Attached for your guidance is BSP Circular No. 793 – Amendment to Align the Familial Restrictions Applicable to “Independent Director” with the Existing Provision of the Securities Regulation Code, issued 8 April 2013.
The Circular is also posted in BSP’s website at
http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c793.pdf
View BSP Circular No. 793 here.