Global Financial Nucleus Regulatory System
Content
GLOBAL FINANCIAL NUCLEUS
REGULATORY SYSTEM
(GFNRS)
ARTICLES OF AGREEMENT
NEW FINANCIAL CONTROL SYSTEM
TO ALL ASBLP-UFO AFFILIATED BANKS
TRUST
IN
GOD
TABLE OF CONTENT
ARTICLES
PAGE
A. ARTICLE 1- PURPOSES
1
B. ARTICLE II- MANDATE OF GFNRS
AND RESOURCES OF UFO
2
C. ARTICLE III-MEMBERSHIP AND CAPITAL OF GFNRS
3
D. ARTICLE IV-BANK MINIMUM CAPITALIZATION
3
E. ARTICLE V- MANAGING PARTNER/S
3
F. ARTICLE VI-GENERAL PROVISION RELATING TO
RECIEVERSHIP AND LIQUIDATION
4-5
G. ARTICLE VII- OPERATION
5-6
H. ARTICLE VIII- ORGANIZATIONAL MANAGEMENT
6-7
I. ARTICLE IX- WITHDRAWAL AND SUSPENSION OF
OWNERS/STOCKHOLDERS MEMBERS OF GFNRS
8-9
J. ARTICLE X-STATUS IMMUNITIES AND PRIVELEGES
9-10-11
K ARTICLE XI- AMENDMENTS
12
L.ARTICLE XII-INTERPRETATION
12
M. ARTICLE XIII-APPROVAL DEEMED
12
N.ARTICLE XIV-LIFE OF THE GLOBAL FINANCIAL
NUCLEUS REGULATORY SYSTEM (GFNRS)
13
O.ARTICLE XV-HOST NATION GOVERNMENT
LIMITATION ON THE GFNRS
13
P.ARTICLE XVI-FINAL PROVISION
13
THE CREATION OF THE GLOBAL FINANCIAL NUCLEUS REGULATORY
SYSTEM (GFNRS)
ARTICLES OF AGREEMENT
The Government on whose behalf the present Agreement is signed agrees as
follows:
INTRODUCTORY ARTICLE
The Global Financial Nucleus Regulatory System (GFNRS) is established in
compliance to the Creation of Universal Fund Organization (UFO)
Articles of
Agreement Section 4: (ii) Financial Control System official created under the LOI No.
777-14 dated September 16, 2014 issued by King Anthony Santiago Martin-Windsor
and shall operate in accordance with following provisions:
ARTICLE I
PURPOSES
Section1. To the Philippines
The purposes of the GFNRS are the following:
A. TO MAKE BANKING ON A VERY SIMPLE AND ACCESSABLE TO ALL
B. TO INSURE THE DEPOSITS OF ALL BANKS AFFILIATED TO ASBLP-UFO
WHICH IS ENTITLED ONE HUNDRED PERCENT (100%) PLUS INTEREST
INSURED TO BE RECEIVED BY THE DEPOSITOR/S
C. TO INSURE THAT ALL THE BANKS UNDER ASBLP-UNIVERSAL FUND
ORGANIZATION (UFO) HAVE MINIMUM EQUITY CAPITALIZATION BASED ON
BANK CLASSIFICATION
D. TO INSURE THE MINIMUM EQUITY CAPITALIZATION IS ONE IS TO ONE RATIO
(1:1) BASED ON THE TOTAL DEPOSITORS DEPOSIT AT BEGINNING OF THE
YEAR
E. TO INSURE THAT ALL ASBLP-UFO (UNIVERSAL FUND ORGANIZATION)
AFFILIATED BANK/S NATION INDIVIDUAL CURRENCY WILL BE
DEMONITIZED AND BE BACKED-UP BY PRECIOUS COMMODITIES/GOLD
F. TO INSURE THAT ASBLP-UFO AFFILIATED BANKS WILL BE ESTABLISHED IN
ALL THE MUNICIPALITIES AND CITIES NATIOWIDE TO CATER THE NEEDS OF
PROSPERITY AND DEVELOPMENTAL FUNDS UNDER THE COUNTRYSIDE
FOREVER GREEN PROJECT PROGRAM AND ATTACHED PROJECTS THAT
WILL SUPPORT THE RURAL ECONOMIC GROWTH
G. TO INSURE THAT THE FUNDS RELEASED FROM THE ASBLP-UFO
AFFILIATED BANK/S WERE USED AS INSTRUCTED UNDER THE SPECIFIC
HUMANITARIAN ENVIRONMENTAL AND SPIRITUAL PROJECTS
Page 1-Articles of GFNRS
ARTICLE II
MANDATE
A.TO PROVIDE PROTECTION TO THE DEPOSITORS DEPOSITS
B. TO INSURE TO FOLLOW THE ANTI-MONEY LAUNDERING LAW AND
WAIVING/LIFTING OF BANK SECRECY LAW TO ALL THE ASBLP-UFO
AFFILIATED BANKS
C. TO PROHIBITE ALL ASBLP-UNIVERSAL FUND ORGANIZATION (UFO)
AFFILIATED BANK/S, FINANCIAL INSTITUTION/S, CLIENT
CORPORATION/S AND INDIVIDUAL/S IN INVESTING INTO SHARE OF
STOCKS AND CREDIT CARD IN THE PHILIPPINES AND ABROAD
D. TO INSURE THAT LOAN/S RELEASED WILL NOT BE USED TO ANY
ILLEGAL PROJECTS, CORRUPTION IN GOVERNMENT PROJECTS,
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 BANK/S AFFILIATED TO
UNIVERSAL FUND ORGANIZATION (UFO) THAT DECREASED CASH
AVAILABLE BALANCE LESS THAN FIFTY PERCENT (50%) OF THE
STARTING CASH EQUITY CAPITALIZATION
G. TO ACT AS RECIEVER AND LIQUIDATOR TO AUTOMATICALLY TAKEOVER ALL AFFILIATED BANK/S OF ASBLP-UNVERSAL FUND
ORGANIZATION (UFO) BANK/S CANNOT REACH MINIMUM EQUITY
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 DEPOSITING
PUBLIC BY WAY OF PROVIDING PERMANENT AND CONTINUING 100%
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 OF
THE WORLD THROUGH FINANCING THE HUMANITARIAN, ENVIRONMENTAL,
SOCIAL AND SPIRITUAL PROJECTS WORLDWIDE
Page 2-Articles of GFNRS
ARTICLE III
MEMBERS AND CAPITAL OF GFNRS
Section1. Membership
The GFNRS Members are all the present 1,000 ++ BANKS under the
ASBLP-UFO Affiliated Banks and others qualified Bank/s to be established
members including individual nation Central Bank/s
Section 2: Authorized Capital
The Authorized Capital of the Global Financial Nucleus Regulatory System
(GFNRS) will start from Twenty Trillion United States Dollars
(US$20,000,000,000,000.00) or Heritage Gold equivalent from 10,000
Metric Tons to 230,000 Metric Tons
Section3. Initial Available Fund
The initial available Fund/Guarantee to insure the Philippine Peso Deposits is
Thirty Seven Trillion Two Hundred Eighty Two Billion Pesos (P37.282
Trillion) with Gold backed-up
Section 4: Resources of GFNRS
The Resources of GFNRS of Cash and Gold came from UFO, TRUST/World
War I and World War II, Court Orders, Contracts and Agreements
ARTICLE IV
BANKS MINIMUM EQUITY CAPITALIZATION
Section 1: Minimum Equity Capitalization
1,000 ++ Banks Affiliated with ASBLP-UFO Banks must comply to Minimum
Equity Capitalization of One is to One Ratio (1:1) based on the Total
Depositors Deposits starting in every first day of the year and in accordance
to their banking category
ARTICLE V
MANAGING PARTNER/S
