viean wane Eh esegesena prone Eeemmerinavende SEs ween ‘seas Sees ee Sag Se Seat —" 5 Bee SESSA an eon nts Pees | Sesame \ See =a 1 a ete } Beee Garirtat geet, oun oo eee a es Saree ee en msec Sercoar ae easy requrerenis berga phe. npreient & Sipe grape oareora mcr 2 ESSE arcore ate mugene epee neuatee Copsnton-sannnote coe Spt tn eat mare Pamper Can SEE meson Saenz Spe peo ee Betapace 5 ateinisermn ie © Meine asec (3 Benes sane ree see eee & fe irePhi Dee neance Copantorn eat ronan ats = teusion Page zetse4. STATE Pources | RESPONSIOLITY AND PRIMARY OBJECTIVE “in Baro Serva ngHlpnas ESE) Ix oneutanay maton (ot wens) canta ronan ‘iho (se 26 are vi Coreen) Sete he cenor W383 unc Repble AA Ne. TES (a [Sete on act Noss) un vas amersng nisoy nano Hoty, bes catta Sane oroe Stippras uacafas se ne cena uoraay sumer Ccniracariton atin Sane nonataysutrty AGoemnan cures apeaten ‘arceeoat a Scams expe oom Ct wae we sen Ua Ot Be . TENS Tee teat aon ep gore 1 Heyy ener y etna Bi Stat be hed coy ty een eaatea fy ie BSS ee amary stan +o acne nme sre otmeey, tanking and et Sopergon oerbane * 5 Rept earinaton wor nce a NCoA ats oer errata we rn borons ur scot Seu ataoe,doveneo separ ot ‘erey eras Sanung a0 ek singe snaio=T ‘SREP Ene AT Sa TT {1 Eginsimanci sanity ses saree mands wen \stoa Govenmart OF. ee + Bearaee tne payments ana eettoment systems (es RA Ho, 117, Natoral Fayment Syeameacy + Ponotabrod a convenes acces tonigh quay tania aries (S43, NA) “4 CORPORATE POMERS rages“he operate powersofthe BSP ar genelly standart for goverment corats ens £ Te SStqemee cour ctaeaee ay cai omen tp one Soe na {5 Teavana perm sus ouerfecaeay or hope! Pewse Sar) Ci pupoees oF At ces ses ‘Te SSP nas 9 fusions ity nanagenen cxrercy sue, lender of as ‘eso, ‘ereial sperason,maragerert of ren cueneyreseves. daurnaion of fouie exchae pote, banet tancal advan’ and ofr Gpesor of te goverument, creer of Be para [Fje bs foanes say but ony tive stoarne coverage be deeaes _.-Autonyytoootaineataanc mformaton 1 ssPenas poner requ any ac 2 Cotes or aoe cata mayne lees» ary mareze pen 2 Siageregtg ast (Ce cam chats aa fs) 1° Stbeeltscentanrtaty nue MG eemae sate he pee ees wen ct ee or are ot ne .Bit'ed Ean ae secures pursuant» 554 caning superson fous, 29 32 fortaemat te renaee le scbectIo canons mous oy We Honesty Sion setae sao oy nu newest te a Segase ae + canbe sees tom any para oratty, vou sovenmant anti + Lina ter stateteat ana pony aevtepmentpurpseee te eutjecto pnianment for conemgl under Me Rules of out »Superrisin and examinason Scans otros cnt nanan, sveneeng lve sa gure conn ih ‘supevistn muses auth COA and SSP nave cncuret reals ua govenment bans (CEP See Stee ie See ) SeuearS (amen of 50% ot me vourg ox) ara atuaes(eesh of 0% oi) of ape ane auslsane sngageu hata settee hate es ot SSL grande Sop avest® fo {Goeiet saan & = way or map outed er cles slaps by 2 Cane ot hceesay ‘Sgayean ssa see) Pages ose(cGeaeSES FA RESP ES LATTER SARE oo (en strange Jaze MONE arr anareMuanes =r) hey nemais pete nt: ttre ven by eal nu von pgs ae ot fescuten of examination teu. 55° i equret to exablen 2 meourism Br ohn sues fecanng scone suainson whe. caus ny stl mogpenen ara seen say foe Nonaary Soza ices asemenaee, See 2) utnrty ot pak sxeinere. 63° care samara supose sume cane ans tomy be {reemialon ct satonane 5 nutone nce Dusan ‘Tie svnony © able! ete 90) oF sntaansanyofsont deport an govern! aot eau. ‘rohinten on tenance st junction Nearing arr iusion sat bests by ne cout {joing in 8S em exarunng any Febion supe ete supavebr or examina ones ‘lone scum orme 38 pamiyaowarysnamase oz ah ‘Authority to approve transfer of shares Jarsese sears oan oat ln ceoe ste vig rae bare Elsteaane cornicing mavinente eprston aro Weanoal pesky [NCEA se omenoer See 2S a tet ofiaket ESP approval ‘te ineetuton cr by any goverment agency - cars tram eeoratle no eagle Fert reponibleshalbe ube (Weass ance Sec 254), gente amaee Soci s anes Sea NTE eres Se eee ee =o freee ate 63° me nny prenbies tm 22 ang an omar, recor, aur or agen. empoyee,consitan or toot, aesty or ‘uae stay eon stata pense motamnstonny na S20. eas See 7e 1. Gray Srteneeyremciny wteekng ny gr poset orpeeaay matt Sere br ‘eat san bos ony nba: sects paves os mannaressy ne SO" oo! Sea «¢ Ravenngin ay mans foreton esthg te crane buns tary seh aut * Greco nace cige ay sora oto o apne aorta 2. Tre momasen i be ge o Pe Moran Sera ie Govema oft SS orto Er seein subsrane dsb e ben buh mabe scr strane CEE Be ages on4. Sorguna tom ny nesutng sutsto super a exaninaton 3 te BSP ener: DASE ete E tehin deceeea ine dont sone; ana 5 iota be fest to uc ume Bs gutors 36 ne Moneta Soar may pesorbe (hees es anaraes S222") Examination anc Fees + Sern, guuiemue sre sner 20 sons antag thal be amin oy S52 amine B scorcance win guginee ing Wo ‘Stedeeson coun abd FUSE panos. + Tie stan oe an etenat ot at east 12 manne setgenreguar examnatone. Sank eainsonte olerger ami Sper scomaors rac sins the s)ute otha manare othe one San ‘Seas See roreauce + Reece epee reno spn oe pte sawn nao saan « Fruviestumnus spevecs Wr eanconsust ceupevieoe Se [Link]). 6. NONETARY BOARD, PONERS AND FUNCTIONS “Ts uanotay Soar i 2 coven) mar boty separa by he Prem MOUgY wn me paver and nsios ome SSP aera NCBA Ser 8) ‘cempoetion 1D Acabinet member tc besesinated by he President one Phappines: © Siemoess wna shar cone fom me fae sea: art momen Fave Wi Une NCEA, se. 3 unless tine Ncsareues nating covrnar be sult sortmator ty ne Commision SIRES stiscs ome oars sagen su hewaateiaagy eM Any yataney nine onan Beas oats ty cea. gratin, crvemava ot ay namter store ed ne amen of snow manta soning forma of ato ate cussions estas year atice ice We Ghvenec mo enous tae 4016850300 goss marten Eceisnsnse mer ingen pay se sseem ane sip rnagndeasorgetens ie Sinalangasorome asooinas NCEA Sec. 5) quatmestions 2 equatestone moe by A. No.6715 (AME and Comp raceee Act>. Dlsuatea tom beng 2 area ates, enpjee conta, uuys. enter ence! ot See Sennen Ay Se cece nate pe sage «He cee ree ee ha ye pt a ote SED AREER SESS SER EE ea agin aS SS See SE Serene 2 Ri nomoer int oe ampoyes any sucn memutkn wan 2 yeas ane me expanen ote terocast wer nerene a oi epee Pisa Gvener + EEtGe Sete uneanel mere in ay pris nine ne Phippnas. win 4 yeni pcese Ie ppommert NCEA Sec) escenario Seber res Sua samen mm oeoeeeenatnaat et ean cuclaany gat ‘Nis tw ne at onan pormeay stom ay Has, _— ‘naman re sa eens ny