(FXCL) Markets Ltd. is compensated by the spread. Leverage may increase gains or losses.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. You should make sure you understand the risks involved, seeking for independent advice if necessary.

Registered by the Financial Services Authority (‘FSA’) number 1637 CTD 2018. FXCL Markets Ltd. registered office: Suite 305, Griffith Corporate Center, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines.

Base information about Forex SCAM company:

Real adress in Philipines and company name is:

Company Name: Outstrive
Address: 3rd Floor 399 Enzo building, Makati, Philippines
Phone: +1 (347) 891-7520

Top managment of stealer who scam money of clients:

Juan Belleza Jr
Team Leader
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines
639776459387 / 639155292409

Lea Jean Belleza
2056 D Kahilum 1 Barangay 870 Zone 95 Pandacan Manila, Philippines

James Tulabot
Team Leader

Allen Roel Costales
Sale Manager
522 Tanglaw St. Mandaluyong City Barnagay Plainview

Kristoff Salazar
Sale Team Leader
Unit 1414 Kumagawa Bldg River City Brgy 880 Sta. Ana Manila, Philippines

Xanty Octavo
Sale Manager
8137 Yabut Street Guadalupe Nuevo Makati City , Philippines

Virgilito Dada
Account Manager

Elton Danao
Sale Manager
639175048891 / 639991854086

All of this persons need be condemned and moved in Jail.

!!!!!STOP STEAL Philippines MONEY!!!!!!

Cash receipts and payments from investments, loans and other contracts held for dealing or trading purposes, which are similar to inventory acquired specifically for resale. A cooperative shall present an analysis of expenses based on the function of expenses within the cooperative where expenses are aggregated according to their function as part of cost of sales or, for example, the costs of distribution or administrative activities. At a minimum, a cooperative should disclose its cost of sales separately from other expenses. A cooperative whose financial statements comply with the Philippine Financial Reporting Framework for Cooperatives shall make an explicit and unreserved statement of such compliance in the notes. Financial statements shall not be described as complying with the Philippine Financial Reporting Framework for Cooperatives unless they comply with all the requirements of this framework. A cooperative shall not offset assets and liabilities, or income and expenses, unless required or permitted by this framework. At initial recognition, a cooperative shall measure assets and liabilities at historical cost unless this framework requires initial measurement on another basis such as fair value.

Factors such as a change in how an intangible asset is used, technological advancement, and changes in market prices may indicate that the residual value or useful life of an intangible asset has changed since the most recent annual reporting date. If such indicators are present, a cooperative shall review its previous estimates and, if current expectations differ, amend the residual value, amortization method or useful life. The cooperative shall account for the change in residual value, amortization method or useful life as a change in an accounting estimate. A cooperative shall allocate the depreciable amount of an intangible asset on a systematic basis over its useful life. The amortization charge for each period shall be recognized as an expense, unless another section of this framework requires the cost to be recognized as part of the cost of money stealers an asset such as inventories or property, plant and equipment. A cooperative shall recognize expenditure incurred internally on an intangible item, including all expenditure for both research and development activities, as an expense when it is incurred unless it forms part of the cost of another asset that meets the recognition criteria in this framework. The cost of an item of property, plant and equipment is the cash price equivalent at the recognition date. A condition of continuing to operate an item of property, plant and equipment (e.g. a bus) may be performing regular major inspections for faults regardless of whether parts of the item are replaced. When each major inspection is performed, its cost is recognized in the carrying amount of the item of property, plant and equipment as a replacement if the recognition criteria are satisfied.

Singapore, Thai firms to develop, sell nonfungible token assets to gamers

For goods purchased from a supplier on short-term credit, a payable is recognized at the undiscounted amount owed to the supplier, which is normally the invoice price. For loans receivable to members, a receivable is recognized for the difference between the gross receivable and the related unearned interest income. For a long-term loan made to another entity, a receivable is recognized at the present value of cash receivable from that entity. Demand and fixed-term deposits when the cooperative is the depositor, e.g. bank accounts.

