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

CIRCULAR LETTER NO. CL-2022-__ 024 OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR To : ALL BANGKO SENTRAL NG PILIPINAS (BSP) SUPERVISED FINANCIAL INSTITUTIONS Subject : Disqualification from Registration with the Bangko Sentral ng Pilipinas (BSP) of Entities Operating as Money Service Businesses (MSBs) Without Prior BSP Registration The Monetary Board, in its Resolution No. 1746 dated 16 December 2021, approved the disqualification of the below listed entities and any sole proprietorship owned and/or controlled by their respective owners/operators from registering with the Bangko Sentral ng Pilipinas (BSP), and/or obtaining a license with the BSP to engage in any activity that is authorized or supervised by the BSP, for operating as MSBs without prior BSP registration. Owner/Operator/ Entity’s Name Location Contact Person 1. MER'S BUSINESS Hugh-Han Reynaldo Abing CENTER Commercial Building, Camingawan Prk. 4A, Barangay San Francisco, Panabo City 2. PAYB BILLS Blk 28 Lot 5 Rosewood Angel Tambor PAYMENT AND Village, Niog II, City of Doinog, Jr. REMITTANCE Bacoor CENTER AND/OR INFINITY PAYB For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2022.03.08 18:15:09 +08'00' CHUCHI G. FONACIER Deputy Governor 08 March 2022