aes, an ras ae ‘SEGRE afb ower sr petomana oer anes stun Exception: Tne atone cr alason ar tray agusges tebe wit vlan ot eA pertones ‘Renoentsad au, o mt ise higeanoe (Weeaasemetoce Set 70 “Ta legn slgatan ot agaoe an gosta na S62 oto oye oe bl i win ne otal ‘iat ofhe woneay Soa wen. gry or wong fee aus of sta uty 3 ate 0tSTF rsarry apr at cummeraaton (Borgen v Rajesh TT20 205) Renovilottenban tine Monetary Scare ‘Tgoraicet may enove st memes tne ondary S80 foan) oe floeng eaten 8 FREEGEE eProps wana Peer iSetor nanestyoprocesto «Tene ov 4 Thamenoars eweequetyasquate unter NECA. Sez 9 (NCBA Sec 10) satya mariyoapataies ang ast nepal ornare han € 4 gus ue aa equator 3 Sieh Rttamagdnert ofeatons anc aannsraton otne 55 & Edie tron enw rage oe sMytaa ot enctone_ 55° an sommlevaive agency wren oxrces “sours mate hrsots wach muy be chusceraea sy aeatane, vegan, requaiy, uaciegeate, or Gea (Enns/Gonmucs se Eamerstaunopren enn; 208 on 25" 253) Pagers(uate Soap Ts B59 ones Soar ean semnieeatue agen) vee huts fever ch tries teugh he Wovetay Scar ae pew Kev eutporn,b turf Zama ue ney be egret mane at sore copes SSC RG ASST Sao ELE Sd Decalateeppedtai tothe cout ot appeal. Ly peson fr ceorat against an ac cr omtn ot gt eta wart ane braun Money Su mtb ew be Su open aca ae) Ru ote Ruke'@ Cast Te ae Yom 3 ec pean 1. HOW THE BANGKO SENTRAL NG PILPINASHANDLES BANKS N DISTRESS 4. Consenatorship © Receivers 4 Ligudaton _ inka crm ce 3 amin ee ama Shipp Beoartincrarce Copraton PUIG. ts txen over Oy Re PONE se atten necaver ee ree Seen eareem ute tesa iceman gua Sopra tases eee eeu sees ‘lermenveaggedpaynensorwitrsvale ray 2 sneered 2 cufeng Pom lly prc. + Egay aeRkay to pay tananes a ney necome ave m me onary cou of oushese (See ah Nea me sutton ground» ee bare ‘2. Consenatership teairesnang meaty ots na or quasar aun messiree sores att aos Fortis ype. Peon Scary spo acoreenaty NCEA Sez 2) ppotntnentot comenator Paesatse‘SSUEDTEL AHIR SE SER ERT a SASHA SRR Sain IShotacematet poe ie mises ot spcetor ane wears NCSA, Se. 29) ‘Tena fora a ae pee een coven Rouge ATEN Gee uration of Sonsensteranp tat rot areas year CEA See 29) ‘cuatostons ot aConeentar “Tg egpcevae smu a compat ane encuteseanle bark oertoneanamaragenent (NCEA Meo “= ‘scarp nee ee anne nagerenineet Goictat none anf ame ae sete Sees uenes eemootee nae, See equey oe 2 woe soar pee mangers bes & SSIS Sen net Acer cena pris he no fv outa a cans ei no ‘antaione oerue tay woul ntnigesganet Oe ronpalmat Sauce fie Cover The at ‘neey ghee conearar ne pout he cout scone voce ctace aa eae“, Seiad crenmcuiog creole Poauc's ani une G2 ne tose “sis Pet bnleare erstane genre Ge G2 ne vases 7m SREP ALS SOE aac oH tat to excees 2° othe oa (tne present ane eto Le re bark ude conearrep) n 1 Yea payable 12 waa Seeny rn aah i Shanta ies BaP Sjee oe ae eee salary ue ami nen pe, ne neaoranp w arnaco c egoun na ne RSIS SS SERIES Sint ae ee Se SS ” epee 1. Vken ne one Seats sates atte sts can conn separ ne aor ane Meer be wana Bont erner 8 te cornuance ntusess of e eon wou oye be ei cpoao eer m ant cm, psa eae ». Closure, Receversnp ad Liquidationten SAGES EELS AN SS SE = on ae Beet me are Poa, ere nats sean perso cetemne wears ca ci ioe ented ‘Tie Nonesry Scag eat ony wring. troup the BCC. ne Doar of srecaE ote coset peeing iaoech nesassavetiea cee 2o) .Receivasho quasi ee ss) DDC carey, mu cage ede need Sy esos wo we ‘ee aponmen of recone eras stspta me aumony ct me one ana os avesors ane (Reaves propery anatase CA, SA Na Heer 938) +; Rosas resin pee azame me eam £ Ragyvnamamspeny amen aot 8 28% os ene SSB PRidy Sacer SS cory 4 Noe wntng oe Sua of Breau oman ielnemuten oft Ose fe Moreton Ee sptescines og + ee Seca eae lara poner coe Bean daeunene = xcepaon: any wo fay caused by exraornay cenanse mouse ty ancl pane m ang conmunty ooh) (NEL se meraea Ser S08) Hasmumcertentabe asitso met DMRS (lace sheets; (NCEA as amen, Se sep 1 Sing inns nenee wiht wvotng pol ees Mons and ro 2 Fasiuty oss a ceace-anc-dest order uncer NCEA Ser. 37 (Auminsratve Sancions) being besa tiara man sos ovoatesteng nin sroume usar deepwion See nee ove 2500, eae pers conlcinghebusnest nan ues erussunanamr (GEL See 50) ‘lot NoweerLeter Docking ry egdrapte nex: heath oan spprunty cos nar may Sbeesiate Siete re ats bee Beaune sf ea nents coke rout SERAESS Tot he paper nope auamnea aay ope nanan pe aie ‘oi me pole four bate he posters CeanGs. suOMOWeTS nd Fe Geel BONE (Genta GawarmaPriggrary ca SF Ne 72150 102),4 Lauiaton ‘gs sn Congurense a petwence ot eres, POIC I Me recaher snd quar (Se 7 Im, RUE 2 TINS SERRE erence ane nenry anon ves ca ‘ppt atuiguaton ‘Sveum tl 68 ec) 3. Wun bysion CEA se 20 ‘unary Ligation ise eta vu don of ay bunk aganaes urna awe of me hie, o ot any ‘anc of afce ne Pins ora fee Date win Pee a eet Igdnton sta tat ot ‘Mdrend snd Suess stapes maybe naaneay Ws prowst ne ress dose (Ses oo" BL scevomnip an ctu iguseton (Beg Eater tne feacherc gidau Space tor Wa tanm nal ue govemer by ne poate ott New coneal Sank act Seon ax wit be Get cua fe cout munch asin pena 3 Dien erat ang crea. ran omaran beta become Sn at = po a seta “ tector lacamont ofa Bank nce Lguleton ‘Te pacanen of abanc unser quetln sal havea tloung ers: 4. nine comorte nancies or stance far noeeout by ne Meveuy Bears banc unerqucton, that conus at 3 tty soporte meena ofthe wears up po (New POIC Crater Se. 15) Not: nang pase main ro me otpublentnotnatoe tne sorely ne fan dine sertoetaston pee deesa EW ew PDC Chat Se) Rg rman wae coe wat ony beans oan tng we [Poulain and sate ee by sr aging tan DONE tracey ae Tam A aaeia te {reer eceverep anes ob sues ou Reecaerin =D (ance Po Soe Mouuiage teiave Sob oRNG 20H7E eA 2aNS) em eal ne an epee peri ue at a er ‘Thepowen, wing figs, uncoee ane gute a vel ate swetess, emuteraton 20a Fegunte or ne dreds ewe, or coowonie (069) of ech ban ae tema wpe hs 10s ae caves nom mart may way wen me ase, ec, aa FB of Ie San inew roIc Crane see Sei), Not: Tea aver ana seis a sro a my paraiso tattne iuenn ot pitas ton ternatoret svar owstos lnyeaisowre se 8)) Page 138tapas one wear snd 2 uch, Reve sets may nl be Hale sac, GAME. ‘Sesion ey ay ce cout paces. Auge, oes of cour ay eran who stat sue. or, ocseorcawse Me iuarce ‘asia one saaea She anusior one! Gamiare Tete we femme nevecio care Se 1a) ot: perry stazrmantoraalnanton ay at east ol meslees ene sceing 20h i of conre ral rei ge. ay ponece 9 oe aac © gaia ft Up igh on