  • Nowhere is this more evident than in developing countries, where the advent of information technology and electronic communication has helped to bring tax administration out of a pen-and-paper cosmos into the world of fiber-optic technology, Internet access, and electronic fund transfers.
  • Upon receipt of tax payments, the Revenue Collection Agents are required to issue Revenue Official Receipts to the paying taxpayers.
  • Compared to the Bureau’s annual collection target, which increases by almost 12% every year , the BIR’s cost-to-collect has been declining from P 0.93 in 1996 to P 0.77 in 1999.
  • Furthermore, IPOPHL fees for IP services vary for big entities vis-à-vis small entities.

In case of violation thereof, the concerned officer and employee of the covered institution and media shall be held criminally liable. It need not have an electronic system of flagging and monitoring transactions but shall ensure that it has the means of flagging and monitoring the transactions mentioned in § X807.2. It shall maintain a register of all Sts that have been brought to the attention of Senior Management whether or not the same was reported to the AMLC. Shell company/ Shell bank – A covered institution shall undertake banking relationship with a shell company with extreme caution and always apply enhanced due diligence on both the entity and its beneficial owner/s. Type of service/products/transactions to be entered with the covered institution.


The Land Registration Authority and Land Transportation Office are simultaneously undergoing comprehensive computerization development and acquisition programs. In a matter of time, these two offices will be able to better service the requirements of its publics when it can offer remote or electronic filing of registration documents and payment of fees and licenses. Aside from the BIR, other tax collecting or permit issuing government offices are also on its way to providing the necessary facilities for the public to transact with them via the Internet or on an on-line basis. Among others, these include such agencies as the Bureau of Customs, the treasurers of the local government offices, the Land Transportation Office, and the Land Registration Authority. Once these government agencies have put in the necessary facilities, taxpayers will then be able to file their tax returns and pay their taxes by using their computers that shall be connected to these government offices via internet.

With all of these developments and successes by the various government tax collecting offices, it will just be a matter of time when paying taxes will be a pleasant experience in the forthcoming age of cybertaxation. However, we can make a reasonable analysis of the likely tax scenario, including problem areas, applying existing local tax laws and regulations on conventional commerce. But the BIR is not at all unaware of the concept and challenges presented by the information technologies that underlie this new way of doing things. It has keenly observed developments in this field and has taken due notice of the outcome of international symposia and conventions on E-Commerce taxation such as the APEC-OECD Symposium on International Business Taxation and the latest OECD report on the taxation framework for electronic commerce.

The type of biometric authentication you can enable will be dependent on your mobile device but will either be your fingerprint, or your FaceID. Interest shall be computed based on daily available balance and credited to the account at the end of the month or start of the following, less of applicable withholding tax. Komo is a digital banking service product of East West Rural Bank, Inc., a wholly owned subsidiary of East West Banking Corporation. Successful traders are those who have been able to optimize their life to success irrespective of the field.
LGUs Q3 revenues dip mildly to 208 9B
The National Government finances its operations and investments from three fund sources, namely, revenues from tax and non-tax sources, borrowings, and withdrawals from available cash balances. Although most of the resources required for public spending are raised each year through taxation, the NG raises additional resources by borrowing from domestic and foreign sources. The study estimated the total price elasticity of demand for cigarette and select alcohol products in the Philippines as an important input for tax policy aimed at reducing alcohol and cigarette consumption and raising much needed government revenues. The estimation was conducted by applying autoregressive error regression on the quarterly time series data of the volume of removals and retail prices of cigarettes and alcohol products in the Philippines over the period 2012 to 2021. The study supports the findings of earlier studies that cigarette consumption is price inelastic. Price elasticity of demand for cigarettes is about -0.83, meaning that a 1% price increase could lead to a 0.83% decrease in consumption. Results for price elasticity of demand for beers is elastic at 1.48, meaning that a 1% increase in the price of beer would produce a 1.48% decrease in consumption.

