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[ArticleID] => 249613
[Title] => SEC, BSP agree on joint audit of non-bank financial institutions
[Summary] => The Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas(BSP) have agreed to conduct joint examination of entities they both regulate to ensure an effective and efficient supervision of the financial sector.
[DatePublished] => 2004-05-11 00:00:00
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[AuthorName] => Zinnia B. Dela Peña
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[Title] => New capital adequacy rules effective in July
[Summary] => The Bangko Sentral ng Pilipinas (BSP) clarified anew its recently announced policy on risk weighting of assets under the new risk-based capital adequacy guidelines for banks based on the Basle Committee recommen-dation.
The guidelines, which will take effect on July 1, 2001, require banks to maintain a minimum capital-to-risk assets ratio of 10 percent, the same as the current requirement, computed both on solo and consolidated basis.
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BASLE COMMITTEE
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[Title] => SEC, BSP agree on joint audit of non-bank financial institutions
[Summary] => The Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas(BSP) have agreed to conduct joint examination of entities they both regulate to ensure an effective and efficient supervision of the financial sector.
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[Title] => New capital adequacy rules effective in July
[Summary] => The Bangko Sentral ng Pilipinas (BSP) clarified anew its recently announced policy on risk weighting of assets under the new risk-based capital adequacy guidelines for banks based on the Basle Committee recommen-dation.
The guidelines, which will take effect on July 1, 2001, require banks to maintain a minimum capital-to-risk assets ratio of 10 percent, the same as the current requirement, computed both on solo and consolidated basis.
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abtest
By Zinnia B. Dela Peña | May 11, 2004 - 12:00am
April 24, 2001 - 12:00am
Recommended
The Senate is eyeing a shorter trial for impeached Vice President Sara Duterte – originally expected to last for seven to eight months – so that the chamber can still have time for important legislative measures including the proposed 2027 national budget.
6 hours ago
Anti-corruption groups staged protest marches in Makati and Quezon City yesterday, demanding accountability from government officials suspected of involvement in the multibillion-peso flood control scandal, while urging the Senate to proceed with the impeachment trial of Vice President Sara Duterte.
6 hours ago
The upcoming impeachment trial of Vice President Sara Duterte could last seven months, based on the proposed trial days of both prosecution and defense panels, Senate Secretary Renato Bantug said, making it the longest impeachment trial ever.
1 day ago
House prosecutors are bracing for a legal battle over a sealed box containing Vice President Sara Duterte’s tax records, even as the Senate formally cleared all procedural hurdles to open her impeachment trial on July 6.
2 days ago
The House prosecutors believe that the tax records of Vice President Sara Duterte and her husband, contained in a sealed box, are relevant in the impeachment case.
2 days ago
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