BSP Circulars BSP Circular No. 651BSP Circular No. 651 2009-04-01T00:00:00.000+08:00
Extension of the Effectivity of Circular No. 629 on the Treatment of Net Unrealized Losses in the FCDU/EFCDU Book for Purposes of Determining Compliance with the FCDU/EFCDU Asset Cover Requirement
CIRCULAR NO. 651 (Series of 2009)
Subject: Extension of the Effectivity of Circular No. 629 on the Treatment of Net Unrealized Losses in the FCDU/EFCDU Book for Purposes of Determining Compliance with the FCDU/EFCDU Asset Cover Requirement The Monetary Board in its Resolution No. 483 dated 26 March 2009, approved the extension of the effectivity of Circular No. 629 dated 31 October 2008, for another six-month period until 30 September 2009.
This Circular shall take effect on 1 April 2009.
FOR THE MONETARY BOARD:
AMANDO M. TETANGCO, JR. Governor
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