Global Financial Nucleus Regulatory System

8/9/2019 Global Financial Nucleus Regulatory System

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GLOBAL FINANCIAL NUCLEUSREGULATORY SYSTEM

(GFNRS)

ARTICLES OF AGREEMENT

NEW FINANCIAL CONTROL SYSTEMTO ALL ASBLP-UFO AFFILIATED BANKS


2/18

T R U S T

I N

G O D


3/18

TABLE OF CONTENT

ARTICLES PAGE

A. ARTICLE 1- PURPOSES 1

B. ARTICLE II- MANDATE OF GFNRS 2 AND RESOURCES OF UFO

C. ARTICLE III-MEMBERSHIP AND CAPITAL OF GFNRS 3

D. ARTICLE IV-BANK MINIMUM CAPITALIZATION 3

E. ARTICLE V- MANAGING PARTNERS 3F. ARTICLE VI-GENERAL PROVISION RELATING TO !-"RECIEVERSHIP AND LI#UIDATION

G. ARTICLE VII- OPERATION "-$

H. ARTICLE VIII- ORGANIZATIONAL MANAGEMENT $-%

I. ARTICLE I&- WITHDRAWAL AND SUSPENSION OFOWNERSSTOCKHOLDERS MEMBERS OF GFNRS '-

. ARTICLE &-STATUS IMMUNITIES AND PRIVELEGES -1*-11

K ARTICLE &I- AMENDMENTS 12

L.ARTICLE &II-INTERPRETATION 12

M. ARTICLE &III-APPROVAL DEEMED 12

N.ARTICLE &IV-LIFE OF THE GLOBAL FINANCIAL NUCLEUS REGULATORY SYSTEM (GFNRS) 13

O.ARTICLE &V-HOST NATION GOVERNMENT 13 LIMITATION ON THE GFNRS

P.ARTICLE &VI-FINAL PROVISION 13


4/18

THE CREATION OF THE GLOBAL FINANCIAL NUCLEUS REGULATORYSYSTEM (GFNRS)

ARTICLES OF AGREEMENT

T+, G,/0,0 0 +4, 5,+678 +, 9/,4,0 A:/,,,0 ;4 4;:0,< 6:/,,4 648774=

INTRODUCTORY ARTICLET+, G7567 F;060>;67 N?>7,?4 R,:?76/@ S@4, (GFNRS) ;4 ,4657;4+,< ;0>97;60>, +, C/,6;0 8 U0;,/467 F?0< O/:60;6;0 (UFO) A/;>7,4 8

A:/,,,0 S,>;0 != (;;) F;060>;67 C0/7 S@4, 88;>;67 >/,6,< ?0;01. T +, P+;7;99;0,4T+, 9?/94,4 8 +, GFNRS 6/, +, 877;0:=

A. TO MAKE BANKING ON A VERY SIMPLE AND ACCESSABLE TO ALL

B. TO INSURE THE DEPOSITS OF ALL BANKS AFFILIATED TO ASBLP-UFOWHICH IS ENTITLED ONE HUNDRED PERCENT (1**) PLUS INTERESTINSURED TO BE RECEIVED BY THE DEPOSITORS

C. TO INSURE THAT ALL THE BANKS UNDER ASBLP-UNIVERSAL FUNDORGANIZATION (UFO) HAVE MINIMUM E#UITY CAPITALIZATION BASED ONBANK CLASSIFICATION

D. TO INSURE THE MINIMUM E#UITY CAPITALIZATION IS ONE IS TO ONE RATIO

(1=1) BASED ON THE TOTAL DEPOSITORS DEPOSIT AT BEGINNING OF THEYEAR

E. TO INSURE THAT ALL ASBLP-UFO (UNIVERSAL FUND ORGANIZATION)AFFILIATED BANKS NATION INDIVIDUAL CURRENCY WILL BEDEMONITIZED AND BE BACKED-UP BY PRECIOUS COMMODITIESGOLD

