Philippines

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.

Securities / Derivatives

Singapore, APEC Countries Issue Rules for Cross-Border Funds Sale

By Editors | 26/02/2015

A regional pact allowing a cross-border offering of funds within Asia Pacific is on track for implementation as Singapore and neighbouring nations in Asia Pacific issue new rules to govern the scheme.

Securities / Derivatives

Sanctions Compliance Deepens in Asia Pacific, Says SWIFT

By Editors | 25/11/2014

Evolving global sanctions laws aimed at combating financial crime is helping drive adoption of sanctions screening solutions in markets including Asia Pacific.

Securities / Derivatives

Philippines Lifts Bank Ownership Restrictions for Foreigners

By Editors | 20/11/2014

The Philippines has issued the implementing rules and regulations of the amended foreign banks law that now allows foreign banks to acquire up to 100% of a local lender.