All posts tagged "BSP"
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392Asia-PacificPhilippines Fintech Push Makes it a Compelling Market to Watch
Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.
March 19, 2019 -
394Asia-PacificPhilippines Extends Compliance Deadline for LCR, NSFR
The BSP has given subsidiary banks and quasi-banks an extra year to meet the 100% LCR and NSFR requirements.
March 12, 2019 -
386Asia-Pacific
BSP Eyes Oversight Extension to Cover Banking Conglomerates
The BSP gained sweeping new powers last month, but it did not gain the oversight authority over conglomerates that own or control Philippine banks.
March 7, 2019 -
341Asia-Pacific
Philippine President Selects Budget Secretary as New BSP Chief
Benjamin Diokno will replace the late Nestor Espenilla as the new central bank chief. Observers had expected one of the three deputy governors to be named.
March 5, 2019 -
450Asia-PacificPhilippine President to Select New BSP Chief
Seen as a champion for banking reform and financial inclusion, BSP governor Nestor Espenilla passed away on Saturday after just 18 months on the job.
February 26, 2019 -
412Asia-Pacific
BSP Streamlines Licensing Process e-Financial Services Firms
The move is in line with BSP's reform agenda to promote digital innovation and increase availability of safer and more efficient channels for financial services.
February 25, 2019 -
468Asia-Pacific
Philippines Expands Central Bank Supervisory Powers
Amendments to the BSP’s charter will boost its capitalisation and extend its supervisory remit to all financial institutions in the country.
February 18, 2019 -
445Asia-Pacific
Philippine Banks Required to Report on Deposit, Loan Rates
Bank interest rates on loans and deposits will be published to allow consumers to compare costs, and to enhance the BSP's monitoring and analysis.
February 8, 2019 -
338Asia-Pacific
BSP Eases Licensing for Banks Seeking Special Authorities
Business decisions made largely as part of managing regular operations will no longer require the BSP's approval.
February 6, 2019 -
278Asia-Pacific
Philippine Central Bank Revises Computation of Banks’ Net Worth
The Philippines has changed its rules for calculating bank capital to better reflect asset quality and align with computations used for capital adequacy.
January 23, 2019
