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BSP cancels licenses of 3 money changers, remittance firmsMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has revoked the licenses of three non-bank financial institutions due to serious and persistent violations of anti-money laundering ...
According to the central bank, it has already circulated a draft circular for such measures, and is now reviewing feedback from stakeholders. “The circular would seek to require BSP-supervised ...
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