F. TO INSURE THAT ASBLP-UFO AFFILIATED BANKS WILL BE ESTABLISHED INALL THE MUNICIPALITIES AND CITIES NATIOWIDE TO CATER THE NEEDS OFPROSPERITY AND DEVELOPMENTAL FUNDS UNDER THE COUNTRYSIDEFOREVER GREEN PROECT PROGRAM AND ATTACHED PROECTS THAT

WILL SUPPORT THE RURAL ECONOMIC GROWTH

G. TO INSURE THAT THE FUNDS RELEASED FROM THE ASBLP-UFOAFFILIATED BANKS WERE USED AS INSTRUCTED UNDER THE SPECIFICHUMANITARIAN ENVIRONMENTAL AND SPIRITUAL PROECTS

P6:, 1-A/;>7,4 8 GFNRS

ARTICLE II


5/18

MANDATE

A.TO PROVIDE PROTECTION TO THE DEPOSITORS DEPOSITS

B. TO INSURE TO FOLLOW THE ANTI-MONEY LAUNDERING LAW AND WAIVINGLIFTING OF BANK SECRECY LAW TO ALL THE ASBLP-UFO AFFILIATED BANKS

C. TO PROHIBITE ALL ASBLP-UNIVERSAL FUND ORGANIZATION (UFO) AFFILIATED BANKS FINANCIAL INSTITUTIONS CLIENT CORPORATIONS AND INDIVIDUALS IN INVESTING INTO SHARE OF STOCKS AND CREDIT CARD IN THE PHILIPPINES AND ABROAD

D. TO INSURE THAT LOANS RELEASED WILL NOT BE USED TO ANY ILLEGAL PROECTS CORRUPTION IN GOVERNMENT PROECTS WHITE SLAVERY ILLEGAL DRUGS ALCOHOLIC DRINKS CASINO

CIGARRETES AMMUNICITION ILLICIT ACTIVITIES AND OTHER RELATED ACTIVITIES TO REBELLION OR WAR

E. TO INSURE TRANSPARENCY TO ALL DEPOSITORS AND CLIENT THROUGH ESTABLISHING DAILY REAL TIME CLOCK RECORDING OF CASH RECEIVED AND RELEASED OF ALL ASBLP-UNIVERSAL FUND ORGANIZATION (UFO) AFFILIATED BANKS NATIONWIDE TO WORLDWIDE

F.TO MAKE IMMEDIATE AUDIT ANYTIME ON ALL BANKS AFFILIATED TO UNIVERSAL FUND ORGANIZATION (UFO) THAT DECREASED CASH AVAILABLE BALANCE LESS THAN FIFTY PERCENT ("*) OF THE STARTING CASH E#UITY CAPITALIZATION

G. TO ACT AS RECIEVER AND LI#UIDATOR TO AUTOMATICALLY TAKE- OVER ALL AFFILIATED BANKS OF ASBLP-UNVERSAL FUND ORGANIZATION (UFO) BANKS CANNOT REACH MINIMUM E#UITY CAPITALIZATION OF ONE IS TO ONE RATION (1=1) BASED ON

DEPOSITORS DEPOSIT EVERY FIRST DAY OF YEAR OPERATION

H. TO PROMOTE AND SAFEGUARD THE INTERESTS OF THE DEPOSITINGPUBLIC BY WAY OF PROVIDING PERMANENT AND CONTINUING 1**INSURANCE COVERAGE TO ALL DEPOSITS

I. TO INSURE SAFEGUARD AND SUSTAINABILITY OF THE ASBLP-UFO

RESOURCES TO CATER THE FINANCIAL NEEDS OF ALL THE PEOPLE OFTHE WORLD THROUGH FINANCING THE HUMANITARIAN ENVIRONMENTALSOCIAL AND SPIRITUAL PROECTS WORLDWIDE

P6:, 2-A/;>7,4 8 GFNRS


6/18

ARTICLE IIIMEMBERS AND CAPITAL OF GFNRS

S,>;01. M,5,/4+;9The GFNRS Members are all the present 1,000 ++ BANKS under the

ASBLP-UFOAffiliated Banks and others qualified Bank/s to be establishedmembers inludin! indi"idual nation #entral Bank/s

