Regulatory Alerts2024-03-26
M-2024-011: Collection of the Annual Supervision Fees for 2024
The Bangko Sentral Ng Pilipinas issued this memorandum to establish the computation and payment guidelines for the 2024 Annual Supervision Fees for Non-Stock Savings and Loans Associations and Trust Corporations. The document specifies that fees are calculated based on average assessable assets or assets under management, with specific rates and maximum caps defined for each institution type. The BSP will issue billing notices in April 2024, requiring payments through the New Order of Payment System and allowing institutions to submit exceptions within ten working days before the collection date.
Share