The Marsh and Norman paper stresses that, to the extent the laws allow, we should reduce compliance costs for community banks, such as by simplifying capital rules for smaller banks and relying on market incentives, when feasible.
In addition, the AMLC signed MOAs on information exchange and capacity building with Philippine Amusement and Gaming Corporation, which regulates casinos; and with the Philippine National Police (PNP) – Directorate for Intelligence, which manages all intelligence and counterintelligence of the PNP and serves as the link of the PNP to all foreigners with official transactions with the chief of the PNP.