The Anti-Money Laundering Council (“AMLC”) considers certain law firms, including Castillo Laman Tan Pantaleon & San Jose Law Firm (“CLTPSJ”), as “Covered Persons” under Republic Act No. 9160 (the Anti-Money Laundering Act, as amended or “AMLA”) and its Implementing Rules and Regulations. CLTPSJ has dutifully registered with the AMLC as such. As a “Covered Person,” CLTPSJ is required to report “Covered” and “Suspicious” transactions as defined by the AMLA.

Under Section 12 of the Code of Professional Responsibility and Accountability, in reporting said transactions to the AMLC, “the lawyer shall not be deemed to have violated the lawyer’s duty of confidentiality.”

CLTPSJ shall always comply with its valid legal obligations as attached to the practice of law in the Philippines.