Section 1: Managing Partner/s
In-case any of the 1,000 ++ Banks of the ASBLP-UFO Affiliated Bank/s cannot
reach to the Minimum Equity Capitalization, Bank Owners/Stockholders will
have the option to become Managing Partners based on their Equity
Capitalization or Sell the partial/whole Ownership Equity Capitalization to
GFNRS
Page 3-Articles of GFNRS
ARTICLE VI
General Provisions Relating to Receivership and Liquidation
Section 1: Usage and Objectives
(a) The resources of Global Financial Nucleus Regulatory System
(GFNRS) will be used for 100% insurance payment of all the Depositors
deposits plus (+) interest and other payables of particular bank/s
payable (local currency denomination with Gold backed-up)
(b) To immediately take-over to bank/s Ownership when ASBLP-UFO
Affiliated Bank/s decreased Cash Available Balance less than 50%
based on the first day of the year Cash Balance not affecting the regular
banking operation, internal audit will be conducted within Thirty (30)
days and final findings will be sent to GFNRS Board of Trustees and
UFO Board of Trustees
(c) With the following project/s objectives; 1st To help to uplift the living
conditions of the people of the world particularly the poor 2 nd To protect
the Mother Earth from total Environmental destruction and 3 rd To Return
Back the faith of the people in God/One God
Section 2: Limitations of Equity Capitalization of Members
No Limitation of Equity Ownership Capitalization but not need below One is to
One Ratio (1:1) based on the Total Depositors Deposit in the first day of the
year
Section 3: Dealing between Members and the GFNRS
GFNRS shall deal with ASBLP-UFO Affiliated bank/s only through the majority
equity owner/s/, same stock holder/s, employee/s in-case of Unsafe and
Unsound Banking Practices
Section 4: Conditions on which the Bank Owners, Officers, employees,
relatives prohibited to Guarantee or Make Loans
All Bank/s ASBLP-UFO Affiliated is prohibited to guarantee, participate in, or
make loans to any Bank Owners, Stockholder/s, Officers, Employees,
relatives, member or any political sub-division thereof and any business,
industrial, and agricultural enterprise in the territories of a member, and
GFNRS Board of Trustees will issue Corporate and Employees Policy with
Sanctions to Bank Owners and Employees against Unsafe and Unsound
Banking Practices
Page 4-Articles of GFNRS
Section 5: Waiver of Majority/all Stockholders
All Bank/s Majority/All Stockholders will “Waive their Rights” without condition
to stop the Take-over of Ownership majority/whole Bank/s management and
operation upon the Bank Cash Available Balance below Fifty Percent (50%)
based on the first day of the year Cash Available Balance. All decision of the
GFNRS Board of Trustees is final and executor as in internal Corporate Policy
Section 6: Illegally Released Funds from World War I & II Reparation
Funds
All Owners/Stockholders of ASBLP-UFO Affiliated Banks who illegally
released funds from the World War I and II Reparation Fund the Uncut US
Dollars will be given graceful exit in an option to become a Managing
Partner/s under Chapter V on this Articles of Agreement with Maximum
Retention of Bank Equity Ownership of Ten Percent (10%) while returning the
illegally released funds in Cash and In-kind. If Owners/Stockholders cannot
return the total illegally released funds a Deed of Assignment of Equity
Ownership and Return Agreement will be executed in favor of GFNRS
Section 7: Real Time Clock of Cash Available Balance
All ASBLP-UFO Affiliated Banks shall keep and maintain a true and accurate
statement on daily received/deposited and released cash by establishing Real
Time Clock Cash received and released for transparency to all Depositors and
Bank Owners
Section 8: Use of Loans Guaranteed, Participated in or made by the
ASBLP-UFO Affiliated Bank/s
(a) The GFNRS will verify to All ASBLP-UFO Affiliated Bank/s that the
proceeds of a loan were spent in territories or the particular
country/nation
(b) The GFNRS shall verify if ASBLP-UFO Affiliated Bank/s that the
proceeds of the loan were used only for the purposes for which the
loan was granted, with attention to consideration of economy and
efficiency and with-out regard to political or other non-economic
influences or considerations
(c) GFNRS will only recognize Spiritual Humanitarian Environmental
(S/HE) Bond issued by particular country/nation signed by the Three
(3) Signatories, President/Prime Minister, Department/Ministry of
Finance/Treasury and Central Bank Governor as payment in a form of
Cash and In-kind (National Products)
Page 5-Articles of GFNRS
Section 9: Terms and Conditions of the Loan payable by Spiritual
Humanitarian Environmental (S/HE) Bond:
Amount of Loan per HES Bond: Country Currency equivalent to PH$_
Repayment Period
: 20 years
Interest per annum
: 2.5% per annum
Moratorium
: 2 years
Bank Charges
: Standard Charge
Section 10: Loans to the International Finance Corporation
The GFNRS will may allow ASBLP-UFO Affiliated Bank/s to make, participate
in, or guarantee loans to the International Finance Corporation an affiliate of
the ASBLP-UFO Affiliated Bank/s, for use in its lending operations as
servicing bank, but not payment of outstanding Loan/s by the country/nation
members and NGO.
