Amendment to Memorandum dated 6 October 2000
CIRCULAR LETTER Series of 2000
TO: ALL BANKS AND OTHER FINANCIAL INTERMEDIARIES PERFORMING TRUST, OTHER FIDUCIARY BUSINESS AND INVESTMENT MANAGEMENT ACTIVITIES
The last paragraph of the memorandum to all banks and other financial intermediaries performing trust, other fiduciary business and investment management activities dated 6 October 2000, increasing the liquidity reserve requirements against peso-denominated common trust funds and trust and other fiduciary accounts (TOFA) - others, pursuant to Monetary Board Resolution No. 1716 dated 4 October 2000, is hereby amended to read as follows:
This Memorandum shall take effect on 13 October 2000.
RAFAEL B. BUENAVENTURA Governor
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