Philippines

Securities / Derivatives

Philippine Central Bank May Require Banks to Raise Minimum Capital

By Editors | 25/09/2014

Philippine banks may be required to increase their minimum capital by as much as four times, a move that may trigger a consolidation in the local banking sector.

Securities / Derivatives

Philippine Banks Adhere to Basel III Norms, Says Central Bank

By Editors | 12/08/2014

The buffer capital of Philippine banks remain well above the benchmark set by the Bangko Sentral ng Pilipinas as of end-March, after the new Basel III standards were implemented for the first time at the start of the year, the central bank said.

Securities / Derivatives

Australia’s Fund Managers to Pursue Asia Region Funds Passport in S. Korea

By Editors | 17/06/2014

Australia’s top fund managers will lead high level discussions with South Korean officials and chief executives on how they can develop closer ties in financial services.

Securities / Derivatives

Philippine Senate Okays Bill Allowing Full Foreign Ownership of Banks

By Editors | 16/06/2014

The Philippine Senate has approved a bill seeking to expand the participation of foreign banks in the Philippine financial sector.

Securities / Derivatives

Philippine Central Bank Allows Banks to Set Service Hours

By Editors | 04/06/2014

The Monetary Board is allowing banks to extend operating hours and services even without securing regulatory approval.

Securities / Derivatives

ASEAN Exchanges Launches Three New Tradable ASEAN Indices

By Editors | 30/05/2014

ASEAN Exchanges has launched an expanded FTSE ASEAN Index Series including a comprehensive suite of indices broadly covering the growing ASEAN equity market.

Securities / Derivatives

Philippine Banks to Submit Stress Test Reports

By Editors | 20/05/2014

The Philippine central bank plans a stress test on banks and are asking lenders to submit reports on their assessment on the impact of interest rate changes on the real estate sector and on their balance sheets.

Securities / Derivatives

Indonesia’s Regulator to Promote Domestic Investors Entry in Markets

By Editors | 07/05/2014

The Financial Services Authority (OJK) says it will focus on encouraging more domestic investors into the country’s foreign-dominated capital market.

Securities / Derivatives

Finance Authorities in Asia Boost Cooperation on Oversight, Regulation

By Editors | 29/04/2014

Financial authorities in Asia have strengthened ties to advance their financial cooperation through the discussion of critical and common issues that affect markets in the region.