As part of I-Payment's continuing compliance to regulations set by the Bangko Sentral ng Pilipinas (BSP), Fitz Vanessa Lim (Project Management Office) and Jennie Lyn Reyes (Marketing Department) attended the Anti-Money Laundering Council (AMLC) Transaction Reporting Procedures training held last August 26 at the AMLC Secretariat, BSP Complex, Manila.
 
The Information Management and Analysis Group (IMAG) of the AMLC Secretariat facilitated the training. Participants included Compliance Officers and staff of institutions covered by R.A. 9160, as amended by R.A. 9194 or the Anti-Money Laundering Act of 2001 (AMLA). The training detailed the step-by-step procedures in reporting electronic covered transaction reports (CTRs) and suspicious transaction reports (STRs), as enumerated in AMLA's provisions and its succeeding amendments. These procedures will further strengthen I-Payment's Compliance and Standard Operating Procedures to detect and inhibit the use of its systems and programs in money laundering.