Guidelines on the Electronic Submission of Report on Remittance, Money Changing/Foreign Exchange, and/or Virtual Currency Exchange Transactions to BSP-Supervisory Data Center (SDC)

BaNCxo SeNrNaL NO PILIPINAS OFFICE OF THE DEPUTY GOVERNOR FINANCIAT SUPERVISION SECTOR MEMORANDUM NO. M-2018{39 TO Att NON-BANK REMTTTANCE AND TRANSFER COMPANTES/MONEY CHANGERS/FORETGN EXCHANGE DEATERS Subjea Guidelines on the Electronic Submission of Report on Remittance, Money Changing/Foreign Exchange, andlor Virtual Currency Exchange Transactions to BSP-Supervisory Data Center (SDC) Pursuant to Subsections 4511N.6a(3Xa) and 4512N.8a of the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI), prescribing the submission of quarterly reports on remittance, money changing/foreign exchange, and/or virtual currency exchange transactions for non-bank Remittance and Transfer Companies (RTCs)/Money Changers (MCs)/Foreign Exchange Dealers (FXDs)1, the following guidelines shall be observed for the electronic submission of said reports beginning with the reporting period ended 31 March 2018: 1. The reporting template and the corresponding Control Prooflist (CP) can be downloaded from http://www.bsp.gov.ph/ses/reporting_templates by entering the assigned BSP Supervised Financial Institution (BSFI) code. The BSFI code is patterned after the Certificate of Registration (COR) for MSBs and/or Certificate of Authority to Operate (AOR)for Pawnshops as illustrated below: Financial Institution Tvpe COR/COA No. BSFI Code Monev Service Business 60-00001-0-00000 6000001 Pawnshop 31-00001-0-00000 3100001 2. The reporting template together with its corresponding scanned CP in Portable Document Format (PDF) duly certified and signed by the Proprietor/Managing Partner/President or any officer of equivalent rank of covered entities shall be electronically submitted within ten (10) business days from the end of reference quarter to "[email protected]" using the following required format for the subject: I collectively known as Money Service Businesses (MSBs) A. Mabini St., Malate 1004 Manila, Philippines r Trunkline (63217O8-77OL. URL: www.bsp.gov.ph . e-mail: [email protected]

"MSB <BSFI Code>, Reference Period" as illustrated in the sample below: To : [email protected] Subject : MSB <BSFI Code>,30 September 2018 using the following prescribed file names: Report Name Prescribed File Name MSB MSB.xls Control Prooflist MSB-Control Prooflist. pdf 3. Each email transmission shall correspond to only one (1) report. Multiple reports in a single email transmission will be automatically rejected, thus considered unsubmitted. Each report transmission shall be accompanied by its corresponding CP as described in item 2. Otherwise, submission shall be considered non-compliant with the BSP reporting standards. 4. The initial submission of the subject report shall cover the first three (3) quarters of 2018 with deadlines, as follows: Reporting Period Deadline 0l January 2018 to 31 March 2018 22 October 2018 0l April 2018 to 30 June 2018 31 October 2018 01July 2018 to 30 September 2018 15 November 2018 5. Only electronic submissions originating from officially registered e-mail address/es of the BSFIs shall be recognized and accepted bythe SDC. The officiale-mailaddress refers to the same e-mail address/es used by MSBs in registering/notifying activity/ies with the BSP, pursuant to ltem ll of BSP Memoranda Nos. 2OL7-OL4 and 2OL7-OL5 both dated 31 March 2Ot7. Same registered e-mail address/es shall be used by the SDC in electronically acknowledging the submitted reports and transmitting the corresponding validation/evaluation. 6. BSFIs that are unable to transmit electronically can submit the reporting template and its accompanying scanned cP in compad disc (cD) or any portable storage device (e.9., USB flash drive) through messengerial or postal services within the prescribed deadline to: The Officer-ln-Charge Supervisory Data Center (SDC) Bangko Sentral ng Pilipinas 1lth Floor, Multi-Storey Building BSP Complex, A. MabiniStreet 1004 Malate, Manila

7. Only report submissions that conform to the above prescribed procedures shall be accepted and will be considered compliant with the BSP reporting standards. Otherwise, appropriate sanctions may be imposed as provided under Subsections 4511N.15 and 4512N.15 of the MORNBFI. For compliance. I oaober zotg