Updated Validation Rules of the BSP for the Financial Reporting Package

BANoKo SeNrnaL NG PILIPINAS OFFICE OF THE DEPUW GOVERNOR SUPERVISION AND EXAMINATION SECTOR crRcurAR LETTER NO. CL-2017{6Q To : ALL BANKS Subject : Updated Validation Rules of the BSP for the Financial Reporting Package ln an effort to further assist banks in finalizing the Financial Reporting Package (FRP), attached are the updated validation rules used by the BSP to determine whether the entries in the FRP are either balanced and reconciled or cited with mathematical defects requiring correction and the submission of amendments that are subject to penalty in accordance with existing regulations. Same validation rules emanate from the existing Reconciliation Report electronically transmitted by the BSP to banks immediately after the submitted FRP has been processed and validated. The updated validation rules considered the following issuances of the BSP: 1) The updated FRP, Report of Selected Branch Accounts, Published Balance Sheet, and Expanded Report on Real Estate Exposures templates pursuant to Memorandum No. M-2017-030 dated 02 October 20L7, and 2l The updated Financial Reporting Package for Trust Institutions (FRPTI) template pursuant to Memorandum No. M-20L7-027 dated 11 September 2OI7. Other rules have been also enhanced to further strengthen the overall validation of the FRP. The attached validation rules have the following three (3) components: 1) A User Guide that explains and describes the validation process and the translation of the validation rules into the Reconciliation Report transmitted by the BSP to banks with illustrative samples and references; 2l The Intra Validation Rules in Annex A itemizing the arithmetic formulations in balancing and reconciling the Balance Sheet, Income Statement, and Supporting Schedules of the FRP; and 3) The Inter Validation Rules in Annex B itemizing the arithmetic formulations in reconciling the FRP with the following prescribed reports: a. Basel lll CapitalAdequacy Ratio Reportl b. Risk-Based CapitalAdequacy Ratio Report2 c. Basel lll Liquidity Coverage Ratio Report d. Report on Cross-Border Financial Positions e. Expanded Report on Real Estate Exposure A. Mobini St., Molote 1004 Monilo, Philippines .1632l. 708-7701 . www.bsp.gov.ph . [email protected]

f. Stress Testing Reports g. Published Balance Sheet h. Financial Reporting Package for Trust Institutions i. Report on Microfinance Products and lncome Statement on Retail M icrofinance Operations j. Quarterly Statement of E-Money Balances and Activity k. Report ofSelected Branch Accounts (Branch Report) l. Report on Compliance with Mandatory Credit Allocation Required under R.A. 6977 (MSME Report) m. Report on Compliance with Mandatory Agri-Agra Credit under R.A. 10000 (Agri-Agra Report) Additional validation rules will be issued through a Circular Letter (CL) as future enhancements to the FRP are prescribed and/or as new formulations are introduced. As validation rules are updated and issued, a lead time of one (1) reporting cycle after the issuance of the corresponding CL shall be observed before penalties for non-adherence to the updated rules can be assessed and imposed on banks. Banks may use the aforementioned rules and formulations as reference for internally developing and reinforcing their own validation procedures, systems and controls. Such rules and formulations, however, mainly focus in determining arithmetical consistency of the FRP within an acceptable tolerance limit and are not intended to capture errors arising from significant changes or movements in values reported from one period to another nor misclassification of transactions arising from the misuse of the FRP accounts. The integrity and quality of the prudential reports prescribed for submission to BSP ultimately rests with the bank. Adequate internal controls should be in place to ensure that the information submitted by banks to BSP is consistent, correct and conforms to the prescribed reporting standards. This issuance supersedes CL No. CL-2015-057 dated 2l September 20L5. ?'re. IG. FONACIER 2 October 2017 Att: a/s 1/ For Universal Banks and Commercial Banks and their subsidiary banks and quasi-banks in accordance with Memorandum No. M-2016-024 dated 28 December 2016. 2/ For stand-alone Thrift Banks and Rural Banks in accordance with Memorandum No. M-2015-014 dated 10 March 2015.

