BSP disqualifies four money service firms - BusinessWorld Online

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BSP disqualifies four money service firms - BusinessWorld Online
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THE Monetary Board of the Bangko Sentral ng Pilipinas (BSP) disqualified four more firms from securing a license after they were found operating unregistered money service businesses (MSBs). READ:

THE Monetary Board of the Bangko Sentral ng Pilipinas disqualified four more firms from securing a license after they were found operating unregistered money service businesses .

The Monetary Board also banned Sports Den Money Changer, located in Angeles City, Pampanga with Maria Carmela Tayag Arceo as the point person. According to the BSP, the four entities and any sole proprietorship owned and/or controlled by the respective owners or operations will be disqualified from obtaining a license to engage in any activity supervised by the central bank.

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