BSP exempts PERA-UITFs from non-resident ownership rule
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Summary: The Bangko Sentral ng Pilipinas on Tuesday said it has exempted personal equity retirement account (PERA) unit investment trust funds (UITFS) from the non-resident ownership rule, allowing overseas Filipinos to invest in central bank securities.
The Bangko Sentral ng Pilipinas on Tuesday said it has exempted personal equity retirement account (PERA) unit investment trust funds (UITFS) from the non-resident ownership rule, allowing overseas Filipinos to invest in central bank securities.
According to the BSP, PERA-UITFs
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