VOL. 96 ISSN 0115-0421 SUPPLEMENT TO THE Official Gazette REPUBLIC OF THE PHILIPPINES EDITED AT THE OFFICE OF THE PRESIDENT, UNDER COMMONWEALTH ACT NO. 638 MANILA, PHILIPPINES, MARCH 27, 2000 No. 13 MANUAL OF REGULATIONS FOR NON-BANK FINANCIAL INSTITUTIONS 044101-A-1 National Printing Office SECTIONS 4201Q - 4210Q (Reserved) E. DEPOSIT SUBSTITUTE OPERATIONS SECTION 4211Q Deposit Substitute Instruments 4211Q.1 Prohibition against use of certain instru- ments as deposit substitutes 4211Q.2 Negotiations of promissory notes 4211Q.3 Minimum features 4211Q.4 Physical delivery of instruments and underlying securities 4211Q.5 Regulation on additional stipulation 32 SECTION 4302Q Loan Portfolio and other Risk Assets Review System SECTION 4303Q - 4305Q (Reserved) A. LOANS IN GENERAL SECTION 4306Q Loan Limit to a Single Borrower 4306Q.1 Exclusions from loan limit 4306Q.2 Contingent liabilities inclu- ded in loan limit 4306Q.3 Sanctions.... SECTION 4307Q Interest and Other Charges 4307Q.1 Rate ceilings of interest 4307Q.2 Floating rates 4307Q.3 Effect of pre- payment 4307Q.4 Loan prepay- ment 4307Q.5 Escalation clause; when allowable 4307Q.6 Rate of interest in the absence of stipulation ....... 4307Q.7 Accrual of SECTION 4308Q Past Due Accounts... 4308Q.1 Accounts con- sidered past due....... 4308Q.2 Renewal/exten- sion........... 4308Q.3 Restructured loans.. SECTION 4309Q "Truth in Lending Act" Disclosure Require- ment '4309Q.1 Definition of terms........ 4309Q.2 Information to be disclosed........ 4309Q.3 Inspection of contracts covering credit transactions interest earned on loans .......... 4309Q.4 Posters SECTIONS 4310Q - 4320Q (Reserved) B. RESERVED SECTIONS 4321Q - 4335Q (Reserved) ............ |