February 10, 2004
BSP CIRCULAR LETTER
| TO | : | All Commercial Banks, Securities Dealers/Brokers and Others Concerned |
| SUBJECT | : | Foreign Investments in Shares of Stocks Acquired in The Dollar-Denominated Trading (DDT) Facility of The Philippine Stock Exchange (PSE) |
For information and guidance of all commercial banks, securities dealers/brokers and others concerned, attached is a copy of the letter of the Governor dated February 4, 2004 to the Philippine Stock Exchange (PSE), on the approval of the request of the PSE that foreign investments in shares of stock acquired in the DDT Facility be allowed special BSP registration under Section 32 of Circular No. 1389 dated April 13, 1993, as amended, subject to the conditions indicated in aforesaid letter.
(SGD.) CELIA M. GONZALEZ
Director
Ref. No.: PID04-FB02LT
February 4, 2004
Philippine Stock Exchange, Inc.
Philippine Stock Exchange Centre
Exchange Road, Ortigas Center
Pasig City
Fax Nos. 634-5113/5920
Attn. : Ms. Alicia Rita M. Arroyo
Chairperson
Re : Dollar Denominated Trading (DOT) Facility of the PSE
Gentlemen:
Please be advised that, the Monetary Board under its Resolution No. 52 dated January 22, 2004, approved your request that foreign investments in shares acquired in...
