^
+ Follow BANGKO SENTRAL REGISTRATION Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 101513
                    [Title] => BSP requires monthly reports on $ investments
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) ordered yesterday all custodian banks to submit a monthly report on their so-called Bangko Sentral Registration Document (BSRD) in a renewed efforts to crackdown on peso-dollar speculation and effectively monitor movements of foreign investments in the country.

not_entThe BSRD which serves as evidence of a foreign investment gives an investor the right to buy from the banking system the dollars needed to service the repatriation of capital and remi [DatePublished] => 2000-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 101496 [Title] => BSP assures investors on 90-day period [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) assured yesterday that its new ruling imposing a 90-day holding period for foreign investments placed in peso time deposits is "not intended to restrict legitimate investments."

In another clarification, following adverse reactions to the new circular, the BSP assured that "the registration of a foreign investment is not mandatory."

According to the BSP, registration is "only required if the foreign exchange to be used for servicing of capital repatriation and the remittance of dividends, profits and earnings thereon will be obtained fro [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

BANGKO SENTRAL REGISTRATION
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 101513
                    [Title] => BSP requires monthly reports on $ investments
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) ordered yesterday all custodian banks to submit a monthly report on their so-called Bangko Sentral Registration Document (BSRD) in a renewed efforts to crackdown on peso-dollar speculation and effectively monitor movements of foreign investments in the country.

not_entThe BSRD which serves as evidence of a foreign investment gives an investor the right to buy from the banking system the dollars needed to service the repatriation of capital and remi [DatePublished] => 2000-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 101496 [Title] => BSP assures investors on 90-day period [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) assured yesterday that its new ruling imposing a 90-day holding period for foreign investments placed in peso time deposits is "not intended to restrict legitimate investments."

In another clarification, following adverse reactions to the new circular, the BSP assured that "the registration of a foreign investment is not mandatory."

According to the BSP, registration is "only required if the foreign exchange to be used for servicing of capital repatriation and the remittance of dividends, profits and earnings thereon will be obtained fro [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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