12 Questions
Who among the following is NOT considered a Designated Non-Financial Business and Profession (DNFBP)?
Accountants authorized to practice in the Philippines
Which of the following qualifies as a DNFBP based on the provided text?
A company service provider offering secretarial services for businesses
What is the threshold amount for a single cash transaction that would classify Real estate developers and brokers as DNFBPs?
$7,500,000
Which of the following services would categorize an individual as a DNFBP according to the text?
Managing client assets like securities
In which scenario would a casino be considered a DNFBP?
For a single cash transaction over $5,000,000
What type of service would NOT make an individual fall under the designation of DNFBP?
Providing accounting services to individuals
Which of the following is considered a Covered Person supervised by the Bangko Sentral ng Pilipinas?
Foreign exchange dealers
Who regulates Mutual benefit associations according to the text?
Insurance Commission
Which entity is NOT mentioned as a Covered Person supervised by the Securities and Exchange Commission?
Pawnshops
Who supervises Trust entities based on the provided text?
Bangko Sentral ng Pilipinas
Which of the following is NOT a Covered Person regulated by the Insurance Commission?
Quasi-banks
Who regulates Non-stock savings and loan associations?
Bangko Sentral ng Pilipinas
Learn about the entities and individuals supervised or regulated by the Bangko Sentral ng Pilipinas and the Insurance Commission in the Philippines.
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