Disqualification from Registration with the Bangko Sentral ng Pilipinas (BSP) of Six (6) Entities Operating as Money Service Businesses (MSBs) Without Prior BSP Registration

OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR 036 CIRCULAR LETTER NO. CL-2023-___ To : All Bangko Sentral ng Pilipinas (BSP) Supervised Financial Institutions Subject : Disqualification from Registration with the Bangko Sentral ng Pilipinas (BSP) of Six (6) Entities Operating as Money Service Businesses (MSBs) Without Prior BSP Registration The Monetary Board, approved the disqualification1 of the below listed Entities and any sole proprietorship owned and/or controlled by their respective owners/operators from registering with, and/or obtaining a license from the BSP to engage in any activity authorized or supervised by the BSP for operating as MSBs without prior BSP registration. Name of Entity Location Owner/Operator Bontoy Money Changer House No. 413, Antonio Bldg., Mohammad S. Sauti Arnaiz Ave. St., Barangay 107, Pasay City, Metro Manila Nurul Money Changing No. 2823-B Taft Avenue St., Yaser H. Pacundo Services Zone 10, Barangay 83, District 1, Pasay City, Metro Manila Globexmc Foreign G/F 5051 P. Burgos St., Brgy. Shelly Mohammad Tillah Exchange Services Poblacion, 1210 Makati City J-Mar Foreign Exchange 2 Constellation St., Cor. Fahadmajiel Sakaluran Service Makati Ave., Bel-Air, 1209 Makati City Money Changer De Leon Bldg., Gen. Hizon Mary Grace S. Santos Ave., Sto. Rosario, City of San Fernando, Pampanga Mariada Money G/F The E-Hotel Bldg., 906 A. Rauf Haroun Mohammad Exchange Services Arnaiz Ave., San Lorenzo, Makati City For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2023.06.23 10:23:43 +08'00' CHUCHI G. FONACIER Deputy Governor 23 June 2023 1 Under MB Resolution Nos. 462.A, 598.A, and 421.A dated 31 March 2022, 28 April 2022, and 24 March 2022, respectively, [Type here]