itorreatons SSeeaes oes a eee sere por pan poo men oven oan a ane non atogsect on contact! igations ‘3S5sean Gr ine crazy mulcaor of he bank os gosey dadaniageas 1 he coed $e orbraty gounepromberoy an nen POI Crane S736) on merat paymante. ‘hese Samet py ment en azote ara ‘ase up dewure utr pace B NEBA Sec 6S Srowaas: Te recaps riya stn aout nas to appa of ne guleton ‘iprtre oi pte cuertot ng sanunctg omyersetrcucans sure ret st EES Gioia SE 'hepreaing manet ane tine volar) flew POI Grate ee a eee eee ee Frome time Store, he dosed Oat stat nol Se Table for he ayant of peraiias 2d otrge beng tom the ate saya ov ransaymant stl popety tk apie gare ‘Sareea aa inarcnages (New POIG Cramer See "31V7) ‘ica may mes cher sta fact fo Ses rendered afer ban woe ech a& Ne Satan chpaian canaiane savers, yun POI See See 19S) ‘on aston proang rr of aganetine tesa mensea 260) rnp ae: ators are oo airing sees ary cat gael 2 ‘eeredtomarasuy measson “ xceflion Actos penarg ete rene Cour (NeW FIC 1. gnaat osisonsepanetine siosa tank ease scone tek atte say ussten cout aganet ‘evn pry tne we a eon 3 stn wn re easton ut ao cane toarars desi oem wees . ke cnacokatan ater couttee Shyam acetone pe cout eumg b ances of acnons ea oy ne ace Eryusea or ae acalboges walle ceed ui Weston arate wit Mey day suo na nal covet 2 tat anon ay gant in orf habeas nae ain Se ecpeaee er, eal beak lentes eee sory ae preeuned nels by he bance conveptot an ouner (Mev PCIC Chara, Sec. 3HT2) ‘gerade iam arc onares See eT) fan ne poe rau even Waaminreay uastes final one Exseutoy. The acton of me Manet Soar plsong 3 baw vse corsenatoen ce SEE Tica eens Sauias sles au suny of agers ny race ature oracton pen cetoraion ne youra wane sean aa atin soe orumtEn ruin sun gave anus o'eceam ase snout oct of exces ores atone: Peon i ted tye tosis ot ear reesening the mapty of te caps ck SGn'S GE"Gqe for rape oa tend stavae or oeioeoues She oa Sean ‘aeeneenp guar or onewvabianp. eosasemenaea Se 35 oto: 2 peta c acto te coabat pices uray Sec 30 of he NCEA. Omer cess {fie Matty Bact a's fay ance onion tapes Say ot ere Page 13038fouesonenn epee eam od he ta ton ch rrr arr capstan re sees [guaster or at anytime Gung 3 Jere ane elquanin ater beg olsen oe Bue foun eons Sou agueng utoneton one auaston Curt unacina cout a cur urea ne PD tesa Saeed efadane ty tose: Qotsn sean fe ut soa tre See ‘Shae cf ne sooince'’s craton, aa chev. abd ode or sv ues # may nats Spevnieisne tisusbr bur O00 4) Reet awnie twlaanes Sasa ce fn wht nk sine mat nk eu De Man coptons Vien fening ano euigeing ve cite vets te iqusson cout wave te > auecie i Tuy n weno we nurer aya ne case ns Beek on alang agonal omenees 9 Me ., Peeper terse on CHB ee pecous tne (Crscarg vA GR No tgs2 Sas) ana fer ne neue we vata of oui ype wnch =m asa yan te cise is winn te arenersonet exeplong the cman stole 6m Mee ‘Giccnd tn att equate or otaten sure posers ota sete e pope Sorenson propre oat amor we Sere coos neat (v0ana v Somat {ADMINISTRATIVE SANCTIONS ON SUPERWSED ENTITIES ‘Teamposton otaaminerabe sant stale i, const, aneaorale (NCEAGS aneraea ‘hElgretay Eons ay pee sonata saror fon) suas nna st coves gy £55¢eupain and erarirain ss) ang 2) Del decors foes or empbyess. NOES at ‘Acts euojcitosamnivatveeenctoa 5 NMR SSSPE ARES tas rapa o purestons Page ot 38amang separment rte exrener erste orrenen com wit or aon ot ay sang anor any or nruston puaton seve y he Worl) Sod of a ce, tact orn oy ne Gove or 1. Efnmenen otrehusace ange cinuctg bushes sn usa or Eeeuna mar Se may {edsumnay te Usraiay ass haa se avers Ser 5) Sm he Mondiary Sosa and the Goveror nas aomoistatve dcpinary juttictn and author 10 pow exci onstary Boxe & Saag aa ganador aH Sa + Reitimrare gem canon = Doreankcearg perce: sn (NCBA, Sz 570 ‘Sattanengo cbr fee learess, sang t feos (ACES as amercee Se: SS ‘Aiporssto mocta mes natn eee of 160.00 or aon taneatonal van 2230000 ea Sa ee ee reegranen @ wammanon non once erat mat etenpt Suen ave, ome, oF enpLyE Hon ‘Saminerane or cominalsancane. DICEAseamences. Sc 7) ‘Adbgrsan Seas, sran sonsigeateeapenoy ay tours» coeane ous pees attoun ney 25 eg fom he sin of posal eaters, Ind eeence ous progee © oe shag ‘écenaue oponhylo 6 tara are bo suonn ay evesnce Paorar have neaea © ak (prom epee ner pocon ty mnereepanaton waren cele ce Poce_(EUSE90 eH SP dette isrty bons © 8 Na See ines te) Proves unpeeion ‘he Monaary Sou has aunty ive provera eipersion ores up 120 aay fr bark ese dep rine ie apres, ey sn neta Sy ‘mer umzenion» ony perenne asi, nalce or ear te necnesy Unt auch tne hat ‘puraeeaincoe hae proved Bar roveor, Bey naj oy pevvey wepnded on folleg (fs bois rot muses 0 cena 9 eeeaten, re preven pa sonmann ot UE (Peguiecs Gonags onus a. nae Uareayfaces 8 a ese sense 6s 0 oes ora (C00) Pe ts039enuresis eure See eee Pik matesonSrsetlnewsn a= Semone soon spars tab beliseny Sawer ay sated nae tory Spee sea opm cen eg oy Bo rae wo 8) ce Anjum anor retaining cer Ngcout oer nan ne Couto Appeae abd me supreme Court, sat eve ay terra rearing (eg retry cton pear maaaty mynston arnt be BSR ay atone ‘ey sstaing rss ernetoton nue nwt oi eee i os eesas ondase see 325) 3 WAIVER OF SECRECY OF SUNK DEPOSITS FOR DIRECTORS, OFFICERS ND STOCKHOLDERS AND THER RELATEDINTEREST (DOR elses» becomidees a 2 0059 ka rani aeomnosatn: 2 Re onentsay oa or ancl seommoatior (ne cort or Daaue nts tiny tnt aang omen tic 2 he bank arse arn ak EASESNE chin = sonong peoran atte enses oun ty he same niet nt oan = ‘Tine iaror mares secsrmacair t hearer, mero ese eye wi tht on {tea nbeat em exces off a Ue cabal ga sure he lerang bam ore man ‘Sour parson (oe Se GSn) ones wee i1pe kan 2 COSEI ane Keng ban tal gute ane ote debe arsntoanany otha apse shimasvesnoure = svones ne ‘a nares norowig neues one mal mud BY 2 HUE pa. LE COSN ms 2 cE MDE ‘renter 9 caus ane te Gose sons ora gun atats ang a wana ofan staaceina Ese atin fo amet reenter 1 ON 2 Loans ndother edit ccommodstions ‘The BSP authored te extend reiscuns, deccunt, lane anf aqvaees to sancng snstuione The purpose o tess &fusree he lune ef cast consent wth be lace ‘fpric stbly and maintanaroe ot teanea sebity (NCEA, S01) Normal Creit Operations ‘The ESE may nemmaly snd regulary cary en the folowing cred epertons with instuigs operating inthe Phipps Po Coaneesltaae“The BSP may redscount, discount, buy and sel bil, scsepances,proissory notes nd other cra stumanss win matter ct not nor than 1a) ayavom te cae 