BSP Circular Letters BSP Circular Letter No. CL-2022-081BSP Circular Letter No. CL-2022-081 2022-12-01T00:00:00.000+08:00

Revocation of (BSP) Authority to Operate as Pawnshop, Cancellation of Registration as Foreign Exchange Dealer (FXD)/Money Changer (MC) and Remittance Transfer Company (RTC) of Owen & Sons Pawnshop, Foreign Exchange and Remittance Services, Inc.

OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2022-___ 081 To : All Bangko Sentral ng Pilipinas (BSP) Supervised Financial Institutions Subject : Revocation of Bangko Sentral ng Pilipinas (BSP) Authority to Operate as Pawnshop, Cancellation of Registration as Foreign Exchange Dealer (FXD)/Money Changer (MC) and Remittance Transfer Company (RTC) of Owen & Sons Pawnshop, Foreign Exchange and Remittance Services, Inc. The Monetary Board, in its Resolution No. 1332.A dated 08 September 2022, has approved the following: 1. Revocation of authority to operate as Pawnshop of OWEN & SONS PAWNSHOP, FOREIGN EXCHANGE AND REMITTANCE SERVICES, INC., pursuant to Section 172-P of the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI); and 2. Cancellation of registration as FXD/MC and RTC of OWEN & SONS PAWNSHOP, FOREIGN EXCHANGE AND REMITTANCE SERVICES, INC., pursuant to Section 901-N of the MORNBFI. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2022.12.01 16:02:14 +08'00' CHUCHI G. FONACIER Deputy Governor 01 December 2022 Classification: GENERAL Page

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