BSP MORB Part IX Complete

This Data License Agreement (the "Agreement") governs your access to and use of ProfytAI Philippine Regulatory Intelligence, MORB Part IX Obligation Register (Complete) (the "Data Product"), published by ProfytAI Pte. Ltd. (the "Publisher"). By accessing or querying the Data Product, the entity that obtained it (the "Licensee") agrees to this Agreement. This version was published for release 2026.07 (2026-07-29), and Section 9 states which version applies to a given Licensee.

1. What the Licensee Receives

The Data Product is delivered exclusively as a Snowflake secure data share. On obtaining the listing, the Licensee receives read access, inside the Licensee's own Snowflake account, to a shared database containing the Publisher's secure views and semantic view (together, the "Shared Objects"). No files, exports, or documents are delivered, and the Publisher transfers no copy of the underlying data.

Definitions used throughout:

• Data Product: the Shared Objects and their contents, in whole or in any part.
• Structured Content: the Publisher's proprietary work in the Data Product, defined in Section 2.
• Source Regulatory Text: the underlying public regulatory instruments quoted in the Data Product, defined in Section 2 and identified in the final Section.
• Authorized Users: employees and individual contractors of any Licensed Entity, acting for that entity's internal benefit.
• Snowflake Organization: the Snowflake organization, as that term is used by Snowflake Inc., containing the Snowflake account through which the Licensee obtained the Data Product.
• Order: the Licensee's acquisition of the Data Product through Snowflake Marketplace on a paid listing or private offer, or a purchase order or other written arrangement with the Publisher for the Data Product. An acquisition transacted through Snowflake is an Order even though the fee is paid to Snowflake.
• Licensed Entity: the legal entity that obtained the Data Product, or, where there is an Order, the legal entity named on it, together with that entity's majority-owned affiliates whose Snowflake accounts sit within the same Snowflake Organization. No other entity is a Licensed Entity.

Where there is no Order. The Data Product may be obtained without an Order, for example on a trial or an evaluation granted by the Publisher. The Publisher's free sample listing is not obtained under this Agreement and is governed by its own Evaluation License. Where there is no Order this Agreement applies in full, the Licensed Entity is the legal entity that obtained the Data Product, no fee is payable, and the term runs as stated in Section 12.

2. Two Layers, Two Statuses

1. The Source Regulatory Text consists of public regulatory issuances of the regulator identified in the final Section. The Publisher claims no ownership of the underlying regulatory text and does not restrict the Licensee's access to the public originals.
2. The Structured Content is the Publisher's original work and is what this Agreement licenses and protects. It comprises the parsed layers (modal, deontic, actor, action, object), the classifications, the semantic enrichment layer (compliance checklists, typed qualifications, evidence expectations), the citations, the document hierarchy and cross-references, the knowledge graph nodes and edges, the semantic model, and the compilation, selection, and arrangement of all of the above into the Shared Objects. The Structured Content is protected by copyright and by the Publisher's other proprietary rights, and is licensed, not sold.

3. Grant of License

Subject to this Agreement, and where the Data Product is supplied for a fee subject also to payment of that fee, the Publisher grants the Licensee a non-exclusive, non-transferable, worldwide license, for the term set out in Section 12, for the Licensed Entity and its Authorized Users to use the Data Product for the Licensed Entity's internal business purposes only, namely to:

1. query the Shared Objects and build the Licensed Entity's internal compliance, risk, audit, legal, and analytics workflows on them;
2. create derived tables, views, and materializations within the Licensed Entity's own Snowflake accounts for those internal purposes;
3. power the Licensed Entity's internal AI, retrieval, and search systems, including retrieval-augmented generation over the Data Product for the Licensed Entity's own use. Embeddings, indexes, and extracts supporting those systems may be held outside Snowflake in systems the Licensed Entity controls, subject to Section 4;
4. quote individual obligations, with their citation and provenance intact, in the Licensed Entity's internal policies, controls, workpapers, and reports, and disclose those workpapers and reports as Section 6 permits; and
5. reshare the Data Product only to Snowflake accounts that belong to the Licensed Entity and sit within the Licensed Entity's own Snowflake Organization, and only where the listing's resharing setting permits it. Before doing so the Licensee shall make this Agreement, including the final Section's source notice, available to each recipient, and each recipient's use is on the terms of this Agreement. The Licensee remains responsible for each recipient's compliance with it.

Reasonable, attributed quotation of individual obligations in the Licensee's own work products is expected and permitted.