4 ngoaion expenaton urenana crawl of oamly eles goede nd procucts (river aneponston inn he Pmigpnes cr 2. Siomg sf ronserngte goods snd protucs which re duly insured ard Geponted, under condone sesurng tor presenaton, m autnotzed bended warenouses or omer places approved Oy the Monetary Boar (NCBA, See ee “The BSP may redecount discour. buy. and sal i. seseianees, promissory notes 2nd other ered istumenss having matures of rat more than 320 days or he se fei reasccun,dlscoutt of acjiston by ine SSP tom Uansecns ined © ‘tui o processing of agreutura. ana mineral indus produc, NCEA Se Se ©. Qharcrect Shale Set navumens not sherwsereciszoutale fer commer andprodeston prescroedby ESP (NCBA Ses SIE) “The BEE ogy gare asvaces gas loving colt eed prs: Sern peering baer the SEP or ofthe domes nats s. Cosihecs erst terumens & Wiged porns of saranace n currant amount sovered by raga overt Shrsenanis eats speistons cue onmureal sed potusin ease So Sarfan azn snount ans iuty by te nemsnon solute nano . Negotasie easury bis, coutetes of hdesedness, nats and ober negotiable Shijatens afte Covenmen ating wan 3 yeas tom the dete of aBvance 7. Nejotate nds issued byte Phlogne government ané having matures of Niner an 10 yoarstion he dom foersee INOEA Soe ED “The advances made spars clara (6) ard (7) may ot exceed 20% of is cant “The colaterals shal be for fed pesodsexcert fr peduaion ere instruments which snsvne escees se0 anys (NCBA Ses Cos) Special Cred Operations Als wine ny colar! forthe purpose of prove lucy tote banking Syston a mes ofneed (NCEA S085) Emergency Cred Operations Iperf atonal anor eal nena of mnt tarsal pans wn cacySeo 8) ‘ radiances banking sttions, even during coal parids, rte purpose of ssising + Sane n'a pacarous oranca’ einaeor or Unser gataue arenes pesssres Suge oy Sntreaan Seats ov avers whem hough fora could mothe pavates by the ant finoenae. fmt azcerain tat he Dark snot nsovant nd has he seats @ tecue De ‘Stvances (NCEA Ses 59). Note:[Link] cf atleas 8 meres of he Monetary Board should ke obtained. (NCBA, Sec. 54 “The snount ef energney leno advance sta not exceed th sum of 30% of tal depests 4nd cepoutsbststes ofthe bent ad shal be sbuesin 2varehes ‘btutes ofthe fark and shal be secured Sy moe 1 Government secates E Secgpis guavas ota up by th na £ Othe unendimbues zine olderais Othe: kde of altel a nay be sutoried by the Monetary Boas. (NCEA as Scndes Ser as) Note: The aroun: may ercaas Zit the bunks adeaustey secures by sty ct tne fsiseais ante pada secknolsrefirnan an urderaucg tm near #9 hoe RSmass fom sul" 3 coneevater aysontad by te Wonetsy Eosd # neceesey (noea Sen 2) , ys vote of last Smanbers. the Monsiay Sead may auhorge te alesse ofthe iT famih an anderaing i denny and hod Rarmeas fom su, Spromed ty te lonetty Soa, tnecessny. ana 2. Prouice aceepate secur when ous be scequne 9 susan the ssats ‘anders by nebane ms coletal ore suossquanivancie. NCOA Seo 2) “Tee Noneary Board sal use te powers grattacto under nis At etsur thatthe s4po, ‘Baily. afd cost of money st accord win the needs ofthe Phipoine economy and ‘is bank Seat isnot graned tor speciatve purposes prea te atonal meres tions on bank operon nls pid abate of he sa category, maybe fn by he Moretsy Eoara,unforly snd without Ascrminaich NCBA se smenced Sec 09) margin reqaroment2gemstinere treat “igre soa ay stan ep mina can cage ne pig tt cet 1 Reeies secur egtnst nk ans in sce protest a ahansy one taneng yam me Moran Bons my nue x ‘Gulsone sey goer tsetan we emacs De Page reatpSTeo cunt ssany wise yas apart Be wanone pan of Sean operate oe tae Soa See 28) renee te cen Seatdcmaen Wt aacils even eck expan # bank cea he eat Meat eae ard sean wining ante may ner ne Mortan Bsa may sppy 22h mee ere and teeters ach tank © epee (Stegonee acct Clipe ante ers cae on wc ey te ona olsun revlon The tecnica aoe pS Sitivizuncomy snsuimouaesmesten hogs Ser 7) tenia capa atoe sco Ses pre a see rpm oa ma me erro ot uh unde te aco, te Monta Gori may rqute bark hold apa! eyed mnmum aourenarssommarsurse eter raprote NCEA arena, 18) ‘9. RATE OF EXCHANGE 4. PURPOSE “p gie eayagenartic ne pecotosepst a norey neaning retin: na ‘SB BLe Dine SaaS es SEN cy alse kes y tte amore Shretoseistneassnome sessupmetofna county Ra lusearametues See) marine, rete, of ee Io Sa Sepa ums nare nen guna ‘teu onExcpten afeunae (Tle ae arene See?) ‘Beoceew any pron amy tomaton concerning pois bya tant omar anys (RA “its menses Se) 4. DEPOSITS COVERED ‘a ocoat otunsovr nae win sais ocbanangmetustens mine Ppp. ‘rogers singe uuee tye ovement Snsoae Te poe else ans te Senonensiae Gers eaniceseonaned) cpp eess noe tame ats ges Sespatean Rn eness contruction ot contaertity Page 193038sere are sou upotang ve stow content! nature of ane depute agane! amming me SAGAS gue ac han tEienan tos ea matte costes wines eae ROR Weigeven GR ne 12828 208) SARI GOSS Oey aan acc, 172) ar sees ome ‘eaepton: nmmenpemesor ore epost Frelg caren) dept are exanpt tomate gaits cay ofr oer» pace ot=ny Sniegitees ood govarnar soonay or any emawamia asp anaesnar See SRE ‘eiton of tA Ec0 sgaie ot sepoeh win sah ohypne eke gece earings mares hacoun ago apeaeaninnon naar tuman secur ct ea $372 stot na Court peas celratec a2 speal cour Siti ae a ahi aia eeneceerpceecces em = ara cy sass ng nan eter Page 21 ot 38© Sarees Yu aso, tede, ard Reoae fom 3 Dum ance PEROT RA She‘Sout capone, erou a wes ara can amor tha axaninten ot an sneha, Peer aged it ar fipeses of he crm of ferric conspay 1s commit 2, ep ela ceceed ard ovewed trot operate pero 2. Rete eeu ogpncann snore, gop tpenem ae ora fananeiutoe AIS? Ser 2) ner AULA Upin oro competent curio olten che AMA une ee Besscaie snot sure apa cae a easee eee 2 Bagwamng 5 ESBS ataene anon are muserinsua corsa ane ear ages (ALA Se 7 ae e216) an gore Puna rete mi neoanssanengorastee hansar pon aeainsn by SD\Cina the onan fay esas tne oval ey anoiea nat veured bak Orta or a9 28 ‘Semiaen se snag. or auas son unas ov Uioura paceee conic It Scneesot te sano ave law ae ain, of att Yous ar) provers cat tegen fo mh De iaure ta Sige Oe SOD shal culm De fpet ot ‘Seanan mine anety Sarsts sour cosesie tor (See 24) Bele are ‘Re one 9 Orsusina wn Re pone ne npn ans els ae =e ins aque: jatend sunt ces one ‘rasan porona raha sett nae st nai bo Pose ang pesto, ghar eno acu arte he poe wot: Ar invsigtor by me Ome of Omudenan rota pering Ingato t tow Sonnnan @ sunnessteo sguer fooss SR Ns