Circular Letters and Memoranda

The Banco Sentral ng Pilipinas has approved the renaming of Rural Bank of Soliven in Isabela to Common Wealth Rural Bank, Inc. With Circular No. CL 2011-074, the formal change of corporate name was approved on October 6, 2011.

BSP Memorandum No. M-2013 – 030: Foreign Account Tax Compliance Act (FATCA)

Dear RBAP Members: For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Memorandum No. M-2013 – 030: Foreign Account Tax Compliance Act (FATCA). The Memorandum is also posted in the BSP Website.  View/Download BSP Memorandum No. M-2013-030    

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BSP Circular Letter No. CL-2013-035: Updated Validation Rules of the BSP for the Financial Reporting Package

Dear RBAP Members: For your guidance, below is the Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL-2013-035: Updated Validation Rules of the BSP for the Financial Reporting Package The Circular Letter is also posted in the BSP Website. Download BSP Circular Letter No. CL-2013-035.    

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BSP Circular Letter 2013-033: Savings Consciousness Week 2013

Dear RBAP Members For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular Letter 2013-033: Savings Consciousness Week 2013. The Circular and prescribed tarpaulin layout for the campaign is posted in the BSP website Thank you. View/Download BSP Circular Letter 2013-033

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BSP Circular Letter No. CL-2013-032 – Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Act of 2009

Dear RBAP Members: For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL-2013-032: Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Act of 2009 Pursuant to Circular No. 736 of 20 July 2011. The Circular Letter is also posted in the BSP Website View/Download BSP Circular Letter No. CL-2013-032

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BSP MEMORANDUM NO. M-2013-017 – Enhancements to the Risk-Based CAR Report in Relation to Recently Issued Regulations

Dear Member-Rural Banks,   Attached for your guidance is the Memorandum to All Stand Alone Thrift Banks, Rural Banks and Cooperative Banks on the enhancement to the Risk-Based Capital Adequacy Ratio (CAR) Report in relation to recently issued regulations dated 7 May 2013.  The said template shall be adopted starting with the reporting period ended

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BSP Circular No. 797: Enforcement Actions on Banks in relation to Section 123 of RA No. 7653

Dear RBAP Members: For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular No. 797: Enforcement Actions on Banks in relation to Section 123 of Republic Act No. 7653. The said circular is also posted in the BSP website. View/download BSP Circular No. 797

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BSP Circular No. 796: Amendments to Appendix 45 (Notes on Microfinance) of Section X361 of the Manual of Regulations for Banks

For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular No. 796 – Amendments to Appendix 45 (Notes on Microfinance) of Section X361 of the Manual of Regulations for Banks (MORB). Circular No. 796 is posted in the BSP website. View BSP Circular No. 796.

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BSP Memorandum No. M-2013-017: Enhancements to the Risk-Based CAR Report in Relation to Recently Issued Regulations

For your guidance, attached is the Bangko Sentral ng Pilipinas (BSP) Memorandum No. M-2013: Enhancements to the Risk-Based Capital Adequacy Ratio (CAR) Report in Relation to Recently Issued Regulations. The memorandum is also posted in the BSP website. View BSP Memorandum No. M-2013-017    

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BSP Memorandum No. M-2013-015: Collection of the Annual Supervisory Fees (ASF) for 2013

Attached for your guidance is BSP Memorandum No. M-2013-015: Collection of the Annual Supervisory Fees (ASF) for the Year 2013, issued 18 April 2013. The Memorandum is also posted in BSP’s website: http://www.bsp.gov.ph/downloads/regulations/attachments/2013/m015.pdf   View BSP Memorandum No.2013-015 here    

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BSP Circular No. 793: Amendment to Align the Familial Restrictions Applicable to “Independent Director”

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.        

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BSP Circular Letter No. CL-2013-025: Publication/Posting of Balance Sheet and Consolidated Balance Sheet

Attached for your guidance is BSP Circular Letter No. CL-2013-025: Publication/Posting of Balance Sheet (BS) and Consolidated Balance Sheet (CBS), issued 10 April 2013. The circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/cl025.pdf   View BSP Circular Letter 2013-025 here  

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