(NAR) VOL. 25 NO. 3 / JULY - SEPTEMBER 2014
The Monetary Board in its Resolution No. 932 dated 11 June 2014, approved the amendments to the Manual of Regulations for Banks particularly Appendix 45 of Section X361 on the notes on microfinance.
Item I on the “General features of a microinsurance product” is hereby amended, as follows:
“I. General Features of a Microinsurance Product (as provided by the Insurance Code)
Effectivity. This Circular shall take effect fifteen (15) calendar days following its publication either in the Official Gazette or in a newspaper of general circulation.
FOR THE MONETARY BOARD:
(SGD) AMANDO M. TETANGCO, JR.
Governor