—Reginald Anton J. Puno, Partner—Mitchel Q. Tuazon, Associate On 30 January 2021, Republic Act (“RA”) No. 11521, which further amended RA No. 9160 or the Anti-Money Laundering Act of the Philippines (“AMLA”), took effect. These amendments to the AMLA were essentially a response to calls from the international watchdog, Financial Action Task Force (“FATF”), to