Understanding the Powers of the Anti-Money Laundering Council (AMLC)

The Anti-Money Laundering Council (AMLC) aiding in the probe of corruption allegations against Vice President Jejomar Binay is a powerful entity, headed by no less than the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, and the Insurance Commission. Warren de Guzman explains the mandate and the powers of the AMLC. -- ANC The World Tonight, May 13, 2015