BSP Circular Letters BSP Circular Letter No. CL-2025-002BSP Circular Letter No. CL-2025-002 2025-01-08T00:00:00.000+08:00

Cessation of Operations of UBS AG Philippine Representative Office

OFFICE OF THE DEPUTY GOVERNOR | FINANCIAL SUPERVISION SECTOR 002 CIRCULAR LETTER NO. CL-2025-___ To : All Banks and BSP-Supervised Non-Bank Financial Institutions Subject : Cessation of Operations of UBS AG Philippine Representative Office The Monetary Board, in its Resolution No. 1468 dated 19 December 2024, noted the cessation of operations of UBS AG Philippine Representative Office. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2025.01.08 22:17:05 +08'00' CHUCHI G. FONACIER Deputy Governor 08 January 2025 Page Classification: GENERAL

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