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Lacson wants more power for AMLC
The Freeman
|November 28, 2025
Amid the ongoing flood control scandal, Senate President Pro Tempore Panfilo Lacson is pushing for a bill that grants more power to the Anti-Money Laundering Council (AMLC).
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Lacson filed Senate Bill 1557, which would give the AMLC expanded powers, broadening the scope of people they could cover and updating the list of offenses under money laundering.
The veteran lawmaker said that such a measure was important to ensure that the Philippines would no longer be on the Financial Action Task Force's (FATF) greylist. Being on the greylist means that a country needs increased monitoring in terms of money laundering, terrorist financing, and the proliferation of weapons of mass destruction.
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