satse2 2) Page 220t381 guppy ernest any way eats omar of eet er ae ot 2 yj or unas ot any parton or pesonew ranton © anom mee pooape {ale peeve nat ect poor arte we comtiy or steno © cosa SS se gegen tage arn ere or ate ron 1 pancmesouson wren mares atau pong sorecne acon 26 eae ty we Money SELLS SUAS SS nro ROTO PES |. nvasgaton bye sesceri! Conmstn sn Gees Gorrie oso gotanweath (Gerseheonen) 1m. Avotongovemnentsepsetsoy ne commision oan (6.56, 9751 Samer Surat cure ot te inpschant maybe an ceptor me secrecy Dak epost under RA 45,1 at an ‘SETTERS ane Care ER VE BERS ae Sg eA at emeoe Serae irae anaemic heury ns Unawtl Save SOE aun io ese US Chg [scar COAtwatot gnanmen epee ang PCE meaty of ngotan Mea ‘ioe sponte tn aes aa Feregn Crary Depots Unter ineRule tour 1. Premiary stacmen (awe, Sc. 10) Sbow Accounts "en crus tow te open of spe coun sae petuinyns abuso Nat Sr" They aveexecies cu aigereeb ascent en of er ln; sa 2 TS) se'hide re igs severe sa uranane coe cee otpesodonyne aust: ytn na usanc ot crovr 2, coe natmasn nee olengarcntntatyer “Anewor No. Cour 251 mare aeatovea me cpenng ef eons aa atonymotsaeoute Stara yj ny noates tr neeoasnestsiaee na pstaton oso net FA tate The manne ha nowideanany Chea’ 221 cout acorns cametoe earnest ‘oveuin step urate mes cuisuances povaes'a nase >. Accouia unig atte or czount Mumre Sens Setanain esa ts soon o ancminey uncer nasaves R&D as ‘Rnymove seesetsorsccamneunchttiows timer st penoiaa, SATs HS “rn can eters to uner Creuse Na Zt vas RA G25 Pose Curany Depo Ast, (Ehehrisy stows sheep of nee sens fre rang Scag spoue Nob: Pro saat, ner ws no pron However. he Manual of Repuatone eed Dy s50 ana en beuréCrcuar 51 Sees ware muted) aapteytme a eae Re eae oesera otter oops: ana(o) et aminmun orm (2) apeamanegnates ro ino ‘et dpa eye au Uaing. Ea ‘5 GARNISHENT OF DEPOSITS, NCLUDNG FOREIGN DEPOSITS ‘ne ronbn agains exarnator of nau a bank copes Ger RA ACE doe et Pec Re ‘ag gomanca ® eure santacon os uognen, Tre we fea Rea such a cee an Fe fosterot ne tpt egucoses De avcoure& pucy masal Wiha sacuon presen (chine fu Gug on cssiee 179 2absimer,gaimstmehi. or ay cael cou © plaster ofan) tour goreinna agency, ora) ae cmicenve boty tues fo say Ne cam of 2 ety sme’ nat 2 Govenmen. Me PORES ‘sGiovaure or tunevattes see "es nea seanonaey 6 PENALTIES FORVIOLATION ‘459 voaon st ns aww utetne terse spt consetin ban moteomert of ot nore at {S)yereorsiract rot mare Ran ny Bouang pes (Pp S020) orbem, se deseton (uni sae eer) © GENERAL BANKING ACT ARE engaged nn nang othnscoanecin Ne fam ct ayoes. (GEL, Sec $1 | P area SOMEEREEY SIMU crear, omer, cooptve Sane ey tho be med nde ts tote under RA 1084, anes may ow hey elge nares cigh ayo Me tlowng mae oy TL scquning pun, rig upto cot af te cng tak ot tng bank E rderg rig tee stn tos coo ot antag etsy Pectores wee he Sueno SESS hn aneng sary “ser re nage sane mosce abenes. etl anatnatelay-euna = tenn oe manyowned ot porns cya Pa 1 AUnvasal tank ano nave te auton to execse in aon to me povere autoraes te = ‘onmaat crtin sean Ze ne power otf mweanemie oi ovate enang awe ape SUS WR fates Stapidersenided sneke SERS Page 24ot 38“PRT at pote 28 tay Be ecasiny fing Sn 'He esaeae of conned carung sum ae copay ate sn weg meet Sea curing ae ett Pome Sate, 225g orcesng semana sept: Sethe Sel fpeer apse castes ‘Acqutin martelabl Dons 300 ober abt saculer, 2 Eighty Vast SEs Wan wk Ss Sey Siarmaypeomugne rg andar evaence ot “Tusa was may mouse ne seternnston ot nce ang oar ott esures alghl rasnent ne “They reuse cungs ant morgage tans. pate crloamert anes, ane cox auge a ane 2Eebamione cgunane wou using awe (Rs 7Ba0- Ears A) Sais af gest mate nesta cot aati ara‘eaty sees n Meal se88 OF ‘essen me (RA 0535) cooperate Banke Siang ena aot nears ie y opens, pay roe ‘SESS AAA AIST Ta eeeoaat te Wank trast posers ALES See 3 2 DXSTNCTIONOF BANKS FROM QUASLEANKS AND TRUST ENTITIES rls ergapa ne traning ot unde tug ne stance, rcoreemant or anignnent the etoune ov abeyance or sapoet cena at Senay Mca See 7a" poboees ‘nag orpurnasng orecohanies rd ame'rcehales (G8L Se 43) ‘Avatenate fm of caning tunis fom tne pubs, cbt than oepsts, nrough ne ance, ‘hesmemert ot opines cast atoms br be Genet owe aut fe he poe eh ‘nig orpurnasng oecsabies ta ome eblatine CEA ss amend S235) “Tsp ootainig tints tom te puto“sb man oorowinaton wen @0) rms ange a oc pupce. “ener ta fer mahi and corporat eres nat rot ng 36 matt ‘emedosuet © weep eon atte MW) Hon ED BE Danke and nonaant Mancal Inemaaafes Nave Mzeaengh resret 10 IeeUAg 2 Vzret of debt ‘ite Serrano span omar or om tepak e004 eae Br es {errr ar puta resin an ser tar cegatons fut eo van tum ues tyena puta ar nrnenararalconeas erasing on nets cee nese ct ‘eons uncer re trarcal see are pee sutem, me“ or mare naa or conorae rr mae PC SOR awe Niece ea ease pees SRT aes ee {re mvecmen managomn ana four teense meds. (Ste 10ST VORNEY nk, ques ank ane Tras Ey Stovohze | uerese ana eran iendet mesma a Seqonee Seren fost 2 Corperate powers ‘Ac bans are aguteaw once at sox compre, ey snl nav th pore enuneteg unit Sean Rte dopa ne Bish peceia SETAE SY asec repo poe ceri { amarai arls of eopratonm accortance wt he provers ot Cae; Biden opine neonate moras palo, sna snesa repent De samen fesse smonn og. Tpurcnece sure xe gan tu. corey set ea, pege,nongage ara cuarwie ewan sn real sa pernnl pope, etc senste abot ofober rps, 2 Riles sass) ao en SIRS ee ft ee ge CS ay ome eomecararamenteh ness cis es cng beg rene Sates om pesinariinec ppm tie fe 1 ELSERU'E! he soes ott nl reuany cy at 8 pee Banking and incidental powers reese tars dene mee yeienc re a arene . ‘Srna eran seine conpunce an au regions oR nls (rotten ike FEST" Stamine wremer an memuten i xaninatonsy 85° SiEgE ana nan suanineg = tare nzse te any © skits ot cries whe whay oF ‘lerp-aunedsroonoisvy nebane. Gel Sa 3s autnorty ovr quat-Sanks ane Trust Ents ESSN Seo egy faa uetareety pra a Speveon ac ° 4 ILIGENCE REQUIRED OF BANKS IN VEWOF FIDUCIARY NATURE OF BANKING PRE EAL aEREEe ime vst re ot banks poany at antrormert ssnausve to be cutenes ‘evenonentot tense! exony sw ba Mucay re eroaing ht eres high Sarre © ‘apey ru parrmance lr wieutarca neat ne Sate aw) putas wa nana? s cou a0 ‘eel curing ara toneal ayn hat gany compete ayrane, ana wept © Ie ‘emanas rs anaopng eorony (LS 2) sie a equate sanlantnengractogrescfanace Ceugator to eat ne soos oft pot wthmctuba cae, says fag me He ‘ide onnereamrang. ine