S,>;0 2= A?+/;,< C69;67The Authori$ed #apital of the %lobal &inanial Nuleus 'e!ulator( S(stem)GFNRS* ill start from T,0@ T/;77;0 U0;,< S6,4 D776/4(US2*************.*** or H,/;6:, G7< ,?;67,0 8/ 1****M,/;> T04 23**** M,/;> T04

S,>;03. I0;;67 A6;7657, F?0;0 1= M606:;0: P6/0,/42n.ase an( of the 1,000 ++ Banks of the ASB3.& Affiliated Bank/s annotreah to the Minimum 4quit( #apitali$ation, Bank ners/Stokholders illha"e the option to beome Mana!in! artners based on their 4quit(#apitali$ation or Sell the partial/hole nership 4quit( #apitali$ation to%&N'S

P6:, 3-A/;>7,4 8 GFNRS

ARTICLE VI


7/18

G,0,/67 P/;4;04 R,76;0: R,>,;,/4+;9 60< L;?;;0 1= U46:, 60< O5,>;,4)a* The resoures of %lobal &inanial Nuleus 'e!ulator( S(stem

)%&N'S* ill be used for 1006 insurane pa(ment of all the -epositorsdeposits plus )+* interest and other pa(ables of partiular bank/s

pa(able )loal urren( denomination ith %old baked.up*

)b* To immediatel( take.o"er to bank/s nership hen ASB3.&Affiliated Bank/s dereased #ash A"ailable Balane less than 706based on the first da( of the (ear #ash Balane not affetin! the re!ularbankin! operation, internal audit ill be onduted ithin Thirt( )80*da(s and final findin!s ill be sent to %&N'S Board of Trustees and& Board of Trustees

)* ith the folloin! pro9et/s ob9eti"es: 1stTo help to uplift the li"in!onditions of the people of the orld partiularl( the poor ;nd To protet

the Mother 4arth from total 4n"ironmental destrution and 8rd

To 'eturnBak the faith of the people in %od/ne %od

S,>;0 2= L;;6;04 8 E?;@ C69;67;6;0 8 M,5,/4No 3imitation of 4quit( nership #apitali$ation but not need belo ne is tone 'atio )151* based on the Total -epositors -eposit in the first da( of the(ear

S,>;0 3= D,67;0: 5,,,0 M,5,/4 60< +, GFNRS%&N'S shall deal ith ASB3.& Affiliated bank/s onl( throu!h the ma9orit(

equit( oner/s/, same stok holder/s, emplo(ee/s in.ase of nsafe andnsound Bankin! raties

S,>;0 != C0+ +, B60 O0,/4 O88;>,/4 ,97@,,4/,76;,4 9/+;5;,< G?6/60,, / M6, L604

All Bank/s ASB3.& Affiliated is prohibited to !uarantee, partiipate in, ormake loans to an( Bank ners, Stokholder/s, ffiers, 4mplo(ees,relati"es, member or an( politial sub.di"ision thereof and an( business,industrial, and a!riultural enterprise in the territories of a member, and

%&N'S Board of Trustees ill issue #orporate and 4mplo(ees oli( ithSantions to Bank ners and 4mplo(ees a!ainst nsafe and nsoundBankin! raties

P6:, !-A/;>7,4 8 GFNRS


8/18

S,>;0 "= W6;,/ 8 M6/;@677 S>+7 All deision of the%&N'S Board of Trustees is final and e?eutor as in internal #orporate oli(

S,>;0 $= I77,:677@ R,7,64,< F?0 2f ners/Stokholders annotreturn the total ille!all( released funds a -eed of Assi!nment of 4quit(nership and 'eturn A!reement ill be e?euted in fa"or of %&N'S

S,>;0 %= R,67 T;, C7> 8 C64+ A6;7657, B6760>,

All ASB3.& Affiliated Banks shall keep and maintain a true and auratestatement on dail( reei"ed/deposited and released ash b( establishin! 'ealTime #lok #ash reei"ed and released for transparen( to all -epositors and

