Philippines

Market Infrastructure

ASEAN Regulators Finalise Implementation Plans

By Samuel Riding | 12/04/2016

Capital Markets Forum plans include capacity building, ‘young regulators’ programme.

AML / KYC

Philippine Stock Exchange to Tighten AML Measures

By Samuel Riding | 05/04/2016

Enhanced KYC rules to be introduced in aftermath of Bangladesh Bank scandal.

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.

Gambling with Financial Inclusion

By Peter Guy | 29/03/2016

Casinos exemption from AML could jeopardise the money transfer and remittance services on which Philippines’ economy depends.

AML / KYC

Philippines Banking Association Eyes Financial Crime Unit

By Samuel Riding | 17/03/2016

Incoming BAP president to consider predecessor’s recommendation for AML, CTF committee.

Market Infrastructure

Bangladesh Bank Claims Hackers Attempted to Take $951mn

By Editors | 15/03/2016

Finance Minister learned of it only a month later when news initially appeared in the media.

AML / KYC

Ownership Disclosure Rule Creates Market Risk – PSE

By Samuel Riding | 01/03/2016

Head of Philippine Stock Exchange says compliance with rule is ‘close to impossible’.

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

High Level of Compliance with New Philippines Securities Rules

By Samuel Riding | 21/02/2016

Regulator says 88 of 133 firms meet new regulations despite objections from brokers and dealers association.