Amendments to the Reporting Template of the Personal Equity and Retirement Account (PERA) Administrators in Relation to their Compliance with the Basic Security Deposit (BSD) Requirement

Baruexo SerurnaL No PtLtPrNAs OFFICE OF THE DEPUW GOVERNOR FINANCIAL SUPERVISION SECTOR MEMORANDUM NO. M.2019.O15 To PERSONAT EQUTTY AND RETTREMENT ACCOUNT (PERAI ADMTNTSTRATORS Subject: Amendments to the Reporting Template of the Personal Equity and Retirement Account (PERAI Administrators in Relation to their Compliance with the Basic Security Deposit (BSDI Requirement Pursuant to Provisions of Section LL2L of the Manual of Regulations for Banks (MORB) and Subsection 4960Q.5 of the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI), the following revised templates of the Report of PERA Administrators' compliance with the BSD requirement, are being issued: 1. BSD-PERA-Form-1- Quarterly Report on Compliance with the Basic Security Deposit Requirement (Annex A); and 2. BSD-PERA-Form-2 - Report on Basic Security Deposit Transactions (Annex B). The submission deadline of the first quarterly BSD report for the refererlge, period ended 31 March 2019 which is due on 15 May 2019, under Memorandum No. M-20L9-01.4 dated 3 May 20L9, is extended to 31. May 20L9, while the revised Report on BSD Transactions (BSD-PERA-Form-2) shall be utilized for security transfer transactions on and after 31 May 2019. The other submission guidelines under Memorandum Nos. M-2019-007 dated 14 March 2019 and M-2019-014 dated 3 May 2019 shall continue to apply. For compliance. LYN I. ffiay 2oLe Paee 1 of 1 A. Mabini St., Malate 1004 Manila, Philippines * (632) 7O8-77Otx www.bsp.gov.ph* [email protected]

Annex A Form: BSO-PERA-Form-1 Category: Category B Deadline: 20 banking days after end of calendar quarter FOR ALt PERA Administrators Name of PERA Administrator Code Address QUARTERLY REPORT ON COMPTIANCE WITH THE BASIC SECURIW DEPOSI REqUIREMENT As of _l l-r"t t Base Amount of | -t | -l Inventory ofSecurities Used as with BSD Requirement [t I solemnly swear that all matters set forth in this report including its supporting schedules are true and correct, to the best of my knowledge and belief. Authorized Officer

BSD-PERA-Form-1 Schedule 1 (Name of PERA Administrator) Computatlon of Securlty for Faithful Performance of PERA Adminlstrator Date Account Description Amount A. BASE AMOUNT OF REQUIRED BASIC SECURITY DEPOSIT 1. PERA Assets under Administration 1st month 2nd month 3rd month Average 0.00 B. BASIC SECURITY DEPOSIT Basic Security Deposit Requirement (1Yo of A.1l C. INVENTORY OF SECURITIES DEPOSITED AS COiIPuANCE 0.00 WITH BSD REQUIREMENT (Schedute 2) p. ExcEss/(DEFtctENCY) 0.00

Form: BSD-PERA-Form-1 Schedule 2 (Name of PERA Administrator) SECURITIES HELD FORTHE FAITHFUL PERFORMAI.ICE OF PERAADMINISTRATOR UNDER THE BTR REGISTRY Date DATE AMOUNT (ln Absolute PHP) Remaining Fair Value Type tstN Haircut lssue Purchase Transfer Maturity Tenor (Net of Face (ln Percent) (mm/dd/wl (mm/dd/rrul {mm/dd/vvl (mm/dd/rryl Purchase Fair Value (ln Years) Haircut)

Form: BSD-PERA-Form-1 QUARTERTY CERTIFICATION ON COMPLIANCE WITH REQUIREMENTS ON BASIC SECURIW DEPOSIT (Name of PERA Administrator) CERTIFICATION (DArEl l, (Name of Officer) Authorized Officer on behalf of Name of PERA Administrator. with office address at (Head/Principal Office), after having been duly sworn in accordance with law, hereby certify the following: L The securities held in faithful performance of PERA Administrator- activities are eligible based on the provisions of existing regulations; 2. Fair value methodology with applicable haircuts is used in determining compliance with the basic security deposit requirement in accordance with existing regulations; and 3. The (Name of PERA Administratorl complies with the required security deposit for the faithful performance of Administrator duties in accordance with existing regulations. SIGNATURE ABOVE PRINTED NAME OF AUTHORIZED OFFICER Subscribed and sworn to before me, this _ day of affiant exhibiting valid identification indicated below: Government lD/Passport No. Date/Place of lssue lN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal on the date and place first above written. Doc. No. Page No. Book No. Series of