netsora pus) ie FCA GI Ne ees TOS) Sais a neces w exc na nenes ders of agence nme e2acen ata expert ote Sivpoyact 8) tte wey sates 0 er ante te serena regunsinty, se and ctanmnneet IEE LDL SDSS OS SDE LY URL NE gay Cem av poet $e Zot, eee mpee atin un eae wen cae ate Se eae ‘Sree ear at aca cogs ieee nigh sd og a8 prormas e ‘tonnes cine pubic ngereral eigen cages ofagenone pea anamgrelaate 2 age ot 38‘papayas pera miedo act Pgs ae ate Neeson |. NATURE OF BANK FUNDS AND BANK DEPOSITS surg of ane Func SPEER eae ou, me mney nye. (Bn roy Tex x Ameren Momeaes, ings nrustoinecagiternare Wan ep torattesng ture f Sent oepoate ENE esveg ane siren sepa ot onan paisa ia inetons sat gover by ne ponson oncoming pcan (CE A 180) S)Jeagn ote nucay rane ote bane rman win depute aun repre REE SAENGER RRP SE We fee 2 eg eee AAgeenem what eves ok pled” Meme eae Wat We tank le clges tobe naM Seranaeoegrarspetomararconpyeg wi gator ince cetad ofempe an ‘ec of aepots ae setng eile oe pene 2 asttor SSRI ELI RT eee oe Zaye por xyan racon Yon wens co. ca ang Ca, Wo Se epee nt patra oat (Cant se hots 2 ha 8427 18) suncrab a rts eats conpension (guia Prisons nase! dank GA ne 41,1099) sont 5 nee Gree on es tary tee sais at nore featur tegen eh wine» en aoe eee ee BREST ag Warn Wind ste SE Gan Same ste tl pots ans rata Sina opians we seni Srvses ane Tats neck [Shane ee ced argeritacto he stone ona actor nel oe quraarsoa outer 8 [Link] OF LOANSAND SECURITY REQUREMENTS 1 Rati of net worth tefl iskassets ‘Tih aPELIR PRESET A naa ara sean oe eS in cae ot ponconplce wi th preterbes io, he Moret Scars may mt or pron sens ‘aig o sateen ata usage ff on, oqo of Ra! seat, Mem megane, ‘gure arpa ora onc ne pots bees eae ust apt (G8L Ser 3)». Sing borroner’ int (GEL) ‘SERIDE AS Spain Ga ey er Bn dnd Sasa os ae ne woe ak ar ‘ave foragurmning conplarce win sige bovovr ln nal Seat commit eban o ‘Bebonower(oeL See 357 ‘ia nei vas ersten peed ou oes babe ary een ae cureouy erred yaa ecapie,enopngceourere, avchaure recap ree sar soca tener & Sa Svea alah Sens SE ANS See as 2 Dias ty of he make or Seapto ot pape akcouten win or sls to uEh Sank ane me ‘Sy get care eee gun nese 9 at oP SO 2 PEPSI SASS SSR REA Sccamnen satan ‘esison oray ane aty ha apa tea ari none fing auia Ss poster, slgitesso mcnsen ol a2uaarernynh an eapoater Sonzsresrges nua mwestons + RERGEEZs eae SESS, ronan, ne mest re mem at ot cary ne wana SonheeeS 2% tte. Fe Ses oS cor, ars ar oar cast aononir ar guna cise 3 SSSR A Cert teeters ancreet 3. Ghaer treo at te eeicovreaby nang ae pe Wachee Ser ay, tm te St py a8 ror ts (EL, Sz ie span ceorson,prmerep,stzlston, ery ee an nats onne ox cote 8 ‘Raper else toh ee Torn hatny Ce oar oe Movuaty tows nay sector be Goronsion fe tats ofcursaay persue & menoer oe prea, seat. et) raion naval uncer eran sunelanars, ewan butt ines ay of he ong eer >" Srzaepeaton, pneu seinen amy ori gevaes ears c ‘ft patmessiporaseocaton or ny or such naw or «. Sutadates peu eapaate aviesspemie mere) as GEparmens or sos of 2 Engle Srov (G8, See BS 6: Resuictansontameposte desis oir, sco, nde rete erat Rue: Us sear ote ot ay BONE etl, seaiy = inskeny Gr hme & a8 me Soro ta testoanc re EHTS SARS Ue ior ohne any Conse ly WHEEON. EEC SEE SS) Page 29036Sopp Te tacoma ay wp ewer pore ctne nay aie acre Suet wnten appovatena note urea br oars, oe crest sconmaratns 2b avant grated (Donsen unis mg sna sn spree sy Beso (GEL Se0 2 ‘Tre requres apova sta oe ener pen me esr of ne ane 3nd 2 cpy of sin ety Sal be ‘Winfast ne sppepmns 22> spanieng mg omnngsaarnant ee Ser oP) > ates clea cece vane tater SRE SS Ey EES SAIS + eae ae eee eee "P™Loane west sesommoaiiors ar'guataiest suet Oy aot covered se Neek gs ee romaa eran areerycoeee Not: Te unt orate, cea accamodaton ane quaanee pesetbesneatn tana por © tis Setiocenicate no anti noes asses c econ pra men wagner cg ntti Sainy Saar er ccete ena nar eae rime Seige usar Af sais of Be dapersion, ands tony othe niyo vareninad othe aoacoiate ee ‘00m wasn cnt m mean wottave an canpy wit pocenrl rapnorl cr tng ‘ecutenans perro by lw ne attcts oa loa abt. och eocoue ana she ted Sientn fetinks sostnaarsopsa se num sitasieuastoeoncra sels SEL Ee Se LY SS Notoroyer st auaneal engagein ese prone nestor: Si" guugysveraaperyofece se seu fs an ober se ascmmosatn tom [Link] of noes bah a oe eat sxommoeabn of Scenang 2 BEERS cena me tank n me een ots ont anon to oie = om or ier cat Bie a copes e gy © tance ben 8 son 2 bar o or ocak «Floating interest tes and escalation clausesFoatag nate atest ‘pute vst iaret suena Ga ot ea oaa norte eas pandan up psaing mae ‘thonene ose tou says oe» rence ‘is upon When peel rude ve ee. (Consnioeg Ear sna Pu Copostor (Sou Bnav C8 GR Me 428,201) Syrsanen oy ne r&2n¢borower ate nen otgaton sa become aus ane Fab upen ME te suc an agromert & vale, ne tank camot be gven an snes Mgt adht Be eet \SSieeraaney sed epunay San seule nope emousn) otsonrase. Povarse season Gane GA ne "ees 200) 7. PENALTIES FOR VIOLATIONS EGR Gene hee DEE Sete tacern-targe of sny nett wn, peng eaured n ‘rng ne ee sv ey me ead ote tev oa oar eae wo iprbauon i me fare cus een sab teneby z nent at at SS, 000 no more SRCrEGh Sey nprman toe aon ear Fyne, So {aripanyeswaaee vareacione ae sbjecte examnbor unde’ BisAct THCEA ae amenoed. Ser 30) tatiment uma ot ier riseany seman! en amatraltat to te Monty Bat or 10 he TEMES M RASS SSE SSE Se ‘jmproenmestofnctmore ban seat, oF oR, aie ata ote cout (NCEA ss amerces, se \olton th CBA ang one banking ane ss. requltons. orders. or nections UWharevaesnantraussoane sing mer sebaciarenanaatsierstgaaes tae cia (her anty yen Inge ne as or apaia’ eves aujen ty S20 sraneia’ ay pesos cr=rsy (fiir gate actor ober greeriarangaubergerttcea gi mgumeteg ty De SSE ary ‘Sube nesucien, Hic regen cad ty Be Moy Sood we Poture fapocbe i ack ‘ate state pees bse crrtan ra Pa eer onan ce '[Link] orremovalofdestrorofcer iin ater 2 ares eo ta ane auast2ane or rsterty te Monty foare may 2 ‘Sepetaarremovesuatarecror ce uno eaten proves oftie GB (G2 Sere) «:Dissolaton ofan ine voto le commas scam, en copgrton may be clas ny goo aren Setaedage natty ne sahara Tok Se ©. PHILIPPINE DEPOSIT INSURANCE CORPORATION ACT‘ina Po, ss boss ploy, shat promos at ctagiars he nat athe spsting ple ny rowan nerance ovenge on ture eorots ane Repng mai 3 suns Sale Eankng Sjeum hen Poe Grane See) 2 POWERS AND FUNCTIONS OF THE PHILIPPINE DEPOSIT INSURANCE