MORNBFI Vol. 1 - Planters Development Bank

§ 4408Q.908.12.31P30,000 a day on a per transaction basistaking into consideration the attendantcircumstances, such as the gravity of theact or omission and the size of the QB/trust entity, to be imposed on the QB/trustentity, their directors and/or responsibleofficers;c. Suspension of lending or foreignexchange operations or authority to acceptnew deposit substitutes and/or new trustaccounts or to make new investments;d. Suspension of responsible directorsand/or officers;e. Revocation of quasi-banking licenseand/or trust authority; and/orf. Receivership and liquidation underSection 30 of R.A. No. 7653.All other provisions of Sections 30 and37 of R.A. No. 7653, whenever appropriate,shall also be applicable on the conduct ofbusiness in an unsafe or unsound manner.The imposition of the above sanctionsis without prejudice to the filing ofappropriate criminal charges againstculpable persons as provided in Sections 34,35 and 36 of R.A. No. 7653.(Next page is Part IV- Page 15)Manual of Regulations for Non-Bank Financial InstitutionsQ RegulationsPart IV - Page 14a