The Bangko Sentral ng Pilipinas (BSP) Monetary Board on Friday revoked the authority of Owen & Sons Pawnshop, Foreign Exchange and Remittance Services, Inc.'s to operate as a pawnshop citing violations as a money service business.

In a statement, the BSP said it also cancelled the Owen & Sons' registration as a foreign exchange dealer (FXD)/money changer (MC) and remittance transfer company (RTC).

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