Philippines

Securities / Derivatives

Philippine Banks’ Capital Buffer Slid Slightly Amid Tougher Regulation

By Editors | 27/05/2015

Major banks’ capital buffer recorded slight decline although remaining at comfortable levels at the end of last year as banks raised record amounts of cash to meet tougher regulatory requirements.

Securities / Derivatives

Philippine Central Bank Boosts Shadow Banking Monitoring

By Editors | 10/03/2015

Philippine central bank is increasing surveillance on shadow banking to ensure the stability of the financial system.

Securities / Derivatives

Singapore, APEC Countries Issue Rules for Cross-Border Funds Sale

By Editors | 26/02/2015

A regional pact allowing a cross-border offering of funds within Asia Pacific is on track for implementation as Singapore and neighbouring nations in Asia Pacific issue new rules to govern the scheme.

Securities / Derivatives

Sanctions Compliance Deepens in Asia Pacific, Says SWIFT

By Editors | 25/11/2014

Evolving global sanctions laws aimed at combating financial crime is helping drive adoption of sanctions screening solutions in markets including Asia Pacific.

Securities / Derivatives

Philippines Lifts Bank Ownership Restrictions for Foreigners

By Editors | 20/11/2014

The Philippines has issued the implementing rules and regulations of the amended foreign banks law that now allows foreign banks to acquire up to 100% of a local lender.

Securities / Derivatives

Philippine Regulator Hikes Minimum Capital for Banks

By Editors | 24/10/2014

Philippines’ central bank has raised the minimum capital requirement for all banks in a bid to boost the country’s banking system.

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.