involved are in any way related to a money laundering offense?
|
YES
|
| Internal Institution Regulation |
YES/NO
|
|
15. Is there a treaty between the Philippines and the country where your institution is located relating to the provision of mutual assistance in relation to money laundering offenses?
|
YES
|
|
16. Which regulatory body oversees Anti-Money Laundering laws and regulations in your country? Please indicate. ANTI-MONEY LAUNDERING COUNCIL
|
|
|
17. Does your institution have written policies and procedures to prevent and detect money laundering and terrorist financing?
|
YES
|
|
18. Does your institution have written policies and procedures regarding customer due diligence/KYC to ensure that reasonable measures are taken to obtain information about the true identity of customers and legitimacy of activities and sources of funds?
|
YES
|
|
19. Does your institution require the customer’s identifying information to be documented and maintained for a period of time? If yes, please indicate retention period. UNTIL THE ACCOUNT IS ACTIVE AND 5YRS. AFTER THE ACCOUNT IS CLOSED.
|
YES
|
|
20. Does your institution have written procedures for identifying and reporting suspicious transactions?
|
YES
|
|
21. Does your institution maintain any anonymous or numbered accounts? If yes, please explain.
|
NO
|
|
22. Does your institution have any correspondent relationships with shell banks/institutions? If yes, please explain.
|
NO
|
|
23. Does your institution allow direct use of the correspondent account by third party (e.g., payable-through account)? If yes, please explain.
|
NO
|
|
24. Does your institution have an established training program to teach employees about KYC and AML policies and practices? If yes, please indicate frequency.
NEW HIRES TRAINING WITHIN 6 MONTHS AND FOR EXISTING EMPLOYEES EVERY 12-18 MONTHS.
|
YES
|
|
25. Is your customer due diligence/KYC and AML process periodically reviewed by an independent party?
|
YES
|
|
26. Are your foreign branches and subsidiaries also subject to AML laws of their host countries and fully compliant with it?
|
YES
|
|
27. Have you appointed a person to oversee Anti-Money Laundering Arrangements?
If yes, please give name, title, telephone numbers and e-mail address, if any
MARIANITO B. AMBAT, COMPLIANCE HEAD/VICE PRESIDENT
Email: mbambat@alliedbank.com.ph
MILANI T. MAMALAYAN, AML-COMPLIANCE OFFICER
Email: mamalayanmt@alliedbank.com.ph
|
YES
|
|
28. Has your institution been fined or censured for a breach of Anti-Money Laundering legislation? If yes, please give details.
|
NO
|
|
|
.jpg)
PRINCIPAL OFFICERS OF THE BANK
As of April, 2011 |
|
|
|
|
Chua, Domingo T. -
|
Chairman
|
|
Co, Willy S. -
|
Vice Chairman
|
|
Chua, Anthony Q. -
|
President
|
|
Pesayco, Ma. Cecilia L. -
|
Corporate Secretary
|
|
Lorenzo, Danilo N. -
|
Treasurer
|
|
Note: For complete identification/information on the personal data of the Names listed above please access the website address http://www.pse.com.ph and use “abc” for bank symbol.
|
^Back to top
|
|
|
|
