Guidelines on BSP Monetary Penalties

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BSP CIRCULAR NO. 585, S. OF 2007: Guidelines on BSP Monetary Penalties

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Title Supreme Court: Guidelines on BSP Monetary Penalties

Law: Bsp Circular No. 585, S. Of 2007

Decision Date: Oct 15, 2007

BSP Circular No. 585 establishes guidelines for imposing monetary penalties on BSP-supervised financial institutions and their officers, detailing the definitions of continuing and transactional offenses, penalty computation, late payment charges, and the process for appeals.

monetary penalties

administrative law

bsp guidelines

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