User Guide: Validation Rules of the Financial Reporting Package (FRP) l. Backsround The Financial Reporting Package (FRP) prescribed under Circular No. 512 dated 3 February 2006 is a set of financial statements composed of the Balance Sheet, Income Statement and Supporting Schedules. The FRP is a prudential report required for electronic submission by banks to the Bangko Sentral ng Pilipinas (BSP) on a periodic basis. The bank submitted FRP is processed and validated by the BSP using automated systems. Results of the validation are transmitted to banks in the form of a system generated report which identifies exceptions and entries that do not balance and reconcile. This system generated report is referred to as the Reconciliation Reportl The automated validation procedure (AVP) of the FRP follows straightforward arithmetic and reconciliation rules applied in balancing financial statements. The AVP of the FRP is composed of two parts. The first part covers the validation rules internal to the FRP (i.e. lntra) whereby related entries reflected in the Balance Sheet, Income Statement and Supporting Schedules are cross-referenced and reconciled against each other. The lntra rules are presented in detail in Annex A. The second part focuses on the reconciliation of the FRP with other reports prescribed for submission to the BSP (i.e. lnter) to ascertain consistency of bank declarations. The Inter rules are itemized in Annex B. A tolerance limit threshold of P10,000 is set as the maximum allowable difference between two amounts that are being compared. To guide the user in interpreting the lntra and lnter rules, below is a description of the column headings and other relevant legends that appear in the tables presented in the aforementioned annexes. I The Reconciliation Report is also known as the Stage 2 Validation Result transmitted to banks after the submitted FRP has passed the preceding Stage 1 structural validation of ensuring conformity to the database file format and codes prescribed by the BSP. User Guide: U pdated Validation Rules of the FRP (October 20L7) Page 1

Chsks ard o{hsr Cash llm 1. Refers to the Reconciliation ltem Number (RlN). Each validation rule described in the annex is assigned a unique RlN. The RIN in the annex can be cross referenced with the same RIN in the Reconciliation Report for guidance in interpreting the validation result and comparing such result against the validation rule described for and applicable to such RlN. 2. The "Description" column identifies the account being reconciled (e.g.; reconciliation item no. 1 - Checks and Other Cash ltems) and the group section of the said account (e.9.; Asset Accounts - Section 1 for reconciliation item no. 1 - Checks and Other Cash ltems). RIN Description Schedule Ho. Asset Accounts - Section { \AS1 - 1 [2i Checlts and Other Cash ltems Balance Sheet Schedule 1 It may also contain additional clarification on the validation rule applied for a particular RIN as illustrated below (e.g.; MS2 - 164: Debt Securities (Carrying amount of the impaired assets before allowance for credit losses >= Specific allowances for individually assessed financial assets) RIN Description Schedule No. Asset Accounts - Section 2 qAS2 - 164 ilebt Securities {Carrying amounl of {he impair:ed Schedule 6fi assets before allowance for credit losses >= Specific allowances for individually assessed financial assets) Schedule 63 User Guide: U pdated Validation Rules of the FRp (Octobe r 2OL7l Page2

3. The 'Schedule No." column indicates the source schedule of the account title being reconciled as illustrated below (e.9.; Balance Sheet being reconciled with Schedule 1). Rtlt Description Schedule No, Asset Accounts - Section I \AS1 - 1 2) Checks and Other Cash llerns Ealance Sheet Schedule 1 4. The "Account Code/Formulation" column reflects the corresponding account code or combination of account codes of the account title that are being reconciled. The sample of the combination of account codes is illustrated below. RIN Oescription Schedule No. Account Code/Formulation Asset Accounts - Section 2 \AS2 - 6S Fonnrards (Fositive Fair Value] Schedule 4 '| 10100000505400000 + 1'l 0100001005400000, 1'10'100001505400000 * 1 10100000505500000, 1 10100001005500000 * 1 1010000150550000t 't Schedule 4A 1010000000000000i 5. Refers to the books maintained by the bank composed of entries recorded in a) the book of the Regular Banking Unit (RBU) represented by the "Peso Accounts", "Foreign Regular", and "Foreign Offices" columns and b) the book of the Foreign Currency Denominated Unit as reflected in the FCDU4EFCDU column. Marked "x" are the book entries for reconciliation under a particular RlN. Note that there are instances where the sum of several book entries is reconciled against a single book entry as in the case of RM PFAFL - 1 illustrated below (e.g.; The total amount of Checks and other Cash ltems reported in "Schedule 39 is reconciled with the sum of the same account reported under the Peso Accounts, Peso Equivalents of Foreign Regular and Foreign Offices of the Balance Sheet). fcowf cou Accounl P@ lot,l RIN Dcrcrlptlon Schcdulr ilo. h Peto Paao lnstructlonr Codr/Fomulrllon Lcoilrts n USI n USt Arbul Egui! EquiY Eosb \.rd Aecountr - SEtion .1 lhEtkg and i$)er Cash llem3 Balanid Sh6el X x 'ASt S,:hedul6 1 105 x x x x laridull Mrturtty . Partominq Finrnclrl As3cls !nd Flnlncl.l Lirbililicr I PFAii - I Esel Acccunt Due icm BSP Scheduls 39 lajanre Sh€€1 1 05 l 50009000cc000i X x AdC laluer cf Pe.io Arccunls 9esc €quivalenl af aore€n Reeulaf and c€sc equryaian of Fereign gansrdians '1.fi.e lc malch he amcJnl bilnd ir S.iedijie 39 User Guide: Updated Validation Rules of the FRP (October 20L71 Page 3

