Regulatory Alerts2025-02-10
Publication and Submission of Statement of Condition and Balance Sheet for Non-Bank Financial Institutions
The Office of the Deputy Governor for Financial Supervision Sector issued Circular Letter CL-2025-007 requiring Non-Bank Financial Institutions with Quasi-Banking functions and Trust Corporations to publish their Statement of Condition or Balance Sheet as of 31 December 2024. Institutions must display these financial statements in a newspaper of general circulation within twenty working days of the circular's issuance. Furthermore, scanned PDF copies of the published documents along with the publisher's certificate must be submitted via email to designated addresses within five working days following publication.
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