Philippines

Capital / Liquidity

BSP Considering License Applications of 6 Foreign Banks

By Samuel Riding | 02/03/2017

14 foreign institutions have set up operations in the country since liberalisation in 2014.

AML / KYC

HK Regulatory, Compliance Demand Steady

By Samuel Riding | 01/03/2017

Morgan McKinley report says cybersecurity among the strongest areas of demand.

Market Infrastructure

PSE Set to Agree Fixed Income Exchange Merger

By Samuel Riding | 28/02/2017

CEO Hans Sicat expected to become head of corporate bond board operator.

Capital / Liquidity

Philippines Eases Bank Liquidity Requirements

By Samuel Riding | 20/02/2017

Central bank says upcoming LCR will provide ‘better gauge of liquidity standing’.

OTC Margining – Delaying the Inevitable, Inevitably

By Samuel Riding | 16/02/2017

Regulators, and those they regulate, simply weren’t ready to implement variation margin requirements.

Capital / Liquidity

Philippine Central Bank Warns on VM Liquidity Risk

By Samuel Riding | 15/02/2017

BSP urges banks to assess readiness to comply, evaluate impact on operational risk.

Securities / Derivatives

Thai Stock Exchange Eyes Move to T+2

By Samuel Riding | 10/02/2017

Bond market, futures exchange already support T+2, T+1 settlement.

AML / KYC

BSP Sets Virtual Currency Exchange Rules

By Samuel Riding | 09/02/2017

New guidelines aim to regulate digital currencies used in financial services delivery to curb AML, CTF.

Capital / Liquidity

Philippines Central Bank Governor Declines Reappointment

By Samuel Riding | 08/02/2017

Amando Tetangco has served for 12 years; 3 monetary board members to also step down.