PDS Operations on 13 November 2020Posted on: November 13, 2020
In line with the National Government’s suspension of government work and classes in Metro Manila and other regions on Friday 13 November 2020, the PSE Circular 2020-0097 dated 12 November 2020, the BAP Memorandum to all Member Banks dated 13 November 2020, the BSP PhilPaSS Advisory BPU-2020-105 regarding PhilPaSS Operations dated 13 November 2020 and Section 3.b of BSP Circular 1043 as amended by Memorandum M-2020-013 on the Standard Operating Procedures for Philippine Holidays for trading, clearing and settlement, please be advised that except for Registry and Depository operations, all other PDS Group operations shall remain suspended on Friday, 13 November 2020, summarized as follows:
|PDS Group Services||13 November 2020|
|Fixed Income (FI) Market Trading||CLOSED|
|FI Delivery versus Payment System||CLOSED|
|Renminbi Transfer System||CLOSED|
Standard procedures for unscheduled holiday and force majeure situations shall be observed and implemented upon the full resumption of normal operations.
All suspended PDS Group services above are expected to fully resume normal operations on Monday, 16 November 2020.
For your information and guidance.