6. The "lnstructions" column will either indicate the specific mathematical operation to be used in the validation such as "Add" as presented in above sample for RM PFAFL - 1 or make reference to a specific portion of a schedule that should be used in the validation. Presented below are other samples of the remarks indicated under the "lnstructions" column. RIN Description Sshadulc No. Instructions Asact Accounts - Secllon I AS1 -2 4) Due from Other Banks Balance Sheet Schedule 2 ADD values of similar COiU?vlNS of Demand * Savinrs + Tim€ Certificates of Deoosil + Not; \AS1 .3 )ue fom PCHC <= Tolal Checks and Olher Cash Schedule 1 Due fam PCHC should be lees lhan or equal lc Tolal t€m9 Checks and 0lher Cash ltems Schedule 1 \AS1 - 4 lotal Due from Olher Banks - Demand iTotal = Schedule 2 USE Demand Deposit COLUI'dNS llassiied as to Onginal T?rm} Schedule 2 USE Demand Deposit COLUTv'lNS 7. The "Type of Reconciliation Rule/Remarks" column identifies the specific reconciliation rule applied to the account and the corresponding remark for cited exceptions as reflected in the actual Reconciliation Report. There are three types of reconciliation rules, as follows: a) The first type or type "1.0" refers to straiqhtforuvard reconciliation of account entries. For example, the table below illustrates that the entries in both banking books (i.e. RBU and FDCU) for "Checks and Other Cash ltems" that are reflected in the Balance Sheet should reconcile with the same set of entries in Schedule 1. Other samples of type "1.0" are ASSI - 1, ASSI - 4, ASSI - 5, ASS1 - 6, ASSI - 7, ASS2 _ 1, ASS2 _ 2, ASS2 - 4, ASS2 _ 6 and ASS2 - 7. A type "1.0" RIN with an unreconciled or unbalanced result will reflect "UNB" under the REMARKS column of the Reconciliation Report which means the report is erroneous and, as such, an amendment has to be submitted to correct the cited exception. ltuin Rcaort/gchrtlulc Rrtclrnc. wimR@lk FCOUETCDU oGiqa ofrks Iypc of R[{ fucosrt Pso Totrl Dilciption Schcduh lio. Pso PFo Pso Inriru€.tiom Codr/Fonnuhlion Acco!ntl ln USI o Usl In USS ,wuol lulaficmrk Equiv Equie Eqoi! rtat Accountr - Scction .ail - ! ihecks end Cfier Cash iiems EalanE Sheel 1C5100C00St08CCt3 x x I lriltlk S.hF 1151:!0$0CtC$C+r User Guide: U pdated Validation Rules of the FRP (Octobe r 2ot7l Page 4

b) The second type has two permutations referred to as type "2.1" and type "2.2". Both types are formula-based or equation-based which means either a single account is reconciled against the sum of a group of account entries or a sum of a group of account entries is reconciled with the sum of another group of account entries. A type "2.1"1 "2.2" RIN with an unreconciled or unbalanced result will reflect "UNB" under the REMARKS column of the Reconciliation Report which means the report is erroneous and, as such, an amendment has to be submitted to correct the cited exception. Type "2.1" samples are ASS1 - 2, ASS2 - 3, ASS2 - 11, ASS2 - 19, ASS2 -26, ASS2 -74, ASS2 - 101, ASS2 - 102, ASS2 - 103 and ASS2 - 104. An illustration of AASI - 2 is presented and described below. "Due from Other Banks" in the Balance Sheef and Schedule 2 are being matched/reconciled on a per book basis as shown by the encircled portions below. Since "Due form Other Banks" under Schedule 2 is broken down per type of deposit of account (i.e. Deman4 Savrngs, Time and Now) without a coffesponding total, the entry for "Due from Other Banks" under each type of account in Schedule 2 would have to be added to reconcile against the "Due from Other Banks" entry in the Balance Sheef as indicated under the "lnstructions" column. Mrlo RcFilSchcdulc Rcldcne oraln R.gul, FCIXTEFCtX, :oraiqn OffEa IypG ol Rtil Ac6unl FBo Iobl lhtcriplion Schrdub t{o. Pdo P@ Inrtucliont Cod./Fomulrtion n USI ln USI ln ust Rul.lRm.rtl Equiv Equiv Equiv It3ctAccount! - sac0on I r?) \ASt li Dua ficm Olher Eanks 3dan6 Shel Sch€dul8 2 t0a2cos0nGo(}ec0lcr o ADD ;alue3 cl smilar COLUICNS of D€mgnd a Sslrnes + I,UN8 T'me Cedricaies ol Semsil . Nor Type "2.2" samples are ASS2 - 69, ASS2 - 70, ASS2 - 71, ASS2 - 72, ASS2 -73, ASS2 -76, ASS2 -79, ASS2 - 80, ASS2 - 81 and ASS2 -82. An illustration of MS2 - 69 is presented and described below. The sum of "Forwards (Positive Fair Value)" under account nos. 110100000505400000, 1 1 01 00001 005400000, 1 1 01 00001 505400000, 1 1 01 0000505500000, 1 1 01 00001 005500000, and 1101000015055000000 in Schedule 4 is being compared with the "Forwards (Positive Fah Value)" under a single account (i.e. account no. 1101000000000000000) in Schedule 4A. User Guide: U pdated Validation Rules of the FRp (Octobe r 2Ottl Page 5

