BSP Circular Letters BSP Circular LetterBSP Circular Letter 2003-10-14T00:00:00.000+08:00

To approve the setting aside of the 25% fee-based income requirement for investment houses

CIRCULAR LETTER Series of 2003

TO           :    All Investment Houses

The Monetary Board, in its Resolution No. 1439 dated 2 October 2003, approved the setting aside of the 25% fee-based income requirement for investment houses.

For information.

ALBERTO V. REYES Deputy Governor

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