Regulatory Alerts2024-07-11
CL-2024-037: Publication/Posting of Statement of Condition and/or Consolidated Statement of Condition
The Office of the Deputy Governor for Financial Supervision Sector issued Circular Letter CL-2024-037 requiring all Non-Bank Financial Institutions with quasi-banking functions and trust entities to publish their Statement of Condition alongside the Consolidated Statement of Condition as of 30 June 2024. Institutions must publish these statements in a newspaper of general circulation within twenty working days of the circular's date, or in Metro Manila if no local newspaper exists. Additionally, scanned PDF copies of the published statements and publisher certificates must be submitted to fssmail@bsp.gov.ph within twenty working days and within five working days after publication, respectively.
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