Philippine Bar review · Question

Practice question: Prohibited Transactions by Bank Directors, Officers, and Employees

Essay Medium

Practice question

Explain the prohibition on credit-approval remuneration and distinguish substance from a gift label.

Legal references

  • RA8791, General Banking Law, Sections2 and55: https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html

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