The Monetary Board has disqualified the two (2) entities listed below and any sole proprietorship owned and/or controlled by their respective owners/operators from registering with, and/or obtaining a license from, the Bangko Sentral ng Pilipinas (BSP) to engage in any activity supervised by the BSP, for engaging in the Money Service Business (MBS) without prior BSP registration.
|Owner/Operator/ Contact Person|
|1. Feb Thirdy 1 Money Changer||Unit No. S-5, Corcel Arcade Bldg., Domestic Road St., Barangay 190, Pasay City, Metro Manila||Alberto M. Sta. Ana|
|2. Maruel Money Changer||Unit No. S-11, Corcel Arcade Bldg., Airport Road St., Barangay 190, Pasay City, Metro Manila||Ariel E. Narisma|
The above disqualification is pursuant to Section 901-N of the BSP’s Manual of Regulations for Non-Bank Financial Institutions, and is part of the BSP’s efforts to address the proliferation of entities engaged in the operation of unauthorized MSBs.