ARTICLE VII
Operation
Section 1: Operation
The GFNRS Operation will be managed by the International Banking
Commission (IBC)/TRUST Holder Owner of Cash and Gold Back-up, ASBLPUFO and Appointed Corporate Representative/s
Section 2: Priority to establish the New Banking Control System
In the Philippines the pilot and start the establishment and implementation of
the new banking control system called Global Financial Nucleus Regulatory
System ( GFNRS) to all the ASBLP-UFO Affiliated Banks to be used to the
priority Spiritual Humanitarian Environmental Projects starting from Loans for
Social Pension Funds for the Veterans, Senior and Elderly Civilians worldwide
will start in the Philippines to immediately be followed by the poorest
Nations/Countries
Section 3: Assessment of all ASBLP-UFO Affiliated Banks
The Assessment rate will not exceed 1/5 of 1% (One Percent) per annum of
all Bank Depositors Deposits
Section 4: Availability and Transferability of Currencies
The GFNRS will accept all nation individual currency with Precious
Commodities (Gold) Backed-up coming from ASBLP-UFO Affiliated Bank/s
worldwide
Page 6-Articles of GFNRS
B. In-kind National Products
The GFNRS will accept and recognize the form of payment entered by the
TRUST/International Banking Commission (IBC), ASBLP-UFO, Affiliated
Banks, Global Trade Organization (GTO), Global Environmental Organization
(GEO) and other Global Agencies to be created
(a) The Loan can be payable in other form of currencies, metal, or National
Products to be computed equivalent to the amount of loan amount payable by
the Borrower/Countries/Nations to be coordinated to the Trading Marketing
Arm of UFO the Global Trade Organization (GTO) under Sell, Sell, Sell (SSS)
Scheme of 10%-10%-10% Maximum Mark-up of Ten Percent (10%) after all
Costing of National Products waiving all tariff, National Products must first
satisfied the domestic consumption and 25% reserve before it will allow to sell
to GTO
(b) Calamities, events beyond control and war are reasons for moratorium of
payment of Loan/s principal and interest or loan restructuring to be given to
borrowers
Section 5: Method of Meetings Liabilities of the ASBLP-UFO Affiliated
Bank/s in case of Defaults. In case of default on loans made, participated in,
or guaranteed by the ASBLP-UFO Affiliated Bank/s:
(a) The bank owners/stockholders shall make such arrangement as may be
feasible to adjust the obligations under the loans, including optional
arrangement to become a Managing Partner/s or sell partial/all equity
capitalization under or analogous to those provide in Article V Section One
(1)
ARTICLE VIII
Organizational Management
1. The Structure of GFNRS
The International Banking Commission(IBC) TRUST/ASBLP-UFO and
Corporate Representative/s will manage and operate in cooperating and
adapting the charter, duties and responsibilities of the Universal Fund
Organization (UFO), ASBLP-UFO Affiliated Banks, Global Trade
Organizations (GTO), Global Environmental Organization (GEO) (to be
created), Central Bank/s,
National Treasury (NT) Philippine Deposit
Insurance Corporation (PDIC), Securities and Exchange Commission (SEC),
Philippine Insurance Commission (PIC) Philippine Islamic Al-Amanah Bank
(PIAAB) as a ministerial references in private corporate capacity wider to be
expanded global in scope
Page 7-Articles of GFNRS
2. Existing Manpower
In-case the GFNRS became a Quasi Corporation, All existing manpower
agencies (BSP,NT, PDIC, SEC, PIC, & PIAAB) will be retained additional
Financial Expert will be hired for global expansion
ARTICLE IX
Withdrawal and Suspension of Owners/Stockholders Memberships from
GFNRS
Section1: Right of Members to Withdraw
Only the Owners/Stockholders Affiliated Banks of ASBLP-UFO will be
suspended, deleted, the ASBLP-UFO Affiliated Banks will continue to its
normal banking operation. Owners/Stockholders cannot withdraw as
member/s from GFNRS unless all financial obligations has been paid by the
Stockholders/Owners in Cash, Equity Ownership or in-kind
Owners/Stockholders of ASBLP-UFO Affiliated Bank/s , after fully paid may
any time Withdraw by transmitting a notice in writing to the GFNRS and UFO
at its principal office/s. Withdrawal shall become effective on the date such
noticed is received
Section 2: Take-over of Ownership to ASBLP-UFO Affiliated Banks
(a) If a affiliated bank/s member used the Loan Proceeds to activities related
to war, logistic arsenal, firearms, illegal drugs and other illegal activities
(b) If a member fails to fulfill any of its obligations to GFRNS and GTO without
valid legal reason/s, GFRNS will Take-over as Owner/s
suspend or
permanently terminated its former Owner/s membership as the case may be.
The suspended Stockholder/s/Owners/s shall automatically cease to be a
member One (1) year from the date of its suspension unless decision is taken
by the GFRNS Board of Trustees to restore the members to good standing
While under suspension a Owners/Stockholders of ASBBLP-UFO
Affiliated Banks shall not be entitled to exercise any rights under this
agreement except the right to withdraw, but remain subject to obligation
Page 8-Articles of GFNRS
Section 3: Settlement of Accounts with Stockholders/Owners of ASBLPUFO Affiliated Banks to be a Member:
(a)When Stockholders/Owners of ASBLP-UFO Affiliated Bank/s ceases to be
a member, it shall remain liable for its direct obligation to the GFNRS and for
its contingent liabilities to the UFO as long as any part of the loans and
guarantees conducted before it cease to be a member are outstanding
(b) When Stockholders/Owners of ASBLP-UFO Affiliated Banks ceases, the
GFNRS will foreclosed and take possession and continue the operation of the
Bank/s, the ASBLP-UFO Affiliated Bank/s owners/stockholders have the
option to repurchase priority for one(1) year
(c) Partial settlement of account/s is acceptable after the final evaluation of
the GFNRS Board of Trustees for restructuring the scheme
(d) Failure of one {1) or more Stockholders/Owners of ASBLP-UFO Affiliated
Bank/s is not 100% ground for termination of all Stockholders/Owners for
being a member
(e) Cash and In-kind (National Products) is acceptable for Settlement of
payment of Obligations of Owners/Stockholders to GFNRS
ARTICLE X
Status, Immunities and Privileges
Section 1: Purpose of the Article
To enable the GFNRS to full the functions with which it is entrusted, the
status, immunities and privileges set forth in this Article shall be accorded to
the GFNRS in the territories of each ASBLP-UFO Affiliated Banks
member/country/nation
Section 2: Status of GFNRS
The GFNRS shall poses full juridical personality as Private or a QuasiOrganization (like the Universal Fund Organization (UFO) through Letter of
Instruction (LOI) from King Anthony Santiago Martin-Windsor, and in
particular, the capacity
(i)
to contract
(ii) to acquire and dispose of immovable and movable property;
(iii) to institute legal proceedings
Page 9-Articles of GFNRS
Section 3: Position of the GFNRS with Regards to Judicial Process
Actions may be brought against GFNRS only in a Supreme Court of
competent jurisdiction in the territories of a member/country in which the
GFNRS has an office, has appointed an agent for the purpose of accepting
service or notice of process, or has issued or guaranteed securities, No action
shall, however, be brought by members or person acting for or deriving claims
from members. The property and assets of the GFNRS shall, wherever
located and by whoever held, be immune from all forms of seizure,
attachment or execution before the delivery of the final judgment against the
GFNRS
Section 4: Immunity of Assets from Seizure
Property and assets of the GFNRS, wherever located and by whoever held,
shall be immune from search, requisition, confiscation, expropriation or any
other form of seizure by executive or legislative action
Section 5: Immunity of Archives
The archives of the GFNRS shall be inviolable
Section 6: Freedom of Assets from Restrictions
To the extended necessary to carry out the question provided for in this
Agreement and subject to the provisions of this Agreement, all property and
assets of the GFNRS shall be free from restriction, regulations, controls and
moratoria of any nature
Section 7: Privilege for Communication
The official communications of the GFNRS shall be accorded by each
member the same treatment that it accord to the official communications of
the other members/countries
Section 8: Immunities and Privileges of officers and Employees
All governor, executive directors, alternates, officers and employees of the
GFNRS shall be immune from legal process with respect to act performed by
them in their official capacity except when GFNRS waives this immunity
(i)
Not being local nationals, shall be accorded the same immunities
from immigration restrictions, alien, registration requirements and
national service obligations and the same facilities as regards
exchange restrictions as are accorded by members to the
representatives, officials and employees of comparable rank of the
other members
(ii) Shall be granted the same treatment in respect of traveling facilities
as in accorded by members to representatives, officials and
employees of comparable rank of other members
Page 10-Articles of GFNRS
Section 9: Immunity from Taxation
(a) The GFNRS, its assets, property, income and its operations and
transactions authorized by this Agreement, shall be immune from all
taxation and from all custom duties. The GFNRS shall also immune
from liability for the collection or payment of any tax/duty
(b) No tax shall be levied on or in respect of salaries and emoluments paid
by the GFNRS or executive directors, alternates, officials or employees
of the GFNRS who are not local citizens, local subjects, or other local
nationals
(c) No taxation of any kind shall be levied on any obligations or security
issued by the GFNRS by whoever held.
