http://filipinovoices.com/stating-the-not-so-obvious Powered By A Collective Voice Tue, 07 Feb 2012 20:47:48 +0000 hourly 1 http://wordpress.org/?v=3.0.3 http://filipinovoices.com/stating-the-not-so-obvious/comment-page-1#comment-2257 Lester Cavestany Thu, 19 Jun 2008 07:30:08 +0000 http://www.filipinovoices.com/?p=195#comment-2257 Hi Kutkut. I just hope that the non-trapos who are more open to greater transparency will continue to push for the reforms they believe in. Hi Kutkut. I just hope that the non-trapos who are more open to greater transparency will continue to push for the reforms they believe in.

]]> http://filipinovoices.com/stating-the-not-so-obvious/comment-page-1#comment-1479 kutkut Fri, 06 Jun 2008 09:00:36 +0000 http://www.filipinovoices.com/?p=195#comment-1479 I guess any anti-money laundering measure will always have convenient loop holes and very hard to correct. One sure way to hold it in check is to require everybody to declare what is given away to others like the car being used by junior, the condo unit being used by someone's pet teenager, In short people should declare other peoples' money that he spent or transferred to him (her). A neighbor could help thru unsolicited informations. Such info cannot be a basis for libel or any suit at all. I guess any anti-money laundering measure will always have convenient loop holes and very hard to correct. One sure way to hold it in check is to require everybody to declare what is given away to others like the car being used by junior, the condo unit being used by someone’s pet teenager, In short people should declare other peoples’ money that he spent or transferred to him (her). A neighbor could help thru unsolicited informations. Such info cannot be a basis for libel or any suit at all.

]]> http://filipinovoices.com/stating-the-not-so-obvious/comment-page-1#comment-1352 Lester Cavestany » Blog Archive » Money Laundering in the Philippines, World Environment Day and Adam Smith Quote Wed, 04 Jun 2008 16:01:35 +0000 http://www.filipinovoices.com/?p=195#comment-1352 [...] Newsmaker: Money Laundering in the Philippines Two news reports caught my eye this week: Newsbreak’s Palace, Congress on collision course with SC on money-launder case and ABS-CBN’s Anti-money laundering campaign nets billion-peso suspicious deposits. According to the Law Encyclopedia, money laundering is the process of taking the proceeds of criminal activity and making them appear legal. After reading the articles, I found out why we should be concerned about money laundering and “Bank Secrecy”. I posted my views here. [...] [...] Newsmaker: Money Laundering in the Philippines Two news reports caught my eye this week: Newsbreak’s Palace, Congress on collision course with SC on money-launder case and ABS-CBN’s Anti-money laundering campaign nets billion-peso suspicious deposits. According to the Law Encyclopedia, money laundering is the process of taking the proceeds of criminal activity and making them appear legal. After reading the articles, I found out why we should be concerned about money laundering and “Bank Secrecy”. I posted my views here. [...]

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