Compliance Assurance Manager

Instead, details about each person’s debt repayment patterns, the number of outstanding loans, the number of existing credit cards, and other considerations can be used to adjust the interest rate on a card so that it suits their needs. According to Insider Intelligence’s AI in Banking survey, most banks (80%) are well aware of the possible benefits of AI. Technological advancements, expanded consumer acceptance, and changing regulatory regimes can all help financial institutions make the decision to implement AI. Submitting your data to DBP signifies that you have read and understood the above Privacy Notice and expressly consent to the processing of your personal and/or sensitive personal information in the manner and for the purpose provided in this Notice. You understand and accept that this will include access to personal data and records submitted, which may be regarded as personal and/or sensitive personal data as provided under the Data Privacy Act of 2012.
Some inventories may be allocated to other asset accounts, for example, inventory used as a component of self-constructed property, plant or equipment. Inventories allocated to another asset in this way are accounted for subsequently in accordance with the section of this framework relevant to that type of asset. A cooperative shall measure the cost of inventories by using the first-in, first-out or weighted average cost formula. A cooperative shall use the same cost formula for all inventories having a similar nature and use to the cooperative. For inventories with a different nature or use, different cost formulas may be justified. A cooperative shall include other costs in the cost of inventories only to the extent that they are incurred in bringing the inventories to their present location and condition. The costs of conversion of inventories include costs directly related to the units of production, such as direct labor. They also include a systematic allocation of fixed and variable production overheads that are incurred in converting materials into finished goods.

A description of the nature of the cooperative’s operations and its principal activities. A cooperative shall present separately items of a dissimilar nature or function unless they are immaterial. If it is impracticable to reclassify comparative amounts, a cooperative shall disclose why reclassification was not practicable. Obtain approval from senior management at inception of relationship before relying on the third party. Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC.
Ramp up your financial habits, #UseDebit with Metrobank
If the sale price is below fair value, the seller-lessee shall recognize any profit or loss immediately unless the loss is compensated for by future lease payments at below market price. In that case the seller-lessee shall defer and amortize such loss in proportion to the lease payments over the period for which the asset is expected to be used. If the sale price is above fair value, the seller-lessee shall defer the excess over fair value and amortize it over the period for which the asset is expected to be used. A cooperative shall measure all items of property, plant and equipment after initial recognition at cost less any accumulated depreciation and any accumulated impairment losses. A cooperative shall recognize the costs of day-to-day servicing of an item of property, plant and equipment in profit or loss in the period in which the costs are incurred. Revaluation of land may be allowed subject to guidelines issued by the Authority. Appraisal increase shall be presented as Revaluation Surplus under Equity Section of the Statement of Financial Condition.
Understand These Important Points if You Are a Retail Trader
The Bank maintains a policy of protecting your right to privacy regarding the collection and use of your personal information on the Komo Mobile Banking application. Our privacy policy is the same whether you are a regular East West Rural Bank customer, a Komo user, or just visiting our website (). Other information or documents which may be required to avail of specific products. Examples of these include but are not limited to your financial history, proof of billing address, employment details, and other government-issued or privately issued IDs. Transactional and usage information or data related to your account and usage of our mobile application, your debit card, and other products offered through the Komo Mobile App. Cards may be ordered through the Komo Mobile App if you require a replacement card. Card delivery will be through courier delivery at your latest delivery address per our records. You agree to have us debit your deposit account for the cost of Cards reordered on order date. Should the available funds in your concerned account be insufficient to cover for this cost, we reserve the right to reject your request for debit card replacement delivery. You further agree that if you are to nominate a representative to claim your requested Card upon delivery, said representative should have a letter of authorization from you, together with your valid ID and that of the representative.

*Information not comfirmed*