Regulatory Alerts2024-07-11
CL-2024-036: Publication/Posting of Balance Sheet (BS)
The Office of the Deputy Governor for Financial Supervision issued Circular Letter No. CL-2024-036 to all Trust Corporations. The directive mandates the publication and posting of the Balance Sheet for the Head Office and branches as of June 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.
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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 June 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 11 July 2024