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(NAR) VOL. 22 NO. 2, APRIL - JUNE 2011
[ BSP CIRCULAR NO. 719, S. 2011, May 06, 2011 ]
GUIDELINES ON RECEIVERSHIP AND LIQUIDATION PROCEEDINGS OF NON-BANKS WITH QUASI-BANKING FUNCTIONS (NBQBS) AND TRUST ENTITIES
The Monetary Board, in its Resolution No. 589 dated 14 April 2011, approved the attached Guidelines on Receivership (Part I) and Liquidation (Part II) Proceedings of NBQBs and Trust Entities*.
This Circular shall take effect fifteen (15) calendar days after the publication in the Official Gazette or in a newspaper of general circulation.
Adopted: 06 May 2011
FOR THE MONETARY BOARD
(SGD.) AMANDO M. TETANGCO, JR.
Governor
* Text Available at Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.
This Circular shall take effect fifteen (15) calendar days after the publication in the Official Gazette or in a newspaper of general circulation.
Adopted: 06 May 2011
(SGD.) AMANDO M. TETANGCO, JR.
Governor
* Text Available at Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.