Ma|n Rlpo.gs3hldula iafrnncr o$igr RalBla FCDUiEFCDU :*ign otfio! lypc ol RIN AeFunt P60 Tolrl Drteridlon 9chcd!|. 1,16. P€o P6o Ps Itr||ruclioH Codr/Form s lilon Arcounft n USI n USS illrcsn RulG/Rrmrt Equiv Eqoi? Equiv {rsctAceountE. Scction 2 zf ---\ r,As2 - 63 ;cNiards IalueJ iPosille Fair -"'( i rtr!9wJwilulwij 111tt0c010051C8030 + i T USE Fair \ielue - lrl.'iitl Posili!€ Faif Velu€ 2 2JUNS I r010+c"i1 5.05430000 + ccLUr"{Ns I 1 +t C.-,Cti15?5500C00 + 11ttC+Cl]1035500C{l + r 1C 1i000r5ta5c0ts! ) Sr')edule .lA rlt.{80!ri}rsa{'t7 x uJts ro$?rcs i0er?st!es rifl Posilive Fatr Valuel COLUI'lrlS c) The third type or type "3.0" involves rules that must conform to certain conditions when matched against its correlated account. Nonconformity will indicate 'FAIL' under the REMARKS column of the Reconciliation Report which means the report is erroneous and, as such, an amendment has to be submitted to correct the cited exception. lnformation indicated under the "Description" and "lnstructions" columns aid in understanding the condition to be satisfied. Samples are ASSI - 3, ASS2 - 5, ASS2 - 14, ASS2 - 22, ASS2 - 29, ASS2 - 47, ASS2 - 48, ASS2 - 49, ASS2 - S0 and ASS2 - 51. As shown by AAS1 - 3 in the table below, the condition that Due from PCHC shoutd be less than or equalto Total Checks and Other Cash /tems must be satisfied. Mrin Rcpod9chrdulr Rafarcncc :oreiqn Ottk€s Typc of Rll,l Account Pso totrl Otrcription Sehldql. l{o. Pero lnrfu€{ion. Codo/Formulrtion l{counts In U$$ lfibun Rulc/Romrrkr Equiv q!r.+.,'l1:|li|t'l'trtl'. Scctionl *t,( lue fiorn PCHC <= Tot?\ Schedul€ 1 1 05 1C000c500600c0c x x X x /Bue frcm PCHC-r 3 BJFAIL )hecks and Cther Cash should be less thsn c t8ms equal to Tctal Checks &nd Clher Cash hemt Schedule 1 '105 t0000000080000r x X It v. User Guide: Updated Validation Rules of the FRp (October 2017) Page 5