Bank nersS,>;0 '= U4, 8 L604 G?6/60,,;96,< ;0 / 67,4 8 GFNRS


9/18

S,>;0 = T,/4 60< C0

ARTICLE VIIO9,/6;0

S,>;0 1= O9,/6;0The %&N'S peration ill be mana!ed b( the 2nternational Bankin!#ommission )2B#*/T'ST older ner of #ash and %old Bak.up, ASB3.& and Appointed #orporate 'epresentati"e/s

S,>;0 2= P/;/;@ ,4657;4+ +, N, B60;0: C0/7 S@4,2n the hilippines the pilot and start the establishment and implementation ofthe ne bankin! ontrol s(stem alled %lobal &inanial Nuleus 'e!ulator(

S(stem )GFNRS)to all the ASB3.& Affiliated Banks to be used to thepriorit( Spiritual umanitarian 4n"ironmental ro9ets startin! from 3oans forSoial ension &unds for the @eterans, Senior and 4lderl( #i"ilians orldideill start in the hilippines to immediatel( be folloed b( the poorestNations/#ountries

S,>;0 3= A44,44,0 8 677 ASBLP-UFO A88;7;6,< B604The Assessment rate ill not e?eed 1/7 of 16 )ne erent* per annum ofall Bank -epositors -eposits

S,>;0 != A6;765;7;@ 60< T/6048,/65;7;@ 8 C?//,0>;,4The %&N'S ill aept all nation indi"idual urren( ith reious#ommodities )%old* Baked.up omin! from ASB3.& Affiliated Bank/sorldide

P6:, $-A/;>7,4 8 GFNRS


10/18

B. I0-;0< N6;067 P/4The %&N'S ill aept and reo!ni$e the form of pa(ment entered b( theT'ST/2nternational Bankin! #ommission )2B#*, ASB3.&, AffiliatedBanks, %lobal Trade r!ani$ation )%T*, %lobal 4n"ironmental r!ani$ation)%4* and other %lobal A!enies to be reated

)a* The 3oan an be pa(able in other form of urrenies, metal, or Nationalroduts to be omputed equi"alent to the amount of loan amount pa(able b(the Borroer/#ountries/Nations to be oordinated to the Tradin! Marketin!

Arm of & the %lobal Trade r!ani$ation )%T* under Sell, Sell, Sell )SSS*Sheme of 106.106.106 Ma?imum Mark.up of Ten erent )106* after all#ostin! of National roduts ai"in! all tariff, National roduts must firstsatisfied the domesti onsumption and ;76 reser"e before it ill allo to sellto %T

)b* #alamities, e"ents be(ond ontrol and ar are reasons for moratorium of

pa(ment of 3oan/s prinipal and interest or loan restruturin! to be !i"en toborroers

S,>;0 "= M,+< 8 M,,;0:4 L;65;7;;,4 8 +, ASBLP-UFO A88;7;6,64, 8 D,86?74. 2n ase of default on loans made, partiipated in,or !uaranteed b( the ASB3.& Affiliated Bank/s5)a* The bank oners/stokholders shall make suh arran!ement as ma( befeasible to ad9ust the obli!ations under the loans, inludin! optionalarran!ement to beome a Mana!in! artner/s or sell partial/all equit(

apitali$ation under or analo!ous to those pro"ide in Artile @ Setion ne)1*

ARTICLE VIIIO/:60;6;067 M606:,,0

1. T+, S/?>?/, 8 GFNRSThe 2nternational Bankin! #ommission)2B#* T'ST/ASB3.& and#orporate 'epresentati"e/s ill mana!e and operate in ooperatin! andadaptin! the harter, duties and responsibilities of the ni"ersal &undr!ani$ation )&*, ASB3.& Affiliated Banks, %lobal Trader!ani$ations )%T*, %lobal 4n"ironmental r!ani$ation )%4* )to bereated*, #entral Bank/s, National Treasur( )NT* hilippine -eposit2nsurane #orporation )-2#*, Seurities and 4?han!e #ommission )S4#*,hilippine 2nsurane #ommission )2#* hilippine 2slami Al.Amanah Bank)2AAB* as a ministerial referenes in pri"ate orporate apait( ider to bee?panded !lobal in sope

