Compliance with KYP Policy in Pawnshops

Ask AI

BSP MEMORANDUM NO. M-2013-020: Compliance with KYP Policy in Pawnshops

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Compliance with KYP Policy in Pawnshops

Law: Bsp Memorandum No. M-2013-020

Decision Date: May 9, 2013

All pawnshops are mandated to comply with the Know Your Pawner Policy by verifying the ownership of pawned items and requiring valid identification documents, with strict penalties for non-compliance.

END