ll. lnter rules in Annex B The same legends and column headings described in the Intra rules above also apply in interpreting the INTER rules presented in Annex B. In addition to the said rules, the following shall likewise apply for the INTER rules: 1. The name of the report indicated in the row above the column headings refers to the prescribed report that is reconciled against the FRP. Typeof R4o[r Io!rl Rril Padiculrn Sch€dule No. ln$vction. CodetFornulati on so Esr fsi Eari RulaRm*r rrsilt0 ntotbant L€n 8rlfi€e She€t 1401000000@000{I}l I lddvaluer ofPoro Acaountr. PGro 2.rru[B lffiilabler a lquivot Forsign Regulffmd Pilo iquiy of Foraign Otticil olPrsviou. SclrodulelA 140r00@0000000@ 2. The first line represents the details of the subject entry in the FRp. Accouil 'cstt xtu Type ot Rr0otrl cru ro:al Rril Prticulrn Scheduls llo. In|lrustionr Rmoncilidion tauiv RuldRemr rkr ,iSgI0 ntarbank Lorn Brl$coSh€oi 'ta01@00000@flF1 I x I lddYrlus ofPas Acount!. Pflo 2.rn]trlr trceivrblo ' huivof Foraign Rsguirrrnd P6o iqu jY ot Forcign Oficar ol?lgjg|l|- Schedub if IWWW 3. The second line represents the corresponding details of the entry in the other prescribed report that is reconciled against the subject entry in the FRp Fd.j0n rCDU'E' Type ol Account R.0ullr cw Rtil Prrticulatr Sch€duls No. Toral Inrtructionr CoddFormul|tion Eei RulaRmrkr €qui{ ttlSHl0 nl€rbrnkLorn Brl.nc€ Shsd 1a!1 00000000000001 I x x lddYrlua ofPso Accountr. Pso 2.1ruil8 leGivrbl€r " :quiv ot Foreign Ragulrrrnd P€ro :quiY ot Forsign OtherotPrcviosr e- Schedule lA 140,r@00q)0000@t x User Guide: Updated Validation Rules of the FRp (Oaobe r 2}t7l Page 7

lll. Applicable Reconciliation Rules per Bank classification As reference, the table below enumerates the portions of the FRP that are required for submission from each bank type (i.e. UKB, TBs, RBs and Coop Banks). lt follows that all lntra and lnter reconciliation rules enumerated in annexes A and B, respectively, apply to all UKBs since all portions of the FRP are required to be submitted by UKBs. lt likewise follows that, since not all portions of the FRP apply to TBs, Rural and Coop Banks (RCBs), only the lntra / lnter reconciliation rules applicable to the portions of the FRP required for submission apply to TBs and RCBs Circular No.512 Circular No.644 Series of 2{106 Series of 2009 Schedule Title Schedule No, ' RBs RBs KBs TBs lComnlarl (Simolifiedl Balance Sheet 00 Income Statement 000 Checks and Other Cash ltems Schedule'l Due fiom Other Banks Schedule 2 Financial Asseb Held for Trading Sdedule 3 N.A. Held for Trading (HTF) Financial Asseb Sold/Lent Under Repurchase Agreemenb, Cerlifi cates of AssignmenUParticipation witr Recourse Schedule 3A N.A. Securities Lending and Bonowing Agreemenh Derivatives Held for Trading (HFT) Sdedule 4 N.A. Derivatives Held for Trading Matrix of Counterparty and Type of Derivative Conbacts Schedule 4A N,A. Financial Asseb Designated at Fair Value Through profit or Loss Schedule 5 N.A, Available for Sale (AFS) FinancialAssets Sdedule 6 Available for Sale Financial Asseh Sold/l_ent Under Reourdrase Agreemenb, Certifi cates of AssignmenUparticipation wih Recourse, Schedule 6A NA. Securities Lending and Bonowing Agreemenb Availablejor-Sale FinancialAssets - Classifed as to Status - Total Schedule 68 N.A. Available-for-Sale Financial Assets - Classified as to Status - peso Accounb Schedule 68l AvailableJor-Sale Financial Assets - Classified as to Stanrs - Forehn Regular Schedule 682 N.A. Available{or-Sale FinancialAssets - Classified as to Status - EFCDU/FCDU Schedule 683 N.A. AvailableJor-Sale FinancialAssets - Classified as to SEtui -Foreion ffice - Schedule 684 N.A. N,A. N.A. AvailableJor-Sale FinancialAssets - Movements in Allowances for Credit Losses - Total Schedule 6C N.A. Availablejor-Sale FinancialAssets - Movements in Allowances for Credit Losses - Peso Accounts Schedule 6C1 N.A. Availablejor-Sale FinancialAssets - Movemenb in Allowances for Credit Losses - Foreign/Regular Schedule 6C2 N,A. Available-for-Sale FinancialAssets - Movemenb in Allowances for Credit Losses - EFCDU/FCDU Schedule 6C3 N.A. User Guide: Updated Validation Rules of the FRp (October 2017) Page 8

