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Supplemental Report to the Financial Reporting Package on Modified and Restructured Loans of BSP-Supervised Financial Institutions

17 Jan 2022

This Accounting Alert is issued to circulate Bangko Sentral ng Pilipinas (BSP) Memorandum No. M-2022-001 dated January 11, 2022 on the submission of a supplemental report to the FRP by BSP-supervised financial institutions (BSFIs) to cover details of modified and restructured loans.

SEC Notice on MC 28 Submission Portal

13 Jan 2022

This Accounting Alert is issued to circulate Securities and Exchange Commission (SEC/Commission) notice on Memorandum Circular (MC) 28-2020 dated January 7, 2022 on the use and implementation of the new online called the MC 28 Submission Portal, including the related MC 28 Submission Portal User Guide.

Revised Rules and Procedures for Prudential Reporting Requirements and On-site Examination/Off-site Verification for Insurance and Reinsurance Brokers

11 Jan 2022

This Accounting Alert is issued to circulate Insurance Commission (IC/Commission) Circular Letter (CL) No. 2021-65 dated November 5, 2021 applicable to IC-accredited insurance and/or reinsurance brokers and its external auditors.