Regulatory Issuance (RI) No. 2021-01 on the Revised Rules and Regulations on Record-Keeping of Bank Deposits and Reportorial Requirements from Banks issued by
THE Revised Rules and Regulations on Record-Keeping of Bank Deposits and Reportorial Requirements from Banks issued by state deposit insurer Philippine Deposit Insurance Corporation will take effect on Tuesday, February 8, 2022, PDIC has announced. RI No. 2021-01 implements key provisions in the PDIC Charter (Republic Act No. 3591, as…
THE Philippine Deposit Insurance Corp. (PDIC) announced it has recently issued Regulatory Issuance (RI) 2021-01, enjoining banks to implement the “Revised Rules and Regulations on Record-Keeping of Bank Deposits and Reportorial Requirements from Banks.” The state deposit insurer said its most recent RI, which will take effect on February 8,…