Circular No.5't2 Circular No.644 Series of 2006 Series of 2009 Schedule Title Schedule No. RBs RBs KBs TBs {Comnlerl fSimnlifiadl Availablejor-Sale FinancialAssets - Movemenb in Allowances for Credit Losses - Foreign Offce Schedule 6C4 N,A, N.A. N.A. Held to Maturity (HTM) FinancialAsseh Schedule 7 Held to Maturity Financial Assets Sold/l_ent Under ReDurchase Agreemenb, Certifi cates of AssignmenUParticipation with Recourse, Schedule 7A N.A. Securities Lending and Bonowing Agreements Fair Value of Held to Maturity (HTM) Financial Assets Schedule 78 N.A. Held to Maturity Financial Asseb - Classified as to Statrs - Total Schedule 7C N.A. Held to Maturity Financial Asseb - Classified as to Status - peso Accounb Schedule 7C1 Held to Maturity Financial Asseb - Classified as to Status. Foreign/Reqular Schedule 7C2 N.A. Held to lilaturity Financial Asseb - Classified as to Status - EFCDU/FCDU Schedule 7C3 N.A. Held to Maturity Financial Asseb - Classified as to Status - Foreign Sdtedule 7C4 N,A, N.A. N.A. Held to l\4afurity Financial Asseb - Movements in Allowances for Credil Losses - Total Schedule 7D N.A. Held to Maturity FinancialAsseb - tr,lovements in Allowances for Credit Losses - Peso Accounts Schedule 7Dl N,A Held to ft,laturity FinancialAsseb - Movements in Allowances for Credit Losses - Foreign/Regular Schedule 7D2 N,A. Held to Maturity Financial Asseb - Movements in Allowances for Credit Losses - EFCDUIFCDU Schedule 7D3 N.A. Held to Maturig Financial Asseb - lvlovements in Allowances for Credit Losses - Foreign Office Sdedule 7El NA. N.A. N"A. Unquoted Debt Securities Classified as Loans Schedule 8 Fair Value of Unquoted Debt Securities Classified as Loans Schedule 8A N.A. Unquoted Debt Securities Classifed as Loans - Classifed as to Status - - Schedule 8B Tobl N.A. Unquoted Debt Securities Classified as Loans - Classified as to Status - Peso Accounls Schedule 881 Unquoted Debt Securities Classifed as Loans - Classified as to Status - Foreign Regular Schedule 882 N.A Unquoted Debt Securities Classified as Loans - Classified as to Status . EFCDU/FCDU Schedule 883 N.A. Unquoted Debt Securities Classified as Loans - Classified as to Status - Foreign ffice Schedule 884 N,A. N.A. N.A. Unquoted Debt Securities Classified as Loans - Movements in Allowances for Credit Losses - Total Schedule 8C N.A. Unquoted Debt Securities Classified as Loans - Movements in Allowances for Credit Losses - Peso Accounb Schedule 8C1 N.A. Unquoted Debt Securities Classified as Loans - Movements in Allowances for Credit Losses - Foreign Regular Schedule 8C2 N.A. Unquoted Debt Securities Classified as Loans - Movements in Allowances for Credit Losses - Peso Accounb Schedule 8C3 N.A. Unquoted Debt Securities Classified as Loans - Movements in Allowances for Credit Losses - Foreign Office Schedule 8C4 N,A, N.A. N.A. User Guide: Updated Validation Rules of the FRp (October 2017) Page 9

