BSP Circular Letter No. 2 (2025)
Cessation of Operations of UBS AG Philippine Representative Office
BANGKO SENTRAL NG PILIPINAS
OFFICE OF THE DEPUTY GOVERNOR | FINANCIAL SUPERVISION SECTOR
CIRCULAR LETTER NO. CL-2025-002
To : All Banks and BSP-Supervised Non-Bank Financial Institutions Subject : Cessation of Operations of UBS AG Philippine Representative Office
The Monetary Board, in its Resolution No. 1468 dated 19 December 2024, noted
the cessation of operations of UBS AG Philippine Representative Office.
For information and guidance. Digitally signed by _Chuchi G. Fonacier Date: 2025.01.08 22:17:05 +08'00' CHUCHI G. FONACIER Deputy Governor
O8 January 2025