(i)
Which discriminate against such obligations or security
solely because it is issued by the GFNRS; or
(ii) If the sole jurisdictional basis for such taxation is the place or
currency in which it is issued, made payable or paid or the
location of any office or place of business maintained by the
GFNRS
(iii) No taxation of any kind shall be levied on any obligation or
security guaranteed by the GFNRS by whoever held
(iv) Which discriminates against such obligation or security solely
because it is guaranteed by the GFNRS; or
(v) If the sole jurisdictional basis for such taxation is the location of
any office or place of business maintained by the GFNRS
Section 10: Application of Article
All nations/countries were the ASBLP-UFO Affiliated Banks are located and
interested to have stable, simple banking system and can avail funding for
reconstruction and rehabilitation of their country/nation shall take such action
as it is necessary in its own territories/countries for the purpose of making
effective terms of its own law the principles set forth in this Article and shall
inform the GFNRS of the detailed action which it has taken
ARTICLE XI
Amendments
(a) Any proposal to introduce modifications in this Agreement, whether
emanating from ASBLP-UFO Affiliated Banks members/countries, GFNRS
officials, employees shall be communicated to the office of GFNRS Board of
Trustees
(b) Notwithstanding (a) above, acceptance by the GFNRS Board of Trustees
mentioned is required in the case of any amendments modifying
Page 11-Articles of GFNRS
(c) Amendments shall enter into force for all members three (3) months after
the date of formal communication unless a shorter period is specified in the
circular letter/GFRNS official letter
ARTICLE XII
Interpretation
(a) Any question of interpretation of the provisions of this Agreement arising
between any ASBLP-UFO Affiliated Banks member and the GFNRS or
between any Affiliated Banks members of the GFNRS shall be submitted to
GFNRS Board of Trustees for their decision
(b) In-any-case where the President have given a decision under (a) above,
any member may require that the question be referred to the GFNRS Board of
Trustees, who’s decision is final.
(c) Whenever a disagreement arises between the GFNRS and a ASBLP-UFO
Affiliated Banks country/nation/member which has ceased to be a member, or
between the GFNRS and any members during the permanent suspension of
the GFNRS, such disagreement shall be submitted to arbitration by the
tribunal of Five (5) arbitrators, one appointed by the GFNRS, another by the
country/member where the ASBLP-UFO Affiliated Bank/s located and an
umpire who, unless the parties otherwise agree, shall be appointed by the
President of the Global Trade Organization (GTO), and Universal Fund
Organization (UFO), and Global Environmental Organization (GEO) or such
other authority as may have been prescribed by regulation adapted by the
GFNRS. The umpire shall have full power to settle all questions of procedure
ARTICLE XIII
Approval Deemed Given
Whenever the approval of ASBLP-UFO Bank Authorized Signatory King
Anthony Santiago Martin-Windsor through Letter of Instruction (LOI) for the
official creation of Global Finance Nucleus Regulatory System (GFNRS) to
serve as the Financial Control System to All the ASBLP-UFO 1,000+++
Affiliated Banks worldwide is required before any act may be done
Page 12-Articles of GFNRS
ARTICLE XIV
Life of the Global Financial Nucleus Regulatory System (GFNRS)
The Life of the Global Financial Nucleus Regulatory System (GFNRS) is for
minimum of One Hundred (100) Years and future life of operation will based
on the Life of the ASBLP-UFO (Universal Fund Organization) to implement
the mandated task embodied on the Articles of Global Financial Nucleus
Regulatory Stem (GFNRS), Seven (7) years before the expiration of the 100
years life period of GFNRS, GFNRS Authorized Officer/s will inform the Host
Nation Government where the GFNRS located their position to continue for
another 100 years or terminate the operation of GFNRS
ARTICLE XV
Host Nation Government Limitation on Global Financial Nucleus
Regulatory System (GFNRS)
Host Nation Government participation in Operation and Management of the
Global Financial Nucleus Regulatory System (GFNRS) is limited to
domestic/local issues and territorial jurisdiction, outside the Host Nation
territorial jurisdiction is discretionary decision of the UFO to have the services
and the support of the Host Nation Government resources
ARTICLE XVI
Final Provision
Section 1: Entry into Force:
This Agreement shall enter into force when King Anthony Santiago MartinWindsor Authorized Signatory of ASBLP-UFO issued Letter of Instruction
(LOI) in the creation of the Global Financial Nucleus Regulatory System
(GFNRS) to serve as the Financial Regulatory System to All the ASBLP-UFO
1,000+++ Affiliated Banks worldwide
Section 2: Location of Head Office of GFNRS
Since the Head Office of the ASBLP-UFO (Universal Fund Organization) is in
the Philippines, the Head Office of the Global Financial Nucleus Regulatory
System (GFNRS) will be located also in the Philippines to serve as the
Financial Regulatory System of All ASBLP-UFO 1,000+++ Affiliated Banks
worldwide and make this nation not only the Light of Asia but the Light of the
whole world
Section 3: Information
