[ANALYSIS] Will P500,000 cash transaction limit per day curb money laundering?

According to a report by Rappler… While the latest BSP circular appears essentially good to discourage the use of cash for illicit activities and promote the integrity of the banking system, it is more negative than positive to our already flagging financial system complete report is on below link. Source: https://www.rappler.com/business/analysis-bangko-sentral-large-value-cash-transaction-limit-curb-money-laundering/