BANGKO SENTRAL NG PILIPINAS

Capital / Liquidity

New BSP Chief Eyes Cut to One of World’s Highest RRRs

By Editors | 06/07/2017

Philippine banks currently have to keep 20% in reserve; liquidity requirements were eased earlier this year.

AML / KYC

KYC Roundup – India Confirms Mandatory ‘Aadhar’ Use

By Editors | 19/06/2017

India makes use of Aadhar cards compulsory for opening bank accounts, large transactions The Indian government last week confirmed that […]

ESG / Sustainability

BSP, World Bank Unit Ink Agreement on Bank ESG

By Samuel Riding | 31/05/2017

Banking regulator, International Finance Corporation to develop new governance and risk management assessment tools.

AML / KYC

HK SFC Launches Broker Cybersecurity Consultation

By Editors | 09/05/2017

Cybercrime rapidly becoming a top priority of Asia Pacific regulators.

Philippines to Tighten Bank Governance Rules

By Samuel Riding | 08/05/2017

Requirements will be similar to those for listed firms, include punishment framework for breaches.

Capital / Liquidity

Philippines to Ease Fund Derivative Rules

By Samuel Riding | 24/04/2017

Securities regulator also planning new investment management risk guidelines.

AML / KYC

Philippines to Introduce ‘Basic’ Banking

By Samuel Riding | 18/04/2017

Accounts will have easier KYC and low balance requirements in bid to boost financial inclusion.

AML / KYC

BSP to Mandate Multi-factor Authentication

By Samuel Riding | 10/04/2017

Measures are a reaction to rising threat of cybercrime.

AML / KYC

Malaysia Inks Cross-border Agreements with Philippines, Thailand

By Samuel Riding | 07/04/2017

MoU with Thailand covers cross-border supervision; Philippines agreement confirms ABIF details.