P6:, %-A/;>7,4 8 GFNRS


11/18

2. E;4;0: M609,/ 2n.ase the %&N'S beame a Duasi #orporation, All e?istin! manpoera!enies )BS,NT, -2#, S4#, 2#, E 2AAB* ill be retained additional&inanial 4?pert ill be hired for !lobal e?pansion

ARTICLE I&W;++7;01= R;:+ 8 M,5,/4 W;+ ners/Stokholders annot ithdra as

member/s from %&N'S unless all finanial obli!ations has been paid b( theStokholders/ners in #ash, 4quit( nership or in.kind

ners/Stokholders of ASB3.& Affiliated Bank/s , after full( paid ma(an( time ithdra b( transmittin! a notie in ritin! to the %&N'S and &at its prinipal offie/s> ithdraal shall beome effeti"e on the date suhnotied is reei"ed

S,>;0 2= T6,-,/ 8 O0,/4+;9 ASBLP-UFO A88;7;6,< B604)a* 2f a affiliated bank/s member used the 3oan roeeds to ati"ities related

to ar, lo!isti arsenal, firearms, ille!al dru!s and other ille!al ati"ities

)b* 2f a member fails to fulfill an( of its obli!ations to %&'NS and %T ithout"alid le!al reason/s, %&'NS ill Take.o"er as ner/s suspend or

permanentl( terminated its former ner/s membership as the ase ma( be>The suspended Stokholder/s/ners/s shall automatiall( ease to be amember ne )1* (ear from the date of its suspension unless deision is takenb( the %&'NS Board of Trustees to restore the members to !ood standin!

hile under suspension a ners/Stokholders of ASBB3.&Affiliated Banks shall not be entitled to e?erise an( ri!hts under thisa!reement e?ept the ri!ht to ithdra, but remain sub9et to obli!ation

P6:, '-A/;>7,4 8 GFNRS


12/18

S,>;0 3= S,7,,0 8 A>>?04 ;+ S>+7;0 1= P?/94, 8 +, A/;>7,To enable the %&N'S to full the funtions ith hih it is entrusted, thestatus, immunities and pri"ile!es set forth in this Artile shall be aorded tothe %&N'S in the territories of eah ASB3.& Affiliated Banksmember/ountr(/nation

S,>;0 2= S6?4 8 GFNRS

The %&N'S shall poses full 9uridial personalit( as ri"ate or a Duasi.r!ani$ation )like the ni"ersal &und r!ani$ation )&* throu!h 3etter of2nstrution )32* from Kin! Anthon( Santia!o Martin.indsor, and in

partiular, the apait()i* to ontrat )ii* to aquire and dispose of immo"able and mo"able propert(:)iii* to institute le!al proeedin!s

P6:, -A/;>7,4 8 GFNRS


13/18

S,>;0 3= P4;;0 8 +, GFNRS ;+ R,:6/,44Ations ma( be brou!ht a!ainst %&N'S onl( in a Supreme #ourt ofompetent 9urisdition in the territories of a member/ountr( in hih the%&N'S has an offie, has appointed an a!ent for the purpose of aeptin!

ser"ie or notie of proess, or has issued or !uaranteed seurities, No ationshall, hoe"er, be brou!ht b( members or person atin! for or deri"in! laimsfrom members> The propert( and assets of the %&N'S shall, here"erloated and b( hoe"er held, be immune from all forms of sei$ure,attahment or e?eution before the deli"er( of the final 9ud!ment a!ainst the%&N'S

S,>;0 != I?0;@ 8 A44,4 8/ S,;?/,ropert( and assets of the %&N'S, here"er loated and b( hoe"er held,shall be immune from searh, requisition, onfisation, e?propriation or an(

other form of sei$ure b( e?euti"e or le!islati"e ation

S,>;0 "= I?0;@ 8 A/>+;,4The arhi"es of the %&N'S shall be in"iolable

S,>;0 $= F/,,;04To the e?tended neessar( to arr( out the question pro"ided for in this

