Regulatory Alerts2024-10-18
CL-2024-043: Publication/Posting of Balance Sheet (BS)
The Office of the Deputy Governor for Financial Supervision issued Circular Letter No. CL-2024-043 to all Trust Corporations. The directive mandates the publication and posting of the Balance Sheet for the Head Office and all branches as of September 30, 2024. This requirement is enforced pursuant to Section 61 of Republic Act No. 8791 and Section 183-T of the Manual of Regulations for Non-Bank Financial Institutions.
Classification: GENERAL Page
OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2024-____ To : All Trust Corporations Subject : Publication/Posting of Balance Sheet (BS) Pursuant to Section 61 of Republic Act No. 8791, a call is hereby made for the publication by your institution of its Balance Sheet (Head Office, branches/other offices), as of 30 September 2024, in accordance with Section 183- T of the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI) and Memorandum No. M-2017-027 dated 11 September 2017.
CHUCHI G. FONACIER Deputy Governor __October 2024 18