Philippines

AML / KYC

Ownership Disclosure Rule Creates Market Risk – PSE

By Samuel Riding | 01/03/2016

Head of Philippine Stock Exchange says compliance with rule is ‘close to impossible’.

Market Infrastructure

Philippines Confirms New Bank Approval Rules

By Samuel Riding | 23/02/2016

Central bank confirms complete lifting of moratorium from 1 January, 2018.

Market Infrastructure

High Level of Compliance with New Philippines Securities Rules

By Samuel Riding | 21/02/2016

Regulator says 88 of 133 firms meet new regulations despite objections from brokers and dealers association.

Market Infrastructure

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.

Market Infrastructure

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.

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.

Market Infrastructure

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.

Market Infrastructure

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.

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.