Circular No.512 Circular No.644 Series of 2006 Series of 2009 Schedule Title Schedule No. RBs RBs KBs TBs lComolexl lSimolifiedl Investrnent in Non-Marketable Equitv Securities Schedule 9 Interbank Loans Receivables Schedule 10 Loans and Receivables - Others Schedule 1 1 Loans and Receivables - Others - Classified as to Status - Total Schedule 1 1A N.A. Loans and Receivables - Others - Classified as to Stafus - peso Accounts Schedule 'llA1 Loans and Receivables - Othen - Classified as to Status - Foreign/Regular Schedule 1 1A2 N.A. Loans and Receivables - Othen - Classified as to Status - EFCDU/FCDU Schedule 1 1A3 N.A. Loans and Receivables - Others - Classified as to Stafus - Foreign Office Schedule 1 1A4 N.A. N.A. N.A. Restructured Loans and Receivables - Classified as to Status - Total Schedule 11B N.A. Restrucfured Loans and Receivables - Classified as to Staius - peso Accounts Schedule 1181 Resfuctured Loans and Receivables - Classified as to Sbtus - Foreign/Regular Schedule 'll82 N.A. Resfuctured Loans and Receivables - Classified as to Status - EFCDU/FCDU Schedule 1183 N.A. Restructured Loans and Receivables - Classified as to Status - Foreion ffice Schedule 11M N.A. N.A. N.A. Loans and Receivables - Othen - Movemenb in Allowances for Credit Losses - Total Schedule 1'lC N.A Loans and Receivables - Others - Movemenb in Allowances for Credit Losses - Peso Accounts Schedule 1 lCl Loans and Receivables - Others - MovemenF in Allowances for Credit Losses - Foreign/Regular Schedule 1 1C2 N.A. Loans and Receivables - Others - Movemenb in Allowances for Credit Losses - EFCDU/FCDU Schedule 1 1C3 N"A. Loans and Receivables - Ofrrers - Movemenb in Allowances for Credit Losses - Foreign Office Schedule 11C4 N.A. N.A. N"A, Gross Loans and Receivables - Ofiers - Emnomic purpose - Total Schedule 11D N.A. Gross Loans and Receivables - Otrers - Economic purpose - peso Accounb Schedule 11Dl Gross Loans and Receivables - Ofien - Economic pumose - Foreign/Regular Schedule 11D2 N.A. Gross Loans and Receivables - Otren - Economic pupoe - EFCDU/FCDU Schedule 1'lD3 N.A. Gross Loans and Receivables - Ofrers - Eonomic purpose +ore6n Office Schedule 11Dl N.A, N,A. N.A. Loans and Receivables - Others - Classified as to Status per pAS 3g - Tohl Schedule 1 I E N.A. Loans and Receivables - Others - Classified as to Status per pAS 3g. Peso Accounts Schedule 11E1 Loans and Receivables - Othen - Classifed as to Status per pAS 3g - Foreign/Regular Sdedule 11E2 N.A. Loans and Receivables - Others - Classified as to Status Der pAS 39 - EFCDU/FCDU Schedule 1 1E3 N,A. Loans and Receivables - Others - Classified as to Stahrs oer pAS 3g - Foreign ffice Schedule 1 1E4 N.A. N.A. N,A. Schedule ofAgri/Agra, SME, DIL and Microfinance Loans and Receivables under Sched 1'l Classified as to Counterparty Schedule 1 1F User Guide: Updated Validation Rules of the FRp (Octobe r 2OI7l Page 10

Circular No.512 Circular No.644 Sariac af 21106 Series of 2009 Schedule Title Schedule No, RBs RBs KBs TBs (Comolerl {Simolifiedl Real Estate Exoosure Schedule 11G1 N.A, N.A. Investrnent in Debt and Equity Securities lssued by Real Estate Schedule 11G2 N.A. N.A, Comoanies Oiginal Maturity and Earliest Repricing of Real Estate Exposure Schedule 1'lG3 N.A. N.A. Movements in Non-Performing Loans (NPLs) Schedule 11H1 Aging of Non-Performing Loans (NPLs) Schedule 11H2 Loans and Receivables Arising from Repurchase Agreemenb, Certjficates of AssignmenUParticipation with Recourse and Securities Lending and Schedule 12 Bonowing Transactions - by Counterparty Loans and Receivables Arising fiom Repurchase Agreemenb and Securities Lending and Bonowing Transactions -Matdx of Counterparty Sdedule 12A N.A. and lssuer of Collateral - Total Loans and Receivables Arising from Repurchase Agreemenb and Secudties Lending and Bonowing Transactions -Matrix of Counterparty Sdedule 12A'l and lssuer of Collateral - Peso Accounb Loans and Receivables Arising from Repurchase Agreemenb and Securities Lending and Bonowing Transactions -Matrix of Carnterparty Sdedule 12A2 N.A. and lssuer of Collateral - Foreign/Regular Loans and Receivables Arising from Repurchase Agreemenb and Securities Lending and Bonowing Transactions -Matdx of Cornterparty Sdedule 12A3 N.A. and lssuer of Collateral - EFCDU/FCDU Loans and Receivables Arising from Repurchase Agreemenb and Securities Lending and Bonowing Transactions -Matrix of Counterparty Sdedule 12A4 N"A. N.A, N.A. and lssuer of Collateral - Foreign Office Fair Value Adjustnenb in Hedge Accounting Schedule 13 N.A. Financial Derivatives Held for Fair Value Hedoe Schedule 13A N"A. Financial Derivatives Held for Cash Flow Hedqe Sdedule 13B N.A. Financial Derivatives Held for Hedges of Net Investment in Foreigrr Ooeralions Schedule 13C N"A. Financial Derivatives Portfolio Hedge of Interest Rate Risk Schedule 130 N.A. Accrued Interest IncomeiExpense from Financial Assets and Liabilities Schedule 14 Investment in Subsidiaries Associates and Joint Venfures Schedule'15 Investnent in Subsidiaries Associates and Joint Ventrres - Classified as to Nature of Business Sdedule 15A Details of Investnent in Subsidiaries, Associates and Joint Ventures Sdedule 158 Bank Premises, Fumifure, Fixture and Equipment Schedule 16 Real and Other Properties Acquired Schedule 17 Real and Other Properties Acquired/Non-Curent Assets Held for Sare - Aging ofAccounts Schedule 17A Movements in Real and 0her Prcperties Acquired/Non-Cunent AsseE Held for Sale Schedule 178 Defened Tax Assets and Liabilities Schedule 18 N.A. Other Asseb Schedule 19 User Guide: Updated Validation Rules of the FRp (Octobe | 2O:-7) Page 11