Annex B Form:ED.!E&E@! Category: Category B Deadline: 3 banking days prior to intended date of BSD transaction FOR PERA Administrators Name of PERA Administrator Code Address REPORT ON BASIC SECURIW DEPOSIT TRANSACTIONS As of Account Total BSD Transaction/s, at fair value (FV) net of haircut Security/ies for replacement, at FV net of (Schedule 1) Assets under Administration 2 Schedule 2 | .l Inventory of Securities Deposited as Compliance with the BSD, at FV net of haircut (Schedules 2 and 3) I solemnly swear that all matters set forth in this report including its supporting schedules are true and correct, to the best of my knowledge and belief. Authorized Officer

Form: BSD-PEM-Form-2 Schedule 1 REPORT ON BASTC SECURTTY DEPOSIT (BSD) TRANSACTTONS (Name of PERA Administrator) Date TRANSACTIONAL DETAILS Note: Mark the applicable box with ' /' , as shown: 17 a. f lnitialdeposit b. l- Additional security deposit c. f- Deposit fur replacement d. l. Withdnawal e. f- Redemption or maturity DETAILS OF SECURITY AMOUNT DATE Remaining Fair Value (ln Absolute PHPI Haircut Type rstN Tenor (Net of lssue Purchase Maturity (ln Percent) (mm/dd/rd (mm/dd/nd (mm/dd/wl Face Purchase Fair Value (ln Years) Haircut) Additional Infomtation on securities that shall be replaced in the event of replacement: a. l* Outstanding securities b. l- Maturing securities DETAILS OF SECURITY DATE AMOUNT Ftemaining Faar value Type tstN lssue Purchase Maturity Haircut Tenor (Net of {mm/dd/rnrl {mm/dd/nrl (mm/dd/wl Face Purchase Fair Value (ln Percent) (ln Years) Haircutl

Form: BSD-PERA-Form-2 Schedule 2 (Name of PERA Admlnlstrator) REPORT ON BASIC SECURITY DEPOSITTRANSACTIONS AFTER EFFECTING THE TRANSFER Computation of Security for Faithful Performance of PERA Adminlstrator Date Amount A. BASE AMOUNT OF REQUIRED BASIC SECURITY DEPOSIT (AS OF PREVIOUS CALENDAR QUARTER-END) 1. PERA Assets under Administration 1st month ? 0.00 2nd month 0.00 3rd month 0.00 Average P 0.00 ? 0.00 B. BASIC SECURITY DEPOSIT Basic Security Deposit Requirement (1oh of 4.1) C. INVENTORY OF SECURITTES DEPOSITED AS COMPLIANCE WITH BSD REQUIREMENT AFTER SECURTTIES TRANSFER/REDEMPTION (Schedule 3) ? 0.00 D. EXCESS(DEF|CIENCY) ? 0.00

Form: BSD-PERA-Form.2 Schedule 3 (Name of PERA Administrator) SECURITIES HELD FOR THE FAITHFUL PERFORMANCE OF PERAADMINISTRATOR UNDER THE BTR REGISTRY AFTER SECUR]TIES TMNSFERS/REDEMPTION Date DETAILS OF SECURITY AMOUNT DATE Remaining Fair Value (ln Absolute PHP) Haircut Type tstN Tenor (Net of lssue Purchase Transfer Maturity (ln Percent) {mm/dd/rnr} (mm/dd/w) (mm/dd/w) Face Purchase Fair Value (ln Years) Haircut) {mm/dd/rnrl

Form: BSD-PERA-Form-2 CERTIFICATION ON COMPTIANCE WITH REqUIREMENTS ON BASIC SECURIW DEPOSIT TRANSACTIONS (Name of PERA Administrator) CERTIFICATION (DArE) l, (Name, of Officerl Authorized Officer on behalf of Name of PERA Administrator, with office address at (Head/Princioal Officel. after having been duly sworn in accordance with law, hereby certif,, the following: 1. The securities held in faithful performance of PERA Administrator activities are eligible based on the provisions of existing regulations; 2. Fair value methodology with applicable haircuts is used in determining compliance w1h the basic security deposit requirement in accordance with existing regulations; and 3. The (Name of PERA Administrator) complies with the required security deposit for the faithful performance of Administrator duties in accordance with existing regulations on basic security deposit transactions. SIGNATURE ABOVE PRINTED NAME OF AUTHORIZED OFFICER Subscribed and sworn to before me, this _ day of affiant exhibiting valid identification indicated below: Government lD/Passport No. Date/Place of lssue lN wlTNEss WHEREOF, I have hereunto set my hand and affixed my Notarial Seal on the date and place first above written. Doc. No. Page No. Book No. Series of _.