BSP Adoption of the General Information Sheet (GIS) of the Securities and Exchange Commission (SEC)

MEMORANDUM Series of 2005

TO   :   All Offshore Banking Units (OBUs) and Representative Offices (ROs) Subject   :  BSP Adoption of the General Information Sheet (GIS) of the Securities and Exchange Commission (SEC)

Please be informed that the Bangko Sentral ng Pilipinas (BSP) has adopted the General Information Sheet (GIS) of the Securities and Exchange Commission (SEC) as among the reports for periodic submission.

The guidelines prescribed below shall apply in the submission of the GIS, as follows:

1.   All OBUs and ROs shall prepare a duplicate copy for BSP of the GIS submitted to the SEC.

2.   BSP's duplicate copy of the GIS shall be submitted to the Central Receiving Section (CRS) of the SEC.  Said duplicate copy stamped received by the SEC shall be placed in a designated drop box located in the CRS of SEC.  This shall apply for OBUs and ROs which, as of this date, have not yet submitted their most recent GIS to the SEC.

3.   All OBUs and ROs which have submitted their most recent GIS to the SEC prior to the issuance of this memorandum are required to immediately provide the BSP with a duplicate copy of said GIS.  Said duplicate copy stamped received by the SEC shall be forwarded to:

BSP Supervisory Data Center 16th Floor, Multi-Storey Building, BSP Complex A. Mabini Street, Malate, Manila

For strict compliance.

This memorandum shall take effect immediately.

NESTOR A. ESPENILLA, JR. Deputy Governor