• There is a limitation in the increase of rent in a residential unit

• Rent is the amount paid for the use or occupancy of residential unit

• Subleasing must be with the written consent of the owner or lessor

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• Banks, quasi-banks, their subsidiaries and affiliates, life insurance companies, credit card companies and other entities that provide credit facilities are required to submit basic credit data and updates thereon on a regular basis to the Credit Information

• Participating submitting entities are required to submit to the Corporation any negative and positive credit information that tends to update and/or correct the credit status of borrowers.

• Special accessing entities are prohibited from releasing basic credit data received from the Corporation or credit reports and credit ratings derived from the basic credit data received from the Corporation, to non-accessing entities.

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• All deposits of whatever nature with banks or banking institution are considered as of an absolutely confidential nature.
  

• Deposits of whatever nature with banks or banking institution may not be examined, inquired or looked into by any person.
  

• However, a bank deposit may be examined or disclosed by an official or employee of any banking institution if there is a written permission of the depositor, in cases of impeachment, upon order of a competent court in cases of bribery or dereliction of duty of public officials, or in cases where the money deposited or invested is the subject matter of the litigation.

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• Anti-Money Laundering Council institutes civil forfeiture proceedings and all other remedial proceedings through the Office of the Solicitor General.

• Anti-Money Laundering Council requires and receives covered transaction reports from covered institutions.

• Anti-Money Laundering Council causes the filing of complaints with the Department of Justice or the Ombudsman for the prosecution of money laundering offenses.

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