The GFNRS and ASBLP-UFO will inform all concerned globally through
Social Media Internet at the International and Domestic Notice in the
Inangpilpinas.35 media facebook and www Universal Fund Organization in
the Internet
Page 13-Articles of GFNRS
GOD
BLESS
US ALL
REGULATORY SYSTEM
(GFNRS)
ARTICLES OF AGREEMENT
NEW FINANCIAL CONTROL SYSTEM
TO ALL ASBLP-UFO AFFILIATED BANKS
TRUST
IN
GOD
TABLE OF CONTENT
ARTICLES
PAGE
A. ARTICLE 1- PURPOSES
1
B. ARTICLE II- MANDATE OF GFNRS
AND RESOURCES OF UFO
2
C. ARTICLE III-MEMBERSHIP AND CAPITAL OF GFNRS
3
D. ARTICLE IV-BANK MINIMUM CAPITALIZATION
3
E. ARTICLE V- MANAGING PARTNER/S
3
F. ARTICLE VI-GENERAL PROVISION RELATING TO
RECIEVERSHIP AND LIQUIDATION
4-5
G. ARTICLE VII- OPERATION
5-6
H. ARTICLE VIII- ORGANIZATIONAL MANAGEMENT
6-7
I. ARTICLE IX- WITHDRAWAL AND SUSPENSION OF
OWNERS/STOCKHOLDERS MEMBERS OF GFNRS
8-9
J. ARTICLE X-STATUS IMMUNITIES AND PRIVELEGES
9-10-11
K ARTICLE XI- AMENDMENTS
12
L.ARTICLE XII-INTERPRETATION
12
M. ARTICLE XIII-APPROVAL DEEMED
12
N.ARTICLE XIV-LIFE OF THE GLOBAL FINANCIAL
NUCLEUS REGULATORY SYSTEM (GFNRS)
13
O.ARTICLE XV-HOST NATION GOVERNMENT
LIMITATION ON THE GFNRS
13
P.ARTICLE XVI-FINAL PROVISION
13
THE CREATION OF THE GLOBAL FINANCIAL NUCLEUS REGULATORY
SYSTEM (GFNRS)
ARTICLES OF AGREEMENT
The Government on whose behalf the present Agreement is signed agrees as
follows:
INTRODUCTORY ARTICLE
The Global Financial Nucleus Regulatory System (GFNRS) is established in
compliance to the Creation of Universal Fund Organization (UFO)
Articles of
Agreement Section 4: (ii) Financial Control System official created under the LOI No.
777-14 dated September 16, 2014 issued by King Anthony Santiago Martin-Windsor
and shall operate in accordance with following provisions:
ARTICLE I
PURPOSES
Section1. To the Philippines
The purposes of the GFNRS are the following:
A. TO MAKE BANKING ON A VERY SIMPLE AND ACCESSABLE TO ALL
B. TO INSURE THE DEPOSITS OF ALL BANKS AFFILIATED TO ASBLP-UFO
WHICH IS ENTITLED ONE HUNDRED PERCENT (100%) PLUS INTEREST
INSURED TO BE RECEIVED BY THE DEPOSITOR/S
C. TO INSURE THAT ALL THE BANKS UNDER ASBLP-UNIVERSAL FUND
ORGANIZATION (UFO) HAVE MINIMUM EQUITY CAPITALIZATION BASED ON
BANK CLASSIFICATION
D. TO INSURE THE MINIMUM EQUITY CAPITALIZATION IS ONE IS TO ONE RATIO
(1:1) BASED ON THE TOTAL DEPOSITORS DEPOSIT AT BEGINNING OF THE
YEAR
E. TO INSURE THAT ALL ASBLP-UFO (UNIVERSAL FUND ORGANIZATION)
AFFILIATED BANK/S NATION INDIVIDUAL CURRENCY WILL BE
DEMONITIZED AND BE BACKED-UP BY PRECIOUS COMMODITIES/GOLD
F. TO INSURE THAT ASBLP-UFO AFFILIATED BANKS WILL BE ESTABLISHED IN
ALL THE MUNICIPALITIES AND CITIES NATIOWIDE TO CATER THE NEEDS OF
PROSPERITY AND DEVELOPMENTAL FUNDS UNDER THE COUNTRYSIDE
FOREVER GREEN PROJECT PROGRAM AND ATTACHED PROJECTS THAT
WILL SUPPORT THE RURAL ECONOMIC GROWTH
G. TO INSURE THAT THE FUNDS RELEASED FROM THE ASBLP-UFO
AFFILIATED BANK/S WERE USED AS INSTRUCTED UNDER THE SPECIFIC
HUMANITARIAN ENVIRONMENTAL AND SPIRITUAL PROJECTS
Page 1-Articles of GFNRS
ARTICLE II
MANDATE
A.TO PROVIDE PROTECTION TO THE DEPOSITORS DEPOSITS
B. TO INSURE TO FOLLOW THE ANTI-MONEY LAUNDERING LAW AND
WAIVING/LIFTING OF BANK SECRECY LAW TO ALL THE ASBLP-UFO
AFFILIATED BANKS
C. TO PROHIBITE ALL ASBLP-UNIVERSAL FUND ORGANIZATION (UFO)
AFFILIATED BANK/S, FINANCIAL INSTITUTION/S, CLIENT
CORPORATION/S AND INDIVIDUAL/S IN INVESTING INTO SHARE OF
STOCKS AND CREDIT CARD IN THE PHILIPPINES AND ABROAD
D. TO INSURE THAT LOAN/S RELEASED WILL NOT BE USED TO ANY
ILLEGAL PROJECTS, CORRUPTION IN GOVERNMENT PROJECTS,
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 BANK/S AFFILIATED TO
UNIVERSAL FUND ORGANIZATION (UFO) THAT DECREASED CASH
AVAILABLE BALANCE LESS THAN FIFTY PERCENT (50%) OF THE
STARTING CASH EQUITY CAPITALIZATION
G. TO ACT AS RECIEVER AND LIQUIDATOR TO AUTOMATICALLY TAKEOVER ALL AFFILIATED BANK/S OF ASBLP-UNVERSAL FUND
ORGANIZATION (UFO) BANK/S CANNOT REACH MINIMUM EQUITY
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 DEPOSITING
PUBLIC BY WAY OF PROVIDING PERMANENT AND CONTINUING 100%
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 OF
THE WORLD THROUGH FINANCING THE HUMANITARIAN, ENVIRONMENTAL,
SOCIAL AND SPIRITUAL PROJECTS WORLDWIDE
Page 2-Articles of GFNRS
ARTICLE III
MEMBERS AND CAPITAL OF GFNRS
Section1. Membership
The GFNRS Members are all the present 1,000 ++ BANKS under the
ASBLP-UFO Affiliated Banks and others qualified Bank/s to be established
members including individual nation Central Bank/s
Section 2: Authorized Capital
The Authorized Capital of the Global Financial Nucleus Regulatory System
(GFNRS) will start from Twenty Trillion United States Dollars
(US$20,000,000,000,000.00) or Heritage Gold equivalent from 10,000
Metric Tons to 230,000 Metric Tons
Section3. Initial Available Fund
The initial available Fund/Guarantee to insure the Philippine Peso Deposits is
Thirty Seven Trillion Two Hundred Eighty Two Billion Pesos (P37.282
Trillion) with Gold backed-up
Section 4: Resources of GFNRS
The Resources of GFNRS of Cash and Gold came from UFO, TRUST/World
War I and World War II, Court Orders, Contracts and Agreements
ARTICLE IV
BANKS MINIMUM EQUITY CAPITALIZATION
Section 1: Minimum Equity Capitalization
1,000 ++ Banks Affiliated with ASBLP-UFO Banks must comply to Minimum
Equity Capitalization of One is to One Ratio (1:1) based on the Total
Depositors Deposits starting in every first day of the year and in accordance
