Bangko Sentral ng Pilipinas

    AML / KYC

    BSP Imposes $21mn Fine Following AML Failures

    By Editors | 08/08/2016

    Largest-ever fine imposed after USD 81M Bangladesh Bank heist on RCBC.

    Securities / Derivatives

    Philippines: Adapting to LCR

    By Wolters Kluwer Financial Services | 05/05/2016

    One of the biggest pain points banks in the Philippines will soon face is the calculation of liquidity coverage, according to Wolters Kluwer.

    Market Infrastructure

    Graeme Wheeler to Head BIS’s Asian Council

    By Samuel Riding | 01/04/2016

    New Zealand Reserve Bank Governor replaces Amando Tetangco Jr of BSG.

    Market Infrastructure

    Philippines Confirms New Bank Approval Rules

    By Samuel Riding | 23/02/2016

    Central bank confirms complete lifting of moratorium from 1 January, 2018.

    Market Infrastructure

    Philippines Lifts 17-year Ban on New Bank Licenses

    By Samuel Riding | 11/02/2016

    Central bank to fully remove moratorium on new approvals by 2018.

    BSP Takes on Credit Card Regulation

    By Samuel Riding | 03/02/2016

    Central bank to have supervisory powers over credit card issuers, acquirers and transactions.

    Market Infrastructure

    BSP Suggests Domestic Banks Seek Foreign Capital

    By Samuel Riding | 27/01/2016

    Philippine central bank says greater competition and global capital, risk standards could hurt incumbents.

    BSP Tightens Regulations on Family-owned Banks

    By Samuel Riding | 03/12/2015

    Philippines central bank says conglomerate and family-owned banks must maintain ‘arm’s length’ principle.

    Securities / Derivatives

    Regulatory Framework positive for Philippine Microfinance Sector

    By Editors | 21/08/2015

    The Asian Development Bank Institute has published a working paper attributing the growth of the Philippine microfinance sector to conducive government policies which promote private sector innovation and enable a market-based financial ecosystem.

    Securities / Derivatives

    Philippine Central Bank Imposes Higher Capital Requirement on Banks

    By Editors | 08/06/2015

    Bangko Sentral ng Pilipinas has issued a new regulation requiring banks to maintain a minimum of 5 percent leverage ratio.

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