^
+ Follow BASLE CONVENTION Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 406111
                    [Title] => Senators deny JPEPA railroad
                    [Summary] => 

Senators justified yesterday the ratification of the Japan-Philippines Economic Partnership Agreement or JPEPA, saying ...

[DatePublished] => 2008-10-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 365191 [Title] => RP won’t be Japan’s dumping ground – DTI [Summary] => Not to worry.

The country will not be deluged with toxic and hazardous wastes from Japan under the Japan-Philippines Economic Partnership Agreement (JPEPA), Trade Secretary Peter Favila said yesterday.
[DatePublished] => 2006-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 267849 [Title] => BSP to open special credit info center [Summary] => The Bangko Sentral ng Pilipinas (BSP) said its special credit information center will be operational by July this year, allowing the creation of a central databank that would provide banks with the credit profile and history of both corporate and individual borrowers.

The BSP said no decision has been made on who would head the special unit but BSP Deputy Governor Alberto V. Reyes said the unit would be up and running within six months.
[DatePublished] => 2005-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 261944 [Title] => Loan applicants can no longer hide identities under new BSP rule [Summary] => Borrowers will soon be required to waive their rights to secrecy before they could qualify for loans as the Bangko Sentral ng Pilipinas (BSP) prepares to implement an interim measure that would allow it to act as a temporary credit information body.

After almost a year of sorting through legal impediments to the creation of a separate credit information bureau, BSP officials said they have resigned to the possibility of assuming the responsibility while Congress has not passed the relevant laws and amended existing laws.
[DatePublished] => 2004-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 253603 [Title] => Bangko Sentral to act as credit information bureau [Summary] => The refusal of banks to share client information will force the Bangko Sentral ng Pilipinas (BSP) to act as a credit information bureau while waiting for Congress to amend the pertinent provisions of the Bank Secrecy Law.

After sorting through the legal questions blocking the creation of an actual bureau, BSP Governor Rafael Buenaventura said the central bank will have to do it until the law has been amended.
[DatePublished] => 2004-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 248560 [Title] => BSP tightens up on compliance system of banks [Summary] => The Bangko Sentral ng Pilipinas (BSP) is tightening up on the compliance programs of the banking industry by making the boards of directors responsible for their banks’ compliance with banking rules and regulations.

The BSP is issuing a new memorandum circular requiring banks to align their compliance programs with the provisions of the Basle Convention.
[DatePublished] => 2004-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 248581 [Title] => BSP wants bank borrowers to prove their creditworthiness [Summary] => The Bangko Sentral ng Pilipinas (BSP) will make it more difficult for borrowers to secure bank loans unless they agree to disclose their credit profile to prove their creditworthiness.

Pushing for the creation of the centralized credit information bureau, the BSP revealed yesterday that several policies were under consideration to restrict lending to un-profiled borrowers by making it more expensive for banks to lend and for such borrowers to borrow.
[DatePublished] => 2004-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 243482 [Title] => Banks okay BSP as intermediary in credit info bureau [Summary] => Banks have agreed in principle with the proposal to allow the Bangko Sentral ng Pilipinas (BSP) to act as information arbiter in the proposed credit information bureau, an entity that would facilitate the collection and dissemination of credit information on corporate and individual borrowers.

The BSP has been pressing the banking industry to establish the credit information bureau before the end of 2004, even threatening to raise the minimum capital adequacy requirement of banks and increase the risk-weighting of their loans if the industry fails to comply.
[DatePublished] => 2004-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 242610 [Title] => BSP to act as repository for proposed credit info bureau [Summary] => The Bangko Sentral ng Pilipinas (BSP) will act as intermediary between banks and the proposed credit information bureau to facilitate the collection and dissemination of credit information on corporate and individual borrowers.

The BSP has been pressing the banking industry to establish the credit information bureau before yearend, even threatening to raise the minimum capital adequacy requirement of banks and increase the risk-weighting of their loans if the industry fails to comply.
[DatePublished] => 2004-03-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 230521 [Title] => BSP approves accreditation of PhilRatings [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved the accreditation of Philippine Rating Services Corp. (PhilRatings) as the first local credit rating agency to be recognized for bank supervisory purposes.

