BSP Circulars BSP Circular No. 1357BSP Circular No. 1357 1992-10-08T00:00:00.000+08:00
To include foreign exchange dealership/brokering as financial allied undertakings of banks with expanded commercial banking authority
CBP CIRCULAR NO. 1357 Series of 1992
The Monetary Board, in its Resolution No. 903 dated September 25, 1992, approved the amendment of Section 1377 of the Manual of Regulations for Banks and Other Financial Intermediaries so as to include foreign exchange dealership/brokering as financial allied undertakings of banks with expanded commercial banking authority.
This Circular shall take effect immediately.
JOSE L. CUISIA, JR. Governor
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