Philippines

ESG / Sustainability

BSP Approves New Incentives to Promote Sustainable Finance

By Sanday Chongo Kabange | 19/12/2023

The measures include extra lending capability and a reduced reserve requirement rate on sustainable bonds issued by banks.

ESG / Sustainability

Bursa Malaysia Tops Asia in Gender Equality on Boards

By Mark Johnston | 14/12/2023

Bursa Malaysia has been ranked as Asia’s top exchange for gender equality in corporate boardrooms by the UN SSE and IFC.

Securities / Derivatives

Philippines Lists Maiden Sukuk Issuance on Nasdaq Dubai

By Nithya Subramanian | 13/12/2023

Benjamin Diokno said the enhances the Philippine Islamic finance market and strengthens economic ties with the Middle East.

Fintech / Regtech

BSP Extends Moratorium on New E-Money Licences

By Sanday Chongo Kabange | 13/12/2023

The BSP has extended its moratorium on applications for new non-bank e-money issuers until 15 December 2024.

ESG / Sustainability

Philippine SEC Launches Framework for Blue Bond Issuance

By Editors | 10/12/2023

SEC chairperson Emilio Aquino described the launch of the blue bond framework as a “giant leap” toward fostering a sustainable blue economy.

ESG / Sustainability

MAS Launches Coalition to Test Carbon Credits for Coal Phase-Out

By Editors | 04/12/2023

Two pilot projects will be undertaken to test the use of transition credits to help finance the early retirement of coal-fired plants.

Securities / Derivatives

Philippines: Trust Entities Allows to Access Primary Market for BSP Securities

By Mark Johnston | 01/12/2023

Trust entities have so far only been able to trade BSP securities in the secondary market. The change will help expand the investor base and market liquidity.

Crypto / Digital Assets

Philippine SEC to Ban Unregistered Foreign Trading Platforms

By Sanday Chongo Kabange | 28/11/2023

The SEC is planning to ban online stock and crypto trading platforms that are not registered to operate in the Philippines.

Crypto / Digital Assets

Philippines Set to Issue Maiden Tokenised Treasury Bonds

By Mark Johnston | 17/11/2023

The Philippines will issue the country’s first tokenised treasury bonds next week, available in PHP 10 million denominations.