Circular No,512 Circular No.644 Series of 2006 Series of 2{109 Schedule Title Schedule No. RBs RBs KBs TBs (Complex) (Simplified) Breakdown of Due tom and Due to Head Office/Branches/Agencies Abroad-Philippine Branch of Foreign Banks Schedule 20 N.A. Liability for Short Position Schedule 21 N,A. Deposit Liabilities - Classified as to Type of Deposit Schedule 22 Deposit Liabilities by Size of Accounts Excluding Deposits in Foreign ffices/Branches Sdedule 22A Due to Ofier Banks Schedule 23 N.A. Bills Payable Schedule 24 Bonds Payable, Unsecured Subordinated Debt and Redeemable Prefened Shares Schedule 25 Fah Value of Financial Liabilities Schedule 26 N.A. Financial Liabilities Associated with Transfened Asseb Schedule 27 Other Liabilities Schedule 28 Interest Inmme/Expense from Financial Insfumenb Schedule 29 Interest Income from Due tom Other Banks - Classified as to Type of Deposits Sdedule 29A Interest Income from Held for Trading, Designated at FVpL, Available for Sale, Held to Mafurity FinancialAssets and Unquoted Debt Securities Schedule 298 Classified as Loans Interest Income from Interbank Loans Receivables Schedule 29C Interest Income fiom Loans and Rffi Sdtedule 29D Status - Total N.A. Interest Income from Loans and Receivables - Others - Classified as to Status - Peso Accounb Schedule 29Dl Interest Income from Loans and Receivables - Others - Classifed as to Status - Foreign/Regular Schedule 29D2 N.A. Interest Income from Loans and Receivables - Ohers - Classifed as to Status - EFCDU/FCDU Schedule 29D3 N"A. Interest Income fiom Loans and Receivables - Others - Classifed as to Status - Foreign Oftce Schedule 29Dl N.A. N.A. N.A. Interest Income from Loans and Receivables Arising from Repurchase Agreemenb, Certificates of AssignmenUparticipation wih Recourse ano Sdedule 29E Securities Lending and Bonowing Transactions Interest Expense on Deposit Liabilities Schedule 30A Interest Expense on Bills Payable Schedule 308 Interest Expense on Bonds Payable, Unsecured Subordinated Debt ano Redeemable Prefered Shares Schedule 30C Dividend Income Schedule 31 Gain(Loss) on Financial Assets and Liabilities Held for Tracling Schedule 32 NA. Gains(Losses) from Sale/Redemption/Derecognition of Non-Trading Financial Asseh and Liabilities Schedule 33 Compensation/Fdnge Benefi h Schedule 34 Other Administrative Expenses Schedule 35 Depreciation/Amortization Expense Schedule 36 User Guide: Updated Validation Rules of the FRp (october 2017) Page 12

Circular No.512 Circular No.644 Series of 2$6 Series of 2009 Schedule Title Schedule No. RBs RBs KBs TBs (Complex) (Simplified) lmDairment Loss Schedule 37 Off- Balance Sheet Schedule 38 Report by he PEM Adminisbator on Personal Equity and Retirement Account Schedule 38a NA. Report by he PEM Adminisfator on Personal Equity and Retirement Account Sdedule 38a1 Report by he PERA Adminisfator on Penonal Equig and Retirement Account Schedule 38a3 N.A. Report by he PEM Administator on Personal Equity and Retirement Account Schedule 38a4 N.A. Residual Maturity - Performing FinancialAsseb and Financial Liabilitjes - Regular Schedule 39 Residual Maturity - Performing FinancialAsseb and Financial Liabilitjes. EFCDU/FCDU Sdtedule 39A N.A. Repricing - Performing FinancialAsseb and Financial Liabilities - Regular Schedule 40 Repricing - Performing FinancialAssets and Financial Liabilities - EFCDU/FCDU Schedule 40A N.A. Invesfinent in Debt Instrumenb lssued by LGUs and Loans Granted to LGUs Schedule 41 Disclosure of Due fiom FCDU/RBU and Due to FCDUIRBU Schedule 42 N.A. User Guide: Updated Validation Rules of the FRp (Octobe r ZOLTI Page 13