4 ms·
KYC laws are not strictly followed in the Philippines, in fact people accused of laundering the money in the Philippines have routinely cited bank secrecy laws
by nols 10y ago
KYC laws are not strictly followed in the Philippines, in fact people accused of laundering the money in the Philippines have routinely cited bank secrecy laws when questioned.
- pakled_engineer 10y agoEven if they are followed these are likely organized international criminals and KYC is just a speed bump for them to cruise over with stolen identities.