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By: ManilaBulletin
Source: manilabulletin

The Bangko Sentral ng Pilipinas (BSP) will start its pilot testing of the International Transactions Reporting System (ITRS) next week for a more transparent disclosure of banks’ foreign exchange (FX) transactions.
In a memo on Wednesday, Oct. 25, BSP Deputy Governor Francisco G. Dakila Jr. reminded all banks that the dissemination of the extensible…