CORPORATION: Gravbesongonsson menoee en EbIeCtere Ser 3) ‘componton ‘tno pong y ne eset rapes. tem ots ye wm respon 2 Besar ae San pane by ne Presser 3. EMenoes tom po seer be apport bye Pesan ot te Suppnes (ne [REPOS ea cepoat toy sal ne me ow overs rave retro bebe by anasto ‘3B Sppawt by fe Board of Dretore such ORoa ano empoyess fo at ha oiterwte proved Ecwbeacto oemetar avis, rex competes, thee fon ore ons PEN Serer ana edge us Sees ns enpoyen aie + Bipetoroe st Sov Greve, ime no neeirtutn a reguatrg me manen RES porta eaves ny a taotnn an Fo peje gadis Wye ny wo Sines Scenes a, Rcecee 9 tase orovexa ray auroras ones or age, a gone peony Hepes arog me Aca elon eel ner 2a beset Bea SRO BGS > Bekele sen wm porate onan oe ‘Beh auingplovene ot eck x. FREVSIe my enone ne reenter core cerrator mas 2h 1 bc anaytesmorsansomonyat es oman hia rina yma SereRe ah ‘Sitompromes, orator aasée, Inala m par, any oim or eties tity te POC, : eer si eakuon nena aa tinplate eae or aban set ot ‘thar Bowe ana Response 2. TRS SeNERSe ar ppmtexmnes mo save power san ay raves* gonraon ranginat mace por otro sien nem anst tan mete Enact The BOK eat fave 2a 0 repos of examraten mage by SSP and ne BSE ent nave Bisnis cpetes sxemnasaney ee TESA EE LST aN SN BE Sang ow a, usr pope koro ey omne, fy Hor E Risdting w'ly sone scan under rr ot is Soot aos hater ue censten E buinae of ry tucson a penbeon salve oe ris 9 apo) W 82 Sung et Format oe Doar of race xt ar pron aurea tem 5 wg feahe ech oats (hew PIC Chater Sec TE) {Spears copontan gal bro ty epee paar Math wn Serer Seaee erence Sthtpuimnreanaayratmmaraorcoaraa as | CONCEPT OFINSURED DEPOSITS Fete sauce toany one esos egal poets nan ns banks one catct Stu iuvat owassnesosue nee mois habe enc |LURBILITY TODEFOSTORS ‘3 Depositiatities requited abe insured wth PhilipineDepost Insurance Corporation ACL EAA SSASLLR Snrersee =) . Commensement o aby ‘ne PONC sta commence ne cesrmeaton of neared Gepses cue te pts cf 2 ceed Dank Bete cen ai ar eae sar ‘abehes appropiate y be tear Breton (New 20, a at py see ate own aU Ken, ew torn 1 iemanpe un at use terest arena oer mr mune 5 Soe ious ores coveining. adc emattrg fon neze sh ued tnkrg Pages 038gipteatn ota ene ane dest oeresudy FIC aget sic eps acon rarest 4 Depoete matarecetermnes oe tn prosees ofan unig ety 2 ene nc ASD. 36 Boat (ea Pic One Se Si) Exot craig rice ys Seat ot Oracog emer we BG nt eno mares ba ESTP AS SSE A in PTS Ge SEE ‘Sa’ fit Guscaua on na soos tion seus tank Se par'curar sa sescst. fish ‘Sion gous eae gu aout nue Sp oh a Pe SeaD ACE atm aunty cust sepcetr be Soeec vant ore reourec wen ik na omet ‘gansta cam aue on sic Ean parang he ceternaton at payne a ich Dy Of ich Rjoumroranyoueriane rear jen Pc Carer eG) nats chsrle vanes by POC. fhe oepeear cme 2ceas wan sat I calm ne neve {sje win na yer tor Soul tasers stg enaetancoy ne aver aan rat bes ‘cin wn bo 2 Years ahs wi epee FauesGspoat shal bebarea Mew eDiecretsr Sel 278) .Estrtotiatity ‘Tp pmo cst sre coeap MENGES sep pe an, en FOE rar Determination ofinsured deposits in dteming sch amount sue ay posto nee abe aoe opener a pets ne pa satan ce Gant gh suas arae arta tne ase nore ane Oe 1 Caleulaion fit |For penta par apacy a Ausep scanty» sana covet oa nartrs nme ame hr pach aoe [A pn account egress of wnetar me conpncton “ind, or, ‘ardor i ued, eat be meu Cope tomany haus suas capecsenant hu POG Chater a> 8) ste cour ane ns a more aap of yo a ote cn peers ete ‘Memasimum fared ott chal be ied ios raya! taree as bere re RaNGLo jae sont or ents, snes teen tno ipa hee cocmert faept itve aco enek by rea peor a ety ney wn one or mere naa pean, he macmam (Sedesanai nepreumedt seueg snony tush pialseocs ovary lew Peis Coane Ser Sm {Sine o ater conbatone catia, bracal prensa ee, al Mews ese Pt Soieressvamen stemie manne cares see aMose payment {peepee ee (ye a eypeigg nates pnt 2 areas cst veneer eymentot neues ceponts Paynan ofan eure cpost to any pecan ty te POIC sal dare We PDI, and payment of Sarees copoet way parton ty Ue oa ya euta tank whieh a atetereg oon Rasen mane alae al aucage he PDC sa en ew an foe aus bank to ene Bega ee gs Sal SS rie ‘he Poin, wom payment ary depo, aa be nogaeg oat ne he ine cepno agar ‘Re costa bas exe oftua payment ew PDI Crear Secon 2) \-Paymant of sure sponte ae pret coat ‘a payrensoy ve soe reves osonts mies cas ganas ot ne nature o pte os, spa ‘2 Gina bY arses retreat esr ane ee yi Mana Severna ne So ofnrerene row ance tata @ ne New Ca Ceoz Nea POL Coarey S20) Ese wera se es ype pe omen Sree dea “avtare 9 sale ne sm win ox 9 mnie om ects cng of efor nae saps Uber cence sue he eriooe cee or anpglebe ot ne "ic fasonco oe Oa) 1S ‘fpresnnet Won sb) mone woke year Oa EDK Dae See 73) . “Toapores tect appytinevatay tthe aa requn raxsten ates fae 2 oat agra, mayer agenoy ory De FIC gear ir sum oc, bos, 39. (NEY FDIS WL Fane aopontr ts clam meueaceponts (a) cannon of tanks ana aepost accounts ‘Tna901c ae bey courte tal nate ponerie cnt sarin of 226 wi pr spr fe sna Zama en FDIC Chace See 3) Not: Ne exminton canbe consuce wn tei (12 monn ton elsetxaninten ste ‘PSB ay comananon wm me sé consuls guzel umaton a ne Sone of okacoe by GSR SEEREN BAUS ESE ERS SRLS {awe De POC andi ne See may nue no or sxame Gepost atcote a 0 Inara reated ‘Bardo cate hares non oflneseo uneune basking asics (ew POIC Crane Sec 9.8) Pages 038irdnge ote O32 wnich i ela make avaiable Ne Corpasioy, wen POC Ca (oyPronoiton epee etng et cepente sprig of eaoets care wnereve' 2 capes atcourt wm 2 oustaring bain of nore mat me {busy maar snow ciaasaepssenansines unerneramectrours ose seonet SRR SAS ANG TELE chap taeda Sr HONE age Imecatapeceang cain x pave aecea bank naa), e mada peseang 2 coaze we |Guasty ne waves Soa wfne soe he pusee Sang othe maura cepst suarce Ghieogs pen toe vane See 8) (opremouonaganetissuances oteporary stag oer ‘SSRSOE RAS gam a ars eure oe ae sen ‘Tne ronbuon nt apy a at, spe or conmovarsos nema by 2 pate pany, Pe awret ‘Siar ry sue bbe aued cote NeW ee Clan, See 2 supreme cout “Pi prene Sous may neue seeing eer nunton wher te materi ot extme urgensy ‘Row Scorenutcnd te: GOH ok s Soprnycuiog bce eased ge ance ira meptare nly wn arc, put appig fre Reus oP ecg ae or unter ‘Satine s soe an aroun 30 mea ye Siprena Coun unin tong enal gue Ptr che Bote Fe cot snoustaty cease al appear wat Re aaea We at Ug (NeW PDE BES Ees ‘ny esvanng coo murcor size n vane oF Secon la ant of