Commercial Law, 2012 Bar — Question 70

MULTIPLE CHOICE

The government agency granted with the power of supervision and examination over banks and non-bank financial institutions performing quasi-banking functions, to ensure that the conduct of its business is on a sound financial basis that will provide continued solvency and liquidityis— A) The Philippine Deposit Insurance Corporation; B) The Bangko Sentral ng Pilipinas; C) The Anti-Money Laundering Council; D) The Securities and Exchange Commission.

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