to their banking category
ARTICLE V
MANAGING PARTNER/S
Section 1: Managing Partner/s
In-case any of the 1,000 ++ Banks of the ASBLP-UFO Affiliated Bank/s cannot
reach to the Minimum Equity Capitalization, Bank Owners/Stockholders will
have the option to become Managing Partners based on their Equity
Capitalization or Sell the partial/whole Ownership Equity Capitalization to
GFNRS
Page 3-Articles of GFNRS
ARTICLE VI
General Provisions Relating to Receivership and Liquidation
Section 1: Usage and Objectives
(a) The resources of Global Financial Nucleus Regulatory System
(GFNRS) will be used for 100% insurance payment of all the Depositors
deposits plus (+) interest and other payables of particular bank/s
payable (local currency denomination with Gold backed-up)
(b) To immediately take-over to bank/s Ownership when ASBLP-UFO
Affiliated Bank/s decreased Cash Available Balance less than 50%
based on the first day of the year Cash Balance not affecting the regular
banking operation, internal audit will be conducted within Thirty (30)
days and final findings will be sent to GFNRS Board of Trustees and
UFO Board of Trustees
(c) With the following project/s objectives; 1st To help to uplift the living
conditions of the people of the world particularly the poor 2 nd To protect
the Mother Earth from total Environmental destruction and 3 rd To Return
Back the faith of the people in God/One God
Section 2: Limitations of Equity Capitalization of Members
No Limitation of Equity Ownership Capitalization but not need below One is to
One Ratio (1:1) based on the Total Depositors Deposit in the first day of the
year
Section 3: Dealing between Members and the GFNRS
GFNRS shall deal with ASBLP-UFO Affiliated bank/s only through the majority
equity owner/s/, same stock holder/s, employee/s in-case of Unsafe and
Unsound Banking Practices
Section 4: Conditions on which the Bank Owners, Officers, employees,
relatives prohibited to Guarantee or Make Loans
All Bank/s ASBLP-UFO Affiliated is prohibited to guarantee, participate in, or
make loans to any Bank Owners, Stockholder/s, Officers, Employees,
relatives, member or any political sub-division thereof and any business,
industrial, and agricultural enterprise in the territories of a member, and
GFNRS Board of Trustees will issue Corporate and Employees Policy with
Sanctions to Bank Owners and Employees against Unsafe and Unsound
Banking Practices
Page 4-Articles of GFNRS
Section 5: Waiver of Majority/all Stockholders
All Bank/s Majority/All Stockholders will “Waive their Rights” without condition
to stop the Take-over of Ownership majority/whole Bank/s management and
operation upon the Bank Cash Available Balance below Fifty Percent (50%)
based on the first day of the year Cash Available Balance. All decision of the
GFNRS Board of Trustees is final and executor as in internal Corporate Policy
Section 6: Illegally Released Funds from World War I & II Reparation
Funds
All Owners/Stockholders of ASBLP-UFO Affiliated Banks who illegally
released funds from the World War I and II Reparation Fund the Uncut US
Dollars will be given graceful exit in an option to become a Managing
Partner/s under Chapter V on this Articles of Agreement with Maximum
Retention of Bank Equity Ownership of Ten Percent (10%) while returning the
illegally released funds in Cash and In-kind. If Owners/Stockholders cannot
return the total illegally released funds a Deed of Assignment of Equity
Ownership and Return Agreement will be executed in favor of GFNRS
Section 7: Real Time Clock of Cash Available Balance
All ASBLP-UFO Affiliated Banks shall keep and maintain a true and accurate
statement on daily received/deposited and released cash by establishing Real
Time Clock Cash received and released for transparency to all Depositors and
Bank Owners
Section 8: Use of Loans Guaranteed, Participated in or made by the
ASBLP-UFO Affiliated Bank/s
(a) The GFNRS will verify to All ASBLP-UFO Affiliated Bank/s that the
proceeds of a loan were spent in territories or the particular
country/nation
(b) The GFNRS shall verify if ASBLP-UFO Affiliated Bank/s that the
proceeds of the loan were used only for the purposes for which the
loan was granted, with attention to consideration of economy and
efficiency and with-out regard to political or other non-economic
influences or considerations
(c) GFNRS will only recognize Spiritual Humanitarian Environmental
(S/HE) Bond issued by particular country/nation signed by the Three
(3) Signatories, President/Prime Minister, Department/Ministry of
Finance/Treasury and Central Bank Governor as payment in a form of
Cash and In-kind (National Products)
Page 5-Articles of GFNRS
Section 9: Terms and Conditions of the Loan payable by Spiritual
Humanitarian Environmental (S/HE) Bond:
Amount of Loan per HES Bond: Country Currency equivalent to PH$_
Repayment Period
: 20 years
Interest per annum
: 2.5% per annum
Moratorium
: 2 years
Bank Charges
: Standard Charge
Section 10: Loans to the International Finance Corporation
The GFNRS will may allow ASBLP-UFO Affiliated Bank/s to make, participate
in, or guarantee loans to the International Finance Corporation an affiliate of
the ASBLP-UFO Affiliated Bank/s, for use in its lending operations as
servicing bank, but not payment of outstanding Loan/s by the country/nation
members and NGO.
