Can non-resident issuers of PSE-listed equity securities buy from AABs/AAB-forex corps the FX equivalent of peso proceeds from the onshore sale of such shares?

Non-resident issuers or their authorized representative may purchase from their depository AAB (where the peso account is maintained) the equivalent FX of the amount deposited in their peso account, provided that these are funded by peso proceeds from the onshore sale of their PSE-listed equity securities. For this purpose, the original BSP letter-authority to purchase continue reading : Can non-resident issuers of PSE-listed equity securities buy from AABs/AAB-forex corps the FX equivalent of peso proceeds from the onshore sale of such shares?