LabanPH

Public Record — M Lhuillier Financial Services

Court decisions, regulator orders, and major news-documented incidents involving M Lhuillier Financial Services. Every entry cites a primary government source or independent news coverage. LabanPH does not editorialize — we aggregate public records.

2025-01-01Food and Drug AdministrationRegulatory ActionFDA Advisory 2025-0017

FDA Advisory 2025-0017 — unregistered M Lhuillier-branded food product

The Food and Drug Administration issued FDA Advisory No. 2025-0017 warning the public against the unregistered food product 'M LHUILLIER Dried Mango Delights.' The advisory affects M Lhuillier's food products subsidiary and not the financial services arm. The product was found to lack the required Certificate of Product Registration.

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2024-11-28Bangko Sentral ng PilipinasPrimary-Source DocumentBSP Circular No. 1206 (2024)

BSP Circular No. 1206 consolidates rules requiring fee disclosure for money service businesses

BSP issued Circular No. 1206, Series of 2024, consolidating regulatory requirements for Money Service Businesses (MSBs) under the new Manual of Regulations for Non-Bank Financial Institutions. The circular covers Remittance Transfer Companies, Money Changers/FX Dealers, E-Money Issuers, and Virtual Asset Service Providers. It requires MSBs to provide transparent disclosure of charges. The rule takes effect 15 calendar days after publication in the Official Gazette or a newspaper of general circulation. M Lhuillier Financial Services, Cebuana Lhuillier and other listed remittance providers operate as MSBs subject to this circular.

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2013-06-05News MediaDocumented Incident

Two M Lhuillier branches in Naga, Cebu robbed within two days

Two separate M Lhuillier branches in Naga, Cebu were robbed in the span of two days. The Freeman reported the incidents as a coordinated pattern, with police investigating whether the same group was responsible.

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2011-04-08News MediaDocumented Incident

₱5 million jewelry heist on M Lhuillier managers at Cebu airport

Two M Lhuillier managers were robbed of approximately ₱5 million in jewelry shortly after leaving Cebu's Mactan airport. Police identified the Ozamis robbery gang as suspects and questioned whether the operation involved inside information.

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2006-05-03Supreme Court of the PhilippinesCourt DecisionG.R. No. 166786

Supreme Court companion ruling on pawnshop tax classification

Companion case to G.R. No. 150947, reaffirming that pawnshops are not subject to the 5% lending investor's tax. The Court applied the same reasoning regarding the limits of the Bureau of Internal Revenue's authority to issue regulations expanding the scope of taxable entities.

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2003-07-15Supreme Court of the PhilippinesCourt DecisionG.R. No. 150947

Supreme Court rules in M Lhuillier's favor in pawnshop tax case

The Supreme Court ruled in favor of Michel J. Lhuillier Pawnshop, Inc. in CIR v. Michel J. Lhuillier Pawnshop, Inc., declaring Revenue Memorandum Order No. 15-91 and Revenue Memorandum Circular No. 43-91 invalid for imposing the 5% lending investor's tax on pawnshops. The Court held that pawnshops are not subject to the lending investor's tax under the National Internal Revenue Code in effect at the time.

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1998-01-28Supreme Court of the PhilippinesCourt DecisionG.R. No. 105892

Supreme Court affirms illegal dismissal finding against predecessor pawnshop

In Leiden Fernandez et al. v. NLRC and Marguerite Lhuillier / Agencia Cebuana-H. Lhuillier, the Supreme Court affirmed the NLRC's finding that 9 of 11 employees were illegally dismissed by Marguerite Lhuillier's pawnshop operation, the predecessor entity to the present-day M Lhuillier Financial Services. The Court ordered reinstatement and back wages.

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