All posts tagged "BSP"
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160Asia-PacificBSP Relaxes Requirements on Issuance of Debt Instruments
Related companies of issuing banks are allowed to underwrite or arrange LTNCTDs, bonds and commercial papers, subject to certain conditions.
December 3, 2019 -
367Asia-Pacific
BSP to Phase In ESG-related Regulations for Banks
The first phase will involve high-level principles on ESG integration. The second will provide granular expectations. The third will cover regulatory incentives.
November 28, 2019 -
173Asia-Pacific
BSP Excludes Interbank Borrowings from Reserve Calculations
"The exclusion of these types of borrowings from the reserve base of banks and quasi-banks will result in freed-up liquidity for lending or investment activities,” the BSP said.
November 25, 2019 -
264Asia-Pacific
Philippines Mulls Imposing Limits on Lending Rates, Fees
The BSP is considering placing limits on the interest rates and other fees lenders and finance companies can charge borrowers in response to a request from the SEC.
October 30, 2019 -
344Asia-Pacific
BSP Announces New Round of Reserve Requirement Cuts
The fresh 100bp RRR cut follows a 100bp cut announced last month and a three-step 200bp cut from May to July this year.
October 25, 2019 -
400AML / KYCPhilippines to Start Issuing New National IDs in April
The new IDs will make it easier for the unbanked to open accounts and avail of financial financial services, said BSP governor Benjamin Diokno.
October 24, 2019 -
429Asia-Pacific
Philippines to Adopt QR Codes for Payments Nationally
Once the national QR code standard is established, bank and non-bank payment providers will have 30 days for adoption. Those already offering QR-enabled payments will have until mid-2020.
October 24, 2019 -
382Fintech / RegtechSuptech Gains Momentum but Approaches Vary: FSI Paper
Suptech use cases have mainly clustered around misconduct analysis, reporting and data management, according a new paper from the BIS Financial Stability Institute.
October 23, 2019 -
302Asia-Pacific
BSP Reduces Reserve Requirement for Bank Bonds
The move to lower is aimed at deepening the debt market and reducing the intermediation cost that bond issuers could pass on to bond holders.
October 18, 2019 -
269Asia-Pacific
Philippines: BSP Approves Amended D-SIBs Framework
A bank’s size and interconnectedness will be given greater importance in the assessment to determine its systemic importance in the Philippines.
October 16, 2019
