Philippines

MAS Cites Tax Concerns as ARFP Stumbling Block

By Editors | 19/09/2015

The Monetary Authority of Singapore has cited unfair tax treatments as its reason for not moving forward with the Asia Region Funds Passport scheme.

Securities / Derivatives

Philippine Regulator Seeks to Bypass Bank Secrecy Law

By Editors | 01/09/2015

The Securities and Exchange Commission of the Philippines is seeking leeway from Congress to scrutinise bank records so as to respond promptly when there are cases of securities violation.

Securities / Derivatives

Regulator Asks Philippine Stock Exchange to Explain Outages

By Editors | 27/08/2015

The Securities and Exchange Commission has asked the Philippine Stock Exchange to explain trading outages that halted all floor trading three times over a span of seven days in August.

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

Bangladesh to Launch First ETF within One Year

By Editors | 01/08/2015

The Bangladesh Securities and Exchange Commission is considering launching an ETF under existing rules for collective investment schemes.

Securities / Derivatives

Philippines and United States Sign FATCA Agreement

By Editors | 17/07/2015

The Philippines has signed a reciprocal intergovernmental agreement with the United States to implement provisions of the Foreign Account Tax Compliance Act (FATCA).

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.

Securities / Derivatives

Philippine Banks’ Capital Buffer Slid Slightly Amid Tougher Regulation

By Editors | 27/05/2015

Major banks’ capital buffer recorded slight decline although remaining at comfortable levels at the end of last year as banks raised record amounts of cash to meet tougher regulatory requirements.

Securities / Derivatives

Philippine Central Bank Boosts Shadow Banking Monitoring

By Editors | 10/03/2015

Philippine central bank is increasing surveillance on shadow banking to ensure the stability of the financial system.