Report on Investments by Residents under Annex V of the Manual of Regulations on Foreign Exchange Transactions (FX Manual), as amended

BANOKo SenrnaL NO PILIPINAS OFFICE OF THE DEPUW GOVERNOR Monetary and Economics Sector MEMORANDUM NO. M-2019-j2E_ To : AllAuthorized Agent Banks (AABs) Subject : Report on Investments by Residents under Annex V of the Manual of Regulations on Foreign Exchange Transactions (FX Manual), as amended Under Section 43.7 of the FX Manual, AABs are required to submit subject report covering the sale of foreign exchange (FX) to residents to fund their outward investments under Section 44 ol the FX Manual as well as investments that are classified as resident-to-resident transactions. The report shall be submitted to the BsP through the International operations Department via email ([email protected]) within five (5) banking days from end of the reference month. To further enhance the quality of data involving residents' investments which the BSP receives from banks, AABs which sell FX to resident clients for the purpose of investing in instruments (whether issued by residents or non-residents)that are held for sale or trading by banks, are required to manually indicate the suffix "-BNK" after the applicable existing codes indicated in subject report. For strict compliance. 1..** /ce? FRANCISCO G. DAKIIA, JR. Deputy Governor zs October 2019