oe ana ene ane ‘eaeagansany ase rane hase pray ot apr ofa ey way Fecstten ates tne sno nserter tyne eDICe 3 Selancepitcs: suas sna a capt muranes Pune 5. Suoyundn sorry otoarta attr saviors snus Meaney; ama © Brevantaeinton of arepsoroftaneacees, New POL Crane, Se2 8) ‘Tre POIG, in oordnaion withthe BSP, may commence tte resoluson of abark upon — (FR) Sr akure of prompt eames salon 4s fovared by he Money Boars © ew PIC (Chaar Seo IT b. Request ey = tanita be ptces under esouton law PDIC Oneter Seo 11s) Wain 2 period of 18days fom aba’ entry int esoluton, he PDIE, though he afematve oe ofaiean @ menoes o tne Dove, oval saerine whater me cane hay Ge ence ‘hough te presses of al aessts ang attumptor of all te iabines ce merger © {onsoidaton wah, or fs sequston by qusifed avoioe (New PIC Ghar, See. Hep sons determination hy ne DIC ns th bank ay rot be resolved the Uonetagy Beary ‘3d in coeds wi therecewosip and lguldatonprocesangs under NOES, Ste 30 Page 360038{ROLE OF THE PHILPFINE DEPOSIT INSURANCE CORPORATION IN RELATION TO BANKS. 1. Clesure and takeover \Wenerer 2 bank is oxered csed bythe Monetary Boar. the FDIC shal be designated as ‘teaver and f sal pececd wih ie txeora and iqudatat he cased bart naceotne Wn A. N. S2D1 (New PDIC hater Sea. THe Notice of Closure and Takeover Activities bcs othe nahantsoning cfc’ oftna bare pase ne bark pemae. on he Sbsence of such ofcur post he notes of closure ne bank orenisesofon fs main Gnianes flew °DIC Charter Seo [5D Not: The don tn bak shal be dees fect pone ere fence fhe eccier (New POIG Chavet Sea We. The reciver shill have suthriy o use reasonable re, nang he sthariy to roe Gp ne premises cthe bese snd sxecae such ats recuecay/fvske aousl nyse Sbssesnn and cused) of he bark snd ai fs aesta fear, aoeumens and lake i (© Dhastot ofsls,empayace, er agers ofa Sanat money ans ther setae ofthe Bane in eust or uner adeiisraton or management by then fer te bank in er ‘dunia capecy (New PDE Chater Seo Tp sen serve of naive of closure to she tant. al cece fftars enployaes of pens of he cscs batk shal have he Guy timmedately accourt fo, sures ad {ifn over tothe receiver 1d provde fomaton‘elzive bo he sess. feos. and ‘face fhe ozes bark thar possess, [Link] or management Tew #o10 bhai Soe oD 4. When the czcumstances so wart, he local goternment unit and law enfocenent ing Be servos of noice ‘of cosure and actual akeover operons fo ensue Me rey conduct threo (New POIC Chere, See 143) >. Consenatrship Banks cosed fy te Monetary Bosrd shall no longes be fehabitied. The PLIC, 25 caver, Shatimmesatey poowea wih he axzover and mudaton (New FDIC Onan Seo te) .Recivarship uinonties of Reosir tn anon 1s powers 2 rece! underexsing aus, te FDIC Sao empowered © ao tne ‘Sowing age 36‘A cesed bank under rescherstip can only sue or be sued though is resener, he Pripane Export insuisnss Curersten (E010) Thus, = Sank unser vesanerane cagrot fle case witout PLICS auhoriy. (Baneo Fig Savings and Mortgage Bank WBingis Sena ngPapnas, GR No 200678 tune 2018) Gate anak charge ofl te suas, aco. nd aa ithe lone bark and Ese ine sents efthe sceea srk fo cath ooh forms of qu assets ae far as procetle ing ust anor lsbinesottna astra, oncass,engleyees. spans ott cosas fant and her evitas itd or conneteg tothe loss sant ov cola ncoier 2d preseive a uss, noun aes ver when fe tankhas equlabe meres ‘Appin or ne gersons or eres of fecoghved competence in banking, nance 2set management of remedial management 2 f& depuis, asstan o¢ agents to perfor Sch powers and Turcons the PDIC a5 raceer af ie cosed bank. of satin Be Aono or ie persons or antes of recognised cometance in rensic and fraud Pay slaved ulties era, and salarasofparonsl of the cased bask er = pared fol exceeding vee 3) nants, Fom avalabe funds of te cosed bank Colect ears an cine cams of te csed batk and forthe supose, nol Sconed advaniageos tothe niweas oftecrector of he dosed bank Hire or ret prnate counselas maybe recessay Boru or onam a oan or margnge rinige or ancurber sry stat ofthe doses bank Sour sacemay to pesene © even seegsion of te ee, se 9 aan Dedosed stecs ote cused Uank oro mine kes fo ts cepestos and casters Fike spultas intrast rte on daposis ic uniualy high coneaved with prevang Giserctnentees ae es esmnmle se Mote: Any maifetons or esuohens shal aly onto earned erunpaiintras vias aratane tunes ot te bane, noting unas generates oy tne recener rm me fonurson of seni fo pay for arate roe ard expan moured oF he Peseraion of he asst, and iquidar ofthe closed tank wihou need for spproral ine nquasson cout Note: Fr banks wth nsticent funds, be FDIC is auheraes to sdvance te eregong {on and eqences, and cole pyran, ss and wien uns beoome slink (Change easonble es forthe Iqudator of he bank fom he assets of he Kank Provided, tat payment of these fees, including any urasé advances uncer he Frm pecaerg raragaph shal be sues fo appl ye tquaabon cout Distrbute the avsiatle asses ofthe closed ban, eth or in king to ts crestor secocarce win the Ruse on Concuranes sna Pratsrence of Create und = Cull1 Ditese sere of me cesec Sank mat re no longer nesses inne lqusaton srcvalpoted and dposa of ecards and op. Exes nan sme! poners Su sre ere ana nacasartorne etasnve atnarge ot (peduter sithe Comanton arrecaver (how 2016 Chater Seo S36 ‘Afar we ayant ofa abinies ana clams aganst e closed bank, te receer shal pay fp geste ane camara othe Svees bank n siordane wen the Ruason corcuranes and Stine ced ba (Now EDIG Chair Se= 6D a-Liquazton ‘The FDIC, 25 recive is authorand © ap! and inplemere wihout need of consent the ‘Hoatmucs, 800, leer, sha degosiors ofthe Sosel bank, an) ors Combatant ‘otouing modes ofbaudaton * Conentons lever ane 2, Settee of ensis andr lites (Mew POICOharer Sc. 1D Medes of iquidaton under the New PDIC Charter “The ssets gathered bythe receive shall be evausted and vefiadas oth existence cuesrng conston, and othe for fo datame her vesieatle value (New #OIC Groner Sent) . Purchase of Assets andlor Assumption f Liabilties ‘Taerocaver sia navs the snes 29 fciats a implamant he puchave of he 35sn5 of he ced bank and ne asuragion of is lailtes y snobar Rue Hank ‘wthout ned fr arproral the iguidsion cout. The sxese f fis autory shal be Goce or ote awa, subject to uch ema and condions as he PDIG may pressbe ‘The cascston of he tansy lcenaes and othr bank icevees of he dosad tank = EDEdDjar is approval line BEE flan PONG Charen Sow 19) endo pie.