Guidelines on the Electronic Submission of the Basic Security Deposit (BSD) Transaction Report
BANGKo SenrRIL NC} PII.IpINAs OFFICE OF THE DEPUW GOVERNOR FINANCIAL SUPERVISION SECTOR MEMORANDUM NO. M-2019-!gZ To ATLTRUST ENTITIES AND PERA ADMINISTRATORS Subject Guidelines on the Electronic Submission of the Basic Security Deposit (BSD) Transactional Report In line with BSP Circular No. 1032 dated 15 February 2019 on the Amendments to the Guidelines on the Basic Security Deposit Requirement, the following guidelines on the submission of the BSD Transactional Report shall be observed from the effectivity of the Circular for any deposit, withdrawal, replacement or redemption of government securities used to comply with the BSD requirement: 1. The prescribed data entry template (DET), and the corresponding control Prooflist (cP) and certification of the BSD Transactional Report, can be downloaded from the http://www.bsp.eov.ph/SES/reporting templates or requested from the BSP-Treasury and Asset Management supervision Department (TAMSD). 2. The DET, together with the scanned copy of the duly notarized and signed Cp and Certification in Portable Document Format (PDF) shall be electronically submitted at least three (3) banking/business days prior to date of securities transfer to BSD- Transactional @bsp.eov.ph and to the appropriate supervising department. a. The format for the subject line shall be: "BSD-Transactional <Full Name of Trust Entity/pERA Administrator>, plyymmdd", as illustrated below To : [email protected], Group Head and Division Head of the appropriate supervising department Subject : BSD-Transactional Full Name of Trust Entity/pERA Administrotor, 20190331 A. ivlabini 5',., t'l;.ll;itu.l00^1 i'i;.:nila. Pnil:ppine! . t0i:i /08 ;r;,01. . s.,y1v1.l]r[:.Cctv.i]h . irspiu'rjlit_)iilp.ij.rv.t)h
b. The following prescribed file names and file formats shall be used: File File Name* File Format Data Entry Report on Basic Security BSD-Form-2- Templatesl Deposit Transaction Xls yyyymmdd Report on Basic Security BSD-PERA-Form-2- Xls Deposit Transaction for PERA yyyymmdd Administrator Control Report on Basic Security BSD-control prooflist- Prooflist Deposit Transaction yyyymmdd Pdf Report on Basic Security Deposit Transaction for pERA BSD-PERA-control Administrator prooflist-yyyymmdd Pdf Certification Certification on Compliance with the Requirements on BSD-Certification Basic Security Deposit Pdf Form-yyyymmdd Transactions Certification on Compliance with the Requirements on BSD-PERA- Basic Security Deposit Certification Form- Pdf Transactions yyyymmdd *Similor to the subject line, oll fte nomes alwoys contoin formot only one (1) DET and corresponding cp and certification should be submitted for all BSD transactions on a given day. submissions with more than one (1) DET, one (1) cp, or one (1) certificate will automatically be rejected. lncomplete submissions (e.g. without the required cp and/or Certification) shall also be automatically rejected. 4. n the event of a system and/or internet connection downtime, BSFIs that f are unable to transmit their reports electronically can submit the DET and the accompanying scanned cp and certification through a portable storage device (e.g., USB flash drive) through messengerial or postal services within the prescribed deadline to: The Officer-ln-Charge Treasury and Asset Management Supervision Department (TAMSD) Bangko Sentral ng Pilipinas 1Lth Floor, Multi-storey Building BSP Complex, A. Mabinistreet, Malate 1004 Manila 1 For securities used as compliance for the BSD requirement that were issued after the reference calendar quarter of the transaction date, the fair value to be inputted shall be the purchase price.
5. In accordance with BsP Memorandum No. M-2oL7-o2g dated 11 september 2oL7, only electronic submissions originating from the officially registered e-mail address/es of BSFIS shall be recognized and accepted. The electronic acknowledgment of the submitted reports shall be sent to the same registered e-mail address. 6. Report submissions that do not conform to the above prescribed deadline/procedures shall not be accepted. only the files prescribed by the BSP for the repor.t shall be accepted as compliant with the existing reportorial requirements, subject to validation and applicable penalties for unsubmitted reports, or erroneous and/or delayed reporting For compliance. 4t4ry. G. FONACIER $ March2ote
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