Regulatory Alerts2024-07-16
Lost Bangko Sentral Registration Documents (BSRDs)
The Bangko Sentral ng Pilipinas has declared the loss of Bangko Sentral Registration Document No. A009779-DE/S covering TPG Holdings Pty Limited’s foreign direct investment in Orchid Cybertech Services Incorporated. Authorized agent banks and foreign exchange corporations must immediately refuse to honor the document for any foreign exchange transactions, capital repatriation, or earnings remittances if it is subsequently found. This directive enforces Section 38 of the Manual of Regulations on Foreign Exchange Transactions while a replacement registration is processed.
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