Philippines

AML / KYC

BSP Issues New Pawnshop Rules

By Samuel Riding | 16/12/2016

New regulations aim to enhance financial inclusion, consumer protection.

Japan – 2016 in Review

By Samuel Riding | 15/12/2016

Japanese regulators break from the pack on capital regulation, HFT and fintech.

Market Infrastructure

Philippines Eases FX Rules to Support 100% Foreign Ownership of Banks

By Samuel Riding | 15/12/2016

Central bank has been amending rules related to foreign banking in bid to attract more depositors.

Market Infrastructure

Philippines Eases Bank Branch Opening Rules

By Samuel Riding | 12/12/2016

Lenders will now be able to set up branches in previously restricted areas.

Securities / Derivatives

PSE Kicks off USD Securities Regime

By Samuel Riding | 08/12/2016

Exchange to hold training sessions for traders and back office staff; expects REIT regulation soon.

AML / KYC

Philippine Central Bank Pushes Reform of 23-Year-Old Charter

By Samuel Riding | 07/12/2016

Reform would see BSP receive more financial support to enhance regulatory and supervisory powers.

AML / KYC

Philippines Set to Boost AML Council Powers

By Samuel Riding | 02/12/2016

Strengthened AML Act would include power to immediately freeze accounts.

Market Infrastructure

Thailand, Myanmar Discuss Banking Equivalency

By Samuel Riding | 30/11/2016

Agreement under ASEAN Banking Integration Framework would be 1st for Myanmar.

BSP to Bar Trusts from Deposit Facilities

By Samuel Riding | 28/11/2016

Regulator says move should prompt trust companies to invest in capital markets.