A!reement and sub9et to the pro"isions of this A!reement, all propert( andassets of the %&N'S shall be free from restrition, re!ulations, ontrols andmoratoria of an( nature

S,>;0 %= P/;;7,:, 8/ C?0;>6;0The offiial ommuniations of the %&N'S shall be aorded b( eahmember the same treatment that it aord to the offiial ommuniations ofthe other members/ountries

S,>;0 '= I?0;;,4 60< P/;;7,:,4 8 88;>,/4 60< E97@,,4All !o"ernor, e?euti"e diretors, alternates, offiers and emplo(ees of the%&N'S shall be immune from le!al proess ith respet to at performed b(them in their offiial apait( e?ept hen %&N'S ai"es this immunit(

)i* Not bein! loal nationals, shall be aorded the same immunities

from immi!ration restritions, alien, re!istration requirements andnational ser"ie obli!ations and the same failities as re!ardse?han!e restritions as are aorded b( members to therepresentati"es, offiials and emplo(ees of omparable rank of theother members

)ii* Shall be !ranted the same treatment in respet of tra"elin! failitiesas in aorded b( members to representati"es, offiials andemplo(ees of omparable rank of other members


14/18

P6:, 1*-A/;>7,4 8 GFNRS

S,>;0 = I?0;@ 8/ T66;0

)a* The %&N'S, its assets, propert(, inome and its operations andtransations authori$ed b( this A!reement, shall be immune from all

ta?ation and from all ustom duties> The %&N'S shall also immunefrom liabilit( for the olletion or pa(ment of an( ta?/dut(

)b* No ta? shall be le"ied on or in respet of salaries and emoluments paidb( the %&N'S or e?euti"e diretors, alternates, offiials or emplo(eesof the %&N'S ho are not loal iti$ens, loal sub9ets, or other loalnationals

)* No ta?ation of an( kind shall be le"ied on an( obli!ations or seurit(issued b( the %&N'S b( hoe"er held>

)i* hih disriminate a!ainst suh obli!ations or seurit(solel( beause it is issued b( the %&N'S: or)ii* 2f the sole 9urisditional basis for suh ta?ation is the plae or

urren( in hih it is issued, made pa(able or paid or theloation of an( offie or plae of business maintained b( the%&N'S

)iii* No ta?ation of an( kind shall be le"ied on an( obli!ation orseurit( !uaranteed b( the %&N'S b( hoe"er held

)i"* hih disriminates a!ainst suh obli!ation or seurit( solel(beause it is !uaranteed b( the %&N'S: or

)"* 2f the sole 9urisditional basis for suh ta?ation is the loation ofan( offie or plae of business maintained b( the %&N'S

S,>;0 1*= A997;>6;0 8 A/;>7,All nations/ountries ere the ASB3.& Affiliated Banks are loated andinterested to ha"e stable, simple bankin! s(stem and an a"ail fundin! forreonstrution and rehabilitation of their ountr(/nation shall take suh ationas it is neessar( in its on territories/ountries for the purpose of makin!effeti"e terms of its on la the priniples set forth in this Artile and shallinform the %&N'S of the detailed ation hih it has taken

ARTICLE &IA,0


15/18

P6:, 11-A/;>7,4 8 GFNRS

)* Amendments shall enter into fore for all members three )8* months afterthe date of formal ommuniation unless a shorter period is speified in theirular letter/%&'NS offiial letter

ARTICLE &III0,/9/,6;0

)a* An( question of interpretation of the pro"isions of this A!reement arisin!beteen an( ASB3.& Affiliated Banks member and the %&N'S orbeteen an( Affiliated Banks members of the %&N'S shall be submitted to%&N'S Board of Trustees for their deision

)b* 2n.an(.ase here the resident ha"e !i"en a deision under )a* abo"e,

an( member ma( require that the question be referred to the %&N'S Board ofTrustees, hoGs deision is final>

