BSP Cancels Nikko FX's Registration Amid Rule Violations

BSP Cancels Nikko FX’s Registration Amid Rule Violations

The Bangko Sentral ng Pilipinas (BSP) has revoked the Nikko Foreign Exchange (Nikko FX) registration, marking it as the third money service business to face this action this year. The Monetary Board, BSP’s top policy-making body, made the decision to cancel Nikko FX’s registration as a remittance and transfer company, including money changing and foreign […]

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