Philippines

Structural Regulation

SEC to Rule on Philippines Exchange Merger

By Samuel Riding | 16/02/2016

Regulator to decide on merger of fixed income and equity exchanges within two months.

Structural Regulation

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.

Credit Risk

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.

Structural Regulation

PSE Submits Fixed Income Exchange Takeover Bid

By Samuel Riding | 28/01/2016

Philippine Stock Exchange meets extended deadline to submit detailed proposal on consolidation of equity, fixed income markets.

Capital Adequacy

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.

Structural Regulation

PSE-PSD Merger Deadline Extended

By Samuel Riding | 21/12/2015

SEC gives Philippine Stock Exchange extra 45 days to respond to queries on proposed merger with fixed income bourse operator.

Structural Regulation

PSE Faces Queries on PDS Deal

By Samuel Riding | 07/12/2015

Philippine Stock Exchange working to answer regulator’s questions on takeover of fixed income bourse operator.

Conduct, Culture & Accountability

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.

Cryptocurrency

Swift Seeks Regulatory Unity on Cryptocurrencies

By Samuel Riding | 24/11/2015

Payment service network’s research platform suggests regulatory uncertainty is hindering AML and CTF efforts.