Regulatory Alerts2026-01-30
M-2026-004: Cancelled and Replaced Banko Sentral Registration Documents (BSRDs)
Bangko Sentral ng Pilipinas issued Memorandum No. M-2026-004 to update the list of cancelled and replaced Banko Sentral Registration Documents (BSRDs) for the period from April 2020 to December 2022. The directive requires Authorized Agent Banks and their subsidiaries to cease honoring these specific documents for foreign exchange purchases related to capital repatriation or earnings remittance. This compliance measure is mandated under Section 38 of the Manual of Regulations on Foreign Exchange Transactions to reflect changes or transfers in non-resident investments.
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