CL-2024-007: Publication/Posting of Statement of Condition and/or Consolidated Statement of Condition

Classification: GENERAL Page

OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2024-__ To : All Non-Bank Financial Institutions with Quasi-Banking Functions and/or Trust Authority Subject : Publication/Posting of Statement of Condition and/or Consolidated Statement of Condition Pursuant to Section 61 of Republic Act No. 8791, a call is hereby made for the publication by your institution of its Statement of Condition (Head Office, branches and other offices) side-by-side with its Consolidated Statement of Condition (parent institution and its subsidiaries and affiliates), if applicable, as of 31 December 2023, in accordance with Section 172-Q of the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI) for quasi-banks and Section 144-N of MORNBFI for trust entities. Such Statement of Condition and/or Consolidated Statement of Condition, where applicable, shall be published in a newspaper of general circulation in the city/province where the principal office is located, but if no newspaper is published in the same city/province, then in a newspaper published in Metro Manila or in the nearest city/province within twenty (20) working days from the date of this Circular Letter. The original and a copy of the Statement of Condition and/or Consolidated Statement of Condition, where applicable, shall be scanned and submitted in pdf format within twenty (20) working days from the date of this Circular Letter at fssmail@bsp.gov.ph in accordance with Memorandum No. M-2021-036 dated 28 June 2021. Copies of the Statement of Condition and/or Consolidated Statement of Condition, where applicable, as published, together with the publisher’s certificate shall also be scanned and submitted in pdf format at fssmail@bsp.gov.ph within five (5) working days from the date of publication.

CHUCHI G. FONACIER
Deputy Governor
27 January 2024