BANGKO SENTRAL NG PILIPINAS

AML / KYC

Philippine Authorises ‘Cash Agents’ in Financial Inclusion Drive

By Samuel Riding | 20/01/2017

Banks will be allowed to use off-site agents, including at convenience stores, to provide withdrawals, conduct KYC.

Market Infrastructure

Philippines Shuts 1st Rural Bank in 2017

By Samuel Riding | 16/01/2017

There are still 471 rural lenders left as BSP efforts to rationalise sector continue.

Capital / Liquidity

Philippine Banks Miss Agriculture Loan Target

By Samuel Riding | 04/01/2017

Loan allocation of 13.92% to the sector falls well short of 25% required.

Capital / Liquidity

Philippines Defers Full Adoption of Basel 3 Leverage Ratio

By Samuel Riding | 03/01/2017

Central bank says delayed implementation will allow banks to calibrate exposures.

Capital / Liquidity

Philippines to Offer Temporary Relief from Capital Requirements

By Samuel Riding | 23/12/2016

Central bank proposes regulatory incentives to encourage consolidation in banking sector.

Philippines – 2016 in Review

By Samuel Riding | 22/12/2016

Throughout the year, regulators made continuous efforts to enhance and internationalise the domestic market.

Uncategorised

Greater Mekong Region – 2016 in Review

By Samuel Riding | 19/12/2016

Small markets working together to create a big difference through banking integration, fintech innovation.

AML / KYC

BSP Issues New Pawnshop Rules

By Samuel Riding | 16/12/2016

New regulations aim to enhance financial inclusion, consumer protection.

Market Infrastructure

Philippines Eases FX Rules to Support 100% Foreign Ownership of Banks

By Samuel Riding | 15/12/2016

Central bank has been amending rules related to foreign banking in bid to attract more depositors.