Regulatory Alerts2025-10-20
M-2025-034: Cancelled and Replaced Bangko Sentral Registration Documents (BSRDs)
The Bangko Sentral ng Pilipinas issued this memorandum to inform Authorized Agent Banks and their subsidiaries that the list of cancelled and replaced Bangko Sentral Registration Documents has been updated for the second quarter of 2025. These documents, originally issued between April 2020 and December 2022 due to investment changes, are no longer valid for processing foreign exchange transactions. Banks are instructed not to honor these specific BSRDs for capital repatriation or earnings remittances in accordance with Section 38 of the Foreign Exchange Manual.
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