)* hene"er a disa!reement arises beteen the %&N'S and a ASB3.&Affiliated Banks ountr(/nation/member hih has eased to be a member, orbeteen the %&N'S and an( members durin! the permanent suspension ofthe %&N'S, suh disa!reement shall be submitted to arbitration b( thetribunal of &i"e )7* arbitrators, one appointed b( the %&N'S, another b( theountr(/member here the ASB3.& Affiliated Bank/s loated and anumpire ho, unless the parties otherise a!ree, shall be appointed b( the

resident of the %lobal Trade r!ani$ation )%T*, and ni"ersal &undr!ani$ation )&*, and %lobal 4n"ironmental r!ani$ation )%4* or suhother authorit( as ma( ha"e been presribed b( re!ulation adapted b( the%&N'S> The umpire shall ha"e full poer to settle all questions of proedure

ARTICLE &IIIA99/67 D,,,< G;,0

hene"er the appro"al of ASB3.& Bank Authori$ed Si!nator( Kin!

Anthon( Santia!o Martin.indsor throu!h 3etter of 2nstrution )32* for the

offiial reation of %lobal &inane Nuleus 'e!ulator( S(stem )%&N'S* toser"e as the &inanial #ontrol S(stem to All the ASB3.& 1,000+++

Affiliated Banks orldide is required before an( at ma( be done

P6:, 12-A/;>7,4 8 GFNRS


16/18

ARTICLE &IVL;8, 8 +, G7567 F;060>;67 N?>7,?4 R,:?76/@ S@4, (GFNRS)

The 3ife of the %lobal &inanial Nuleus 'e!ulator( S(stem )%&N'S* is forminimum of ne undred )100* Hears and future life of operation ill basedon the 3ife of the ASB3.& )ni"ersal &und r!ani$ation* to implement

the mandated task embodied on the Artiles of %lobal &inanial Nuleus'e!ulator( Stem )%&N'S*, Se"en )I* (ears before the e?piration of the 100(ears life period of %&N'S, %&N'S Authori$ed ffier/s ill inform the ostNation %o"ernment here the %&N'S loated their position to ontinue foranother 100 (ears or terminate the operation of %&N'S

ARTICLE &VH4 N6;0 G,/0,0 L;;6;0 0 G7567 F;060>;67 N?>7,?4

R,:?76/@ S@4, (GFNRS)

ost Nation %o"ernment partiipation in peration and Mana!ement of the%lobal &inanial Nuleus 'e!ulator( S(stem )%&N'S* is limited todomesti/loal issues and territorial 9urisdition, outside the ost Nationterritorial 9urisdition is disretionar( deision of the & to ha"e the ser"iesand the support of the ost Nation %o"ernment resoures

ARTICLE &VIF;067 P/;4;0

S,>;0 1= E0/@ ;0 F/>,=

This A!reement shall enter into fore hen Kin! Anthon( Santia!o Martin.indsor Authori$ed Si!nator( of ASB3.& issued 3etter of 2nstrution)LOI) in the reation of the %lobal &inanial Nuleus 'e!ulator( S(stem)%&N'S* to ser"e as the &inanial 'e!ulator( S(stem to All the ASB3.&1,000+++ Affiliated Banks orldide

S,>;0 2= L>6;0 8 H,6< O88;>, 8 GFNRSSine the ead ffie of the ASB3.& )ni"ersal &und r!ani$ation* is inthe hilippines, the ead ffie of the %lobal &inanial Nuleus 'e!ulator(S(stem )%&N'S* ill be loated also in the hilippines to ser"e as the

&inanial 'e!ulator( S(stem of All ASB3.& 1,000+++ Affiliated Banksorldide and make this nation not onl( the 3i!ht of Asia but the 3i!ht of thehole orld

S,>;0 3= I08/6;0The %&N'S and ASB3.& ill inform all onerned !loball( throu!hSoial Media 2nternet at the 2nternational and -omesti Notie in the2nan!pilpinas>87 media faebook and ni"ersal &und r!ani$ation inthe 2nternet


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P6:, 13-A/;>7,4 8 GFNRS

GOD

BLESS

US ALL


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Global Financial Nucleus Regulatory System

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