RegAlert2025-12-12
Added · Updated
M-2025-040: Single Reserve Week from 19 December 2025 to 01 January 2026
The Office of the Deputy Governor issued Memorandum No. M-2025-040 to all banks and non-banks with quasi-banking functions. The directive consolidates the reserve weeks of 19-25 December 2025 and 26 December 2025-01 January 2026 into a single period for computing reserve compliance and determining offsetting privileges. This adjustment accounts for the Christmas and New Year holidays in accordance with relevant sections of the Manual of Regulations for Banks and Non-Bank Financial Institutions.
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Classification: GENERAL Page
OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR MEMORANDUM NO. M-2025-___ To : ALL BANKS AND NON-BANKS WITH QUASI-BANKING FUNCTIONS In line with Sections 254 and 255 of the Manual of Regulations for Banks and Sections 214-Q and 215-Q of the Manual of Regulations for Non-Bank Financial Institutions on the Computation of Reserves Position and Reserve Deficiencies; Sanctions and, in consideration of the Christmas and New Year holidays, the reserve weeks 19 December 2025 to 25 December 2025 and 26 December 2025 to 01 January 2026 shall be considered as a single reserve week for the purpose of computing compliance with the reserve requirement as well as determining "abuse" of the privilege of offsetting reserve deficiencies against excess reserve during the abovementioned reserve week. For information and guidance. LYN I. JAVIER Deputy Governor 12 December 2025 Subject : Single Reserve Week from 19 December 2025 to 01 January 2026
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