When the Japanese occupied Manila, they brought with them Southern Regions Development Banknotes (a.k.a. Japanese Invasion Money) and circulated them immediately. Similar notes were already in use in previously invaded territories such as Malaya, Burma, and the Dutch East Indies. Persons found carrying any other type of money were severely punished. By 1943, with a Japanese-sponsored government in place, a new set of notes with the Rizal Monument in denominations of 1, 5, 10, and 100 pesos were issued.