ARTICLE VII
Operation
Section 1: Operation
The GFNRS Operation will be managed by the International Banking
Commission (IBC)/TRUST Holder Owner of Cash and Gold Back-up, ASBLPUFO and Appointed Corporate Representative/s
Section 2: Priority to establish the New Banking Control System
In the Philippines the pilot and start the establishment and implementation of
the new banking control system called Global Financial Nucleus Regulatory
System ( GFNRS) to all the ASBLP-UFO Affiliated Banks to be used to the
priority Spiritual Humanitarian Environmental Projects starting from Loans for
Social Pension Funds for the Veterans, Senior and Elderly Civilians worldwide
will start in the Philippines to immediately be followed by the poorest
Nations/Countries
Section 3: Assessment of all ASBLP-UFO Affiliated Banks
The Assessment rate will not exceed 1/5 of 1% (One Percent) per annum of
all Bank Depositors Deposits
Section 4: Availability and Transferability of Currencies
The GFNRS will accept all nation individual currency with Precious
Commodities (Gold) Backed-up coming from ASBLP-UFO Affiliated Bank/s
worldwide
Page 6-Articles of GFNRS
B. In-kind National Products
The GFNRS will accept and recognize the form of payment entered by the
TRUST/International Banking Commission (IBC), ASBLP-UFO, Affiliated
Banks, Global Trade Organization (GTO), Global Environmental Organization
(GEO) and other Global Agencies to be created
(a) The Loan can be payable in other form of currencies, metal, or National
Products to be computed equivalent to the amount of loan amount payable by
the Borrower/Countries/Nations to be coordinated to the Trading Marketing
Arm of UFO the Global Trade Organization (GTO) under Sell, Sell, Sell (SSS)
Scheme of 10%-10%-10% Maximum Mark-up of Ten Percent (10%) after all
Costing of National Products waiving all tariff, National Products must first
satisfied the domestic consumption and 25% reserve before it will allow to sell
to GTO
(b) Calamities, events beyond control and war are reasons for moratorium of
payment of Loan/s principal and interest or loan restructuring to be given to
borrowers
Section 5: Method of Meetings Liabilities of the ASBLP-UFO Affiliated
Bank/s in case of Defaults. In case of default on loans made, participated in,
or guaranteed by the ASBLP-UFO Affiliated Bank/s:
(a) The bank owners/stockholders shall make such arrangement as may be
feasible to adjust the obligations under the loans, including optional
arrangement to become a Managing Partner/s or sell partial/all equity
capitalization under or analogous to those provide in Article V Section One
(1)
ARTICLE VIII
Organizational Management
1. The Structure of GFNRS
The International Banking Commission(IBC) TRUST/ASBLP-UFO and
Corporate Representative/s will manage and operate in cooperating and
adapting the charter, duties and responsibilities of the Universal Fund
Organization (UFO), ASBLP-UFO Affiliated Banks, Global Trade
Organizations (GTO), Global Environmental Organization (GEO) (to be
created), Central Bank/s,
National Treasury (NT) Philippine Deposit
Insurance Corporation (PDIC), Securities and Exchange Commission (SEC),
Philippine Insurance Commission (PIC) Philippine Islamic Al-Amanah Bank
(PIAAB) as a ministerial references in private corporate capacity wider to be
expanded global in scope
Page 7-Articles of GFNRS
2. Existing Manpower
In-case the GFNRS became a Quasi Corporation, All existing manpower
agencies (BSP,NT, PDIC, SEC, PIC, & PIAAB) will be retained additional
Financial Expert will be hired for global expansion
ARTICLE IX
Withdrawal and Suspension of Owners/Stockholders Memberships from
GFNRS
Section1: Right of Members to Withdraw
Only the Owners/Stockholders Affiliated Banks of ASBLP-UFO will be
suspended, deleted, the ASBLP-UFO Affiliated Banks will continue to its
normal banking operation. Owners/Stockholders cannot withdraw as
member/s from GFNRS unless all financial obligations has been paid by the
Stockholders/Owners in Cash, Equity Ownership or in-kind
Owners/Stockholders of ASBLP-UFO Affiliated Bank/s , after fully paid may
any time Withdraw by transmitting a notice in writing to the GFNRS and UFO
at its principal office/s. Withdrawal shall become effective on the date such
noticed is received
Section 2: Take-over of Ownership to ASBLP-UFO Affiliated Banks
(a) If a affiliated bank/s member used the Loan Proceeds to activities related
to war, logistic arsenal, firearms, illegal drugs and other illegal activities
(b) If a member fails to fulfill any of its obligations to GFRNS and GTO without
valid legal reason/s, GFRNS will Take-over as Owner/s
suspend or
permanently terminated its former Owner/s membership as the case may be.
The suspended Stockholder/s/Owners/s shall automatically cease to be a
member One (1) year from the date of its suspension unless decision is taken
by the GFRNS Board of Trustees to restore the members to good standing
While under suspension a Owners/Stockholders of ASBBLP-UFO
Affiliated Banks shall not be entitled to exercise any rights under this
agreement except the right to withdraw, but remain subject to obligation
Page 8-Articles of GFNRS
Section 3: Settlement of Accounts with Stockholders/Owners of ASBLPUFO Affiliated Banks to be a Member:
(a)When Stockholders/Owners of ASBLP-UFO Affiliated Bank/s ceases to be
a member, it shall remain liable for its direct obligation to the GFNRS and for
its contingent liabilities to the UFO as long as any part of the loans and
guarantees conducted before it cease to be a member are outstanding
(b) When Stockholders/Owners of ASBLP-UFO Affiliated Banks ceases, the
GFNRS will foreclosed and take possession and continue the operation of the
Bank/s, the ASBLP-UFO Affiliated Bank/s owners/stockholders have the
option to repurchase priority for one(1) year
(c) Partial settlement of account/s is acceptable after the final evaluation of
the GFNRS Board of Trustees for restructuring the scheme
(d) Failure of one {1) or more Stockholders/Owners of ASBLP-UFO Affiliated
Bank/s is not 100% ground for termination of all Stockholders/Owners for
being a member
(e) Cash and In-kind (National Products) is acceptable for Settlement of
payment of Obligations of Owners/Stockholders to GFNRS
ARTICLE X
Status, Immunities and Privileges
Section 1: Purpose of the Article
To enable the GFNRS to full the functions with which it is entrusted, the
status, immunities and privileges set forth in this Article shall be accorded to
the GFNRS in the territories of each ASBLP-UFO Affiliated Banks
member/country/nation
Section 2: Status of GFNRS
The GFNRS shall poses full juridical personality as Private or a QuasiOrganization (like the Universal Fund Organization (UFO) through Letter of
Instruction (LOI) from King Anthony Santiago Martin-Windsor, and in
particular, the capacity
(i)
to contract
(ii) to acquire and dispose of immovable and movable property;
(iii) to institute legal proceedings
Page 9-Articles of GFNRS
Section 3: Position of the GFNRS with Regards to Judicial Process
Actions may be brought against GFNRS only in a Supreme Court of
competent jurisdiction in the territories of a member/country in which the
GFNRS has an office, has appointed an agent for the purpose of accepting
service or notice of process, or has issued or guaranteed securities, No action
shall, however, be brought by members or person acting for or deriving claims
from members. The property and assets of the GFNRS shall, wherever
located and by whoever held, be immune from all forms of seizure,
attachment or execution before the delivery of the final judgment against the
GFNRS
Section 4: Immunity of Assets from Seizure
Property and assets of the GFNRS, wherever located and by whoever held,
shall be immune from search, requisition, confiscation, expropriation or any
other form of seizure by executive or legislative action
Section 5: Immunity of Archives
The archives of the GFNRS shall be inviolable
Section 6: Freedom of Assets from Restrictions
To the extended necessary to carry out the question provided for in this
Agreement and subject to the provisions of this Agreement, all property and
assets of the GFNRS shall be free from restriction, regulations, controls and
moratoria of any nature
Section 7: Privilege for Communication
The official communications of the GFNRS shall be accorded by each
member the same treatment that it accord to the official communications of
the other members/countries
Section 8: Immunities and Privileges of officers and Employees
All governor, executive directors, alternates, officers and employees of the
GFNRS shall be immune from legal process with respect to act performed by
them in their official capacity except when GFNRS waives this immunity
(i)
Not being local nationals, shall be accorded the same immunities
from immigration restrictions, alien, registration requirements and
national service obligations and the same facilities as regards
exchange restrictions as are accorded by members to the
representatives, officials and employees of comparable rank of the
other members
(ii) Shall be granted the same treatment in respect of traveling facilities
as in accorded by members to representatives, officials and
employees of comparable rank of other members
Page 10-Articles of GFNRS
Section 9: Immunity from Taxation
(a) The GFNRS, its assets, property, income and its operations and
transactions authorized by this Agreement, shall be immune from all
taxation and from all custom duties. The GFNRS shall also immune
from liability for the collection or payment of any tax/duty
(b) No tax shall be levied on or in respect of salaries and emoluments paid
by the GFNRS or executive directors, alternates, officials or employees
of the GFNRS who are not local citizens, local subjects, or other local
nationals
(c) No taxation of any kind shall be levied on any obligations or security
issued by the GFNRS by whoever held.
