The Terrorism Financing Prevention and Suppression Act of 2012, Republic Act No. 10168 (Philippines)

The Republic Act criminalizes the financing of terrorism and related offenses. The Republic Act enunciates the State's policy to adhere to its international commitment in combating the financing of terrorism as embodied in the International Convention for the Suppression of the Financing of Terrorism, and the United Nations Security Council's binding resolutions on terrorism. The Republic Act defines and penalizes the crimes of Financing of Terrorism. Should an offense under the Republic Act be committed by a juridical person, the penalty shall be imposed upon the responsible officers. The Anti-Money Laundering Council (AMLC) is given the authority to investigate the financing of terrorism. In doing so, the AMLC may further issue a freeze order without notice and hearing if it is found that property or funds are related to the financing of terrorism.