4. Restrictions

Except as expressly permitted in Section 3, the Licensee shall not, and shall not permit any third party to:

1. redistribute, resell, sublicense, lease, rent, publish, or otherwise make available the Data Product, in whole or in any substantial or repeated part, to any person outside the Licensed Entity, or make it available to any such person as a dataset, feed, API, listing, share, or service;
2. create derivative or competing products, meaning use the Structured Content, in whole or in part, to build, train, or offer any dataset, database, model, product, or service that reproduces, substitutes for, or competes with the Data Product;
3. train or fine-tune any machine-learning or artificial-intelligence model on the Structured Content for the purpose of reproducing, regenerating, or substituting the Structured Content or any material part of it. Using the Data Product as retrieval or reference context for the Licensed Entity's internal AI systems is permitted under Section 3. Training a model to recreate or redistribute the Data Product is not;
4. remove, alter, or obscure any citation, provenance, attribution, or proprietary notice, including the LEGAL_CITATION and SOURCE_PDF_URL fields, in any derived object or extract;
5. reverse engineer or attempt to derive the Publisher's methods, models, or processes from the Data Product, save that nothing in this paragraph restricts the Licensed Entity from examining, testing, or validating the Data Product against the official source for its own internal assurance, audit, model-risk, or regulatory purposes, or from recording the results of that work internally and disclosing them as Section 6 permits;
6. use the Data Product in any way that is unlawful, that infringes the rights of others, or that is outside the internal-use scope granted in Section 3; or
7. extend access to any person outside the Licensed Entity, including a client, customer, or group company that is not a Licensed Entity.

Redistribution rights, OEM or embedding rights, and coverage for entities that are not Licensed Entities are available only under a separate written agreement with the Publisher.

5. Ownership

As between the parties, the Publisher retains all right, title, and interest in and to the Structured Content and the Data Product, including all intellectual property rights. No rights are granted except the limited license expressly stated in this Agreement. The Publisher reserves all rights not expressly granted.

6. Confidentiality

The non-public elements of the Structured Content, including its organization and arrangement, are the Publisher's confidential information. The Licensee shall protect the Data Product from unauthorized access and shall not disclose it other than to Authorized Users bound by obligations at least as protective as this Agreement.

This Section does not apply to information that:

1. is or becomes public other than through the Licensee's breach of this Agreement, including the Source Regulatory Text, which is public. This paragraph covers the specific elements the Publisher itself publishes in listing material, documentation, or a free evaluation sample. It does not put the Structured Content as a whole, or its organization and arrangement, outside this Section by reason only of a sample being published;
2. the Licensee already knew free of any duty of confidence;
3. the Licensee develops independently without using the Structured Content; or
4. the Licensee rightfully receives from a third party free of any duty of confidence.

Permitted disclosures. Nothing in this Section prevents the Licensee from disclosing the Data Product, or material derived from it, to the Licensed Entity's regulators, supervisory authorities, examiners, external auditors, or professional advisers, or where disclosure is required by law, regulation, or a court or regulatory authority. A disclosure under this paragraph is limited to what the recipient reasonably requires, and a disclosure to an external auditor or professional adviser is made on terms of confidence. Where it is lawful and practicable to do so, the Licensee will tell the Publisher before making a legally compelled disclosure.

This Section expires three years after the licence ends, except that it continues to apply to any copy retained under Section 12 for as long as that copy is retained.

7. Verification

On not less than thirty days' written notice, and not more than once in any twelve month period, the Licensee shall, at the Publisher's request, either certify in writing that it is complying with this Agreement or, where the Publisher has a good-faith and articulable basis to believe a material breach has occurred, cooperate with a reasonable verification of its compliance. The same notice period and the same once in twelve months limit apply to both.

Verification is limited to the Licensee's use of the Data Product. It does not extend to the Licensee's systems, premises, customer data, or any information belonging to a third party. It is conducted at the Publisher's cost, unless it establishes a material breach. Anything the Licensee provides under this Section is the Licensee's confidential information, and the Publisher shall use it only to verify compliance.

8. Relationship to Snowflake

The Data Product is distributed through Snowflake Marketplace.

This Agreement is solely between the Publisher and the Licensee, and not Snowflake Inc., except where Snowflake Inc. is itself the Licensee.

The Publisher is solely responsible and liable for the Data Product and for the Publisher's obligations under this Agreement, including any maintenance and support services.

The Licensee's use of the Snowflake platform, and the Licensee's relationship with Snowflake Inc., are governed by the Licensee's own separate agreement with Snowflake Inc. This Agreement governs only the Licensee's rights in the Data Product and does not modify, restate, or replace that separate agreement. Nothing in this Agreement reduces any right the Licensee has against Snowflake Inc. under that agreement.

9. Availability, Updates, and the Version of These Terms

The Data Product is a versioned point-in-time compilation. The Publisher reissues it on the cadence stated in the listing and in RELEASES. A reissue replaces the contents of the Shared Objects, and the Licensee's access continues without further action. The Publisher may correct and supplement a release, and may add Shared Objects and columns. The Publisher does not remove a core Shared Object or column from a released product, and will give the Licensee reasonable advance notice before deprecating or renaming any other Shared Object or column.