(i)
Which discriminate against such obligations or security
solely because it is issued by the GFNRS; or
(ii) If the sole jurisdictional basis for such taxation is the place or
currency in which it is issued, made payable or paid or the
location of any office or place of business maintained by the
GFNRS
(iii) No taxation of any kind shall be levied on any obligation or
security guaranteed by the GFNRS by whoever held
(iv) Which discriminates against such obligation or security solely
because it is guaranteed by the GFNRS; or
(v) If the sole jurisdictional basis for such taxation is the location of
any office or place of business maintained by the GFNRS
Section 10: Application of Article
All nations/countries were the ASBLP-UFO Affiliated Banks are located and
interested to have stable, simple banking system and can avail funding for
reconstruction and rehabilitation of their country/nation shall take such action
as it is necessary in its own territories/countries for the purpose of making
effective terms of its own law the principles set forth in this Article and shall
inform the GFNRS of the detailed action which it has taken
ARTICLE XI
Amendments
(a) Any proposal to introduce modifications in this Agreement, whether
emanating from ASBLP-UFO Affiliated Banks members/countries, GFNRS
officials, employees shall be communicated to the office of GFNRS Board of
Trustees
(b) Notwithstanding (a) above, acceptance by the GFNRS Board of Trustees
mentioned is required in the case of any amendments modifying
Page 11-Articles of GFNRS
(c) Amendments shall enter into force for all members three (3) months after
the date of formal communication unless a shorter period is specified in the
circular letter/GFRNS official letter
ARTICLE XII
Interpretation
(a) Any question of interpretation of the provisions of this Agreement arising
between any ASBLP-UFO Affiliated Banks member and the GFNRS or
between any Affiliated Banks members of the GFNRS shall be submitted to
GFNRS Board of Trustees for their decision
(b) In-any-case where the President have given a decision under (a) above,
any member may require that the question be referred to the GFNRS Board of
Trustees, who’s decision is final.
(c) Whenever a disagreement arises between the GFNRS and a ASBLP-UFO
Affiliated Banks country/nation/member which has ceased to be a member, or
between the GFNRS and any members during the permanent suspension of
the GFNRS, such disagreement shall be submitted to arbitration by the
tribunal of Five (5) arbitrators, one appointed by the GFNRS, another by the
country/member where the ASBLP-UFO Affiliated Bank/s located and an
umpire who, unless the parties otherwise agree, shall be appointed by the
President of the Global Trade Organization (GTO), and Universal Fund
Organization (UFO), and Global Environmental Organization (GEO) or such
other authority as may have been prescribed by regulation adapted by the
GFNRS. The umpire shall have full power to settle all questions of procedure
ARTICLE XIII
Approval Deemed Given
Whenever the approval of ASBLP-UFO Bank Authorized Signatory King
Anthony Santiago Martin-Windsor through Letter of Instruction (LOI) for the
official creation of Global Finance Nucleus Regulatory System (GFNRS) to
serve as the Financial Control System to All the ASBLP-UFO 1,000+++
Affiliated Banks worldwide is required before any act may be done
Page 12-Articles of GFNRS
ARTICLE XIV
Life of the Global Financial Nucleus Regulatory System (GFNRS)
The Life of the Global Financial Nucleus Regulatory System (GFNRS) is for
minimum of One Hundred (100) Years and future life of operation will based
on the Life of the ASBLP-UFO (Universal Fund Organization) to implement
the mandated task embodied on the Articles of Global Financial Nucleus
Regulatory Stem (GFNRS), Seven (7) years before the expiration of the 100
years life period of GFNRS, GFNRS Authorized Officer/s will inform the Host
Nation Government where the GFNRS located their position to continue for
another 100 years or terminate the operation of GFNRS
ARTICLE XV
Host Nation Government Limitation on Global Financial Nucleus
Regulatory System (GFNRS)
Host Nation Government participation in Operation and Management of the
Global Financial Nucleus Regulatory System (GFNRS) is limited to
domestic/local issues and territorial jurisdiction, outside the Host Nation
territorial jurisdiction is discretionary decision of the UFO to have the services
and the support of the Host Nation Government resources
ARTICLE XVI
Final Provision
Section 1: Entry into Force:
This Agreement shall enter into force when King Anthony Santiago MartinWindsor Authorized Signatory of ASBLP-UFO issued Letter of Instruction
(LOI) in the creation of the Global Financial Nucleus Regulatory System
(GFNRS) to serve as the Financial Regulatory System to All the ASBLP-UFO
1,000+++ Affiliated Banks worldwide
Section 2: Location of Head Office of GFNRS
Since the Head Office of the ASBLP-UFO (Universal Fund Organization) is in
the Philippines, the Head Office of the Global Financial Nucleus Regulatory
System (GFNRS) will be located also in the Philippines to serve as the
Financial Regulatory System of All ASBLP-UFO 1,000+++ Affiliated Banks
worldwide and make this nation not only the Light of Asia but the Light of the
whole world
Section 3: Information
The GFNRS and ASBLP-UFO will inform all concerned globally through
Social Media Internet at the International and Domestic Notice in the
Inangpilpinas.35 media facebook and www Universal Fund Organization in
the Internet
Page 13-Articles of GFNRS
GOD
BLESS
US ALL
