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New PDIC rules on bank reporting effective Feb. 8

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… ....

Bangko Sentral , Bank Computer Systems , Philippine Deposit Insurance Corporation , Bank Deposits , Reportorial Requirements , Republic Act , Operations Manual , Technical Specifications , Deposit Account View ,

PDIC issues new rules for record-keeping, reporting

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,… ....

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