Which version of this Agreement applies. The version in force between the Publisher and a Licensee is the version published at the time that Licensee obtained the Data Product. A reissue of the Data Product does not amend this Agreement, and a version published later for a subsequent release does not apply to an existing Licensee unless that Licensee agrees to it under Section 14. The release named at the top of this document identifies the release it was published for. It is not a limit on the licence. The Publisher retains each published version of this Agreement and will provide the applicable version to a Licensee on request.

10. No Legal Advice; Warranty Disclaimer

The Data Product is regulatory information, not legal advice.

VERBATIM_TEXT records the wording of the source instrument and, as between the fields of the Data Product, it prevails over the Publisher's derived and generated fields. It is not a substitute for the regulator's own publication, which remains the sole authoritative source, as the final Section states. The derived and generated fields are the Publisher's structuring and are provided in good faith. The Licensee is responsible for confirming any compliance decision against the official source and its own advisers.

The Data Product is provided "as is" and "as available", and the Publisher disclaims all implied warranties, including merchantability, fitness for a particular purpose, and non-infringement, to the fullest extent permitted by law.

11. Limitation of Liability

To the fullest extent permitted by law, the Publisher shall not be liable for any indirect, incidental, special, consequential, or exemplary damages, or for lost profits, data, or goodwill. The Publisher's total aggregate liability arising out of or related to the Data Product shall not exceed the greater of the fees paid by the Licensee for the Data Product in the twelve months preceding the claim and one thousand Singapore dollars.

Nothing in this Agreement excludes or limits liability for fraud or fraudulent misrepresentation, for death or personal injury caused by negligence, or for any other liability that cannot lawfully be excluded or limited.

12. Term and Termination

Where there is an Order, this Agreement runs for the term of that Order. Where there is no Order, it runs for as long as the Licensee's access to the Shared Objects continues.

The Publisher may terminate this Agreement on notice if the Licensee materially breaches it and does not cure the breach within thirty days of that notice, and may withdraw the share on termination. Either party may terminate on notice where the other is subject to an insolvency event.

On termination or expiry the license ends and the Licensee shall cease use of the Data Product and delete any derived objects that contain a substantial part of the Structured Content. The Licensee may retain copies embedded in internal records already produced in good faith, and copies it must retain to meet a legal, regulatory, or record-retention obligation, for as long as that obligation lasts. Retained copies stay subject to Sections 4, 5, and 6.

Sections 1, 2, 4, 5, 6, 8, 10, 11, 13, 14, and the final Section survive termination, as does Section 3 for the sole purpose of construing Section 4. Section 7 survives for two years after termination and no longer.

13. Governing Law and Jurisdiction

This Agreement is governed by the laws of Singapore, without regard to conflict-of-laws rules. The parties submit to the exclusive jurisdiction of the courts of Singapore.

Nothing in this Section affects any condition of the source regulator's own terms referred to in the final Section, which are governed by their own law.

14. General

If any provision is held unenforceable, the remainder stays in effect. This Agreement is the entire agreement on its subject matter and supersedes prior understandings, and it may be amended only in a writing agreed by both parties and referencing it. An Order or enterprise agreement signed by the parties that conflicts with this Agreement controls to the extent of the conflict. Neither party may assign this Agreement without the other's consent, save that either may assign it to a successor to substantially all of its business. A person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 2001 to enforce any of its terms.

15. Source Documents and Regulatory Content

This Data Product quotes and cites the Manual of Regulations for Banks (MORB) issued by the Bangko Sentral ng Pilipinas (BSP). The complete official Manual is not included in, or redistributed with, this data product. It is freely available from the BSP, which remains the sole authoritative source, at the pages below (verified 24 July 2026). Consult the BSP website for the authoritative and current version. Nothing in this Agreement restricts the Licensee's independent right to obtain and use the official documents from the BSP.

The regulatory text reproduced in this data product originates from Bangko Sentral ng Pilipinas publications and can be freely retrieved from the BSP website at no cost. It is reproduced with attribution to the BSP as source, in accordance with the BSP website Terms of Use.

Modifications made by the Publisher. The Publisher has not altered the wording of the regulatory text. The Publisher has changed how that text is presented, and those changes are as follows. The continuous text of the Manual has been divided into discrete obligation records, each carrying a VERBATIM_TEXT span extracted from its surrounding document. Provisions that are not duties have not been carried into the register. Derived and generated fields have been added, including classifications, summaries, interpretation, topics, and graph relationships. Those fields are the Publisher's additions and are not the BSP's words. The Publisher reproduces no BSP logo, seal, or crest.

Passing these notices on. Where the Licensee makes any part of the regulatory text available to another person, including on a reshare permitted by these terms or in a derived object or extract, the Licensee shall make available with it all three of the following: the attribution to the BSP as source, the statement that the text can be freely retrieved from the BSP website at no cost, and the statement that the presentation of the text has been modified as described in the paragraph above.

The BSP has not reviewed, approved, or endorsed this data product, and nothing in it represents approval or endorsement by the BSP.

Questions on licensing: profyt.ai/contact.