BSP Governor Rafael Buenaventura said yesterday the accreditation of PhilRating was approved by the Monetary Board, giving banks an option outside of foreign credit rating agencies.

Buenaventura said the MB approval was the first under its new guidelines on credit rating agencies since the BSP began the shift in its regulatory policies towards risk-weighting.
[DatePublished] => 2003-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BASLE CONVENTION
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 406111
                    [Title] => Senators deny JPEPA railroad
                    [Summary] => 

Senators justified yesterday the ratification of the Japan-Philippines Economic Partnership Agreement or JPEPA, saying ...

[DatePublished] => 2008-10-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 365191 [Title] => RP won’t be Japan’s dumping ground – DTI [Summary] => Not to worry.

The country will not be deluged with toxic and hazardous wastes from Japan under the Japan-Philippines Economic Partnership Agreement (JPEPA), Trade Secretary Peter Favila said yesterday.
[DatePublished] => 2006-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 267849 [Title] => BSP to open special credit info center [Summary] => The Bangko Sentral ng Pilipinas (BSP) said its special credit information center will be operational by July this year, allowing the creation of a central databank that would provide banks with the credit profile and history of both corporate and individual borrowers.

The BSP said no decision has been made on who would head the special unit but BSP Deputy Governor Alberto V. Reyes said the unit would be up and running within six months.
[DatePublished] => 2005-01-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 261944 [Title] => Loan applicants can no longer hide identities under new BSP rule [Summary] => Borrowers will soon be required to waive their rights to secrecy before they could qualify for loans as the Bangko Sentral ng Pilipinas (BSP) prepares to implement an interim measure that would allow it to act as a temporary credit information body.

After almost a year of sorting through legal impediments to the creation of a separate credit information bureau, BSP officials said they have resigned to the possibility of assuming the responsibility while Congress has not passed the relevant laws and amended existing laws.
[DatePublished] => 2004-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 253603 [Title] => Bangko Sentral to act as credit information bureau [Summary] => The refusal of banks to share client information will force the Bangko Sentral ng Pilipinas (BSP) to act as a credit information bureau while waiting for Congress to amend the pertinent provisions of the Bank Secrecy Law.

After sorting through the legal questions blocking the creation of an actual bureau, BSP Governor Rafael Buenaventura said the central bank will have to do it until the law has been amended.
[DatePublished] => 2004-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 248560 [Title] => BSP tightens up on compliance system of banks [Summary] => The Bangko Sentral ng Pilipinas (BSP) is tightening up on the compliance programs of the banking industry by making the boards of directors responsible for their banks’ compliance with banking rules and regulations.

The BSP is issuing a new memorandum circular requiring banks to align their compliance programs with the provisions of the Basle Convention.
[DatePublished] => 2004-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 248581 [Title] => BSP wants bank borrowers to prove their creditworthiness [Summary] => The Bangko Sentral ng Pilipinas (BSP) will make it more difficult for borrowers to secure bank loans unless they agree to disclose their credit profile to prove their creditworthiness.

Pushing for the creation of the centralized credit information bureau, the BSP revealed yesterday that several policies were under consideration to restrict lending to un-profiled borrowers by making it more expensive for banks to lend and for such borrowers to borrow.
[DatePublished] => 2004-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 243482 [Title] => Banks okay BSP as intermediary in credit info bureau [Summary] => Banks have agreed in principle with the proposal to allow the Bangko Sentral ng Pilipinas (BSP) to act as information arbiter in the proposed credit information bureau, an entity that would facilitate the collection and dissemination of credit information on corporate and individual borrowers.

The BSP has been pressing the banking industry to establish the credit information bureau before the end of 2004, even threatening to raise the minimum capital adequacy requirement of banks and increase the risk-weighting of their loans if the industry fails to comply.
[DatePublished] => 2004-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 242610 [Title] => BSP to act as repository for proposed credit info bureau [Summary] => The Bangko Sentral ng Pilipinas (BSP) will act as intermediary between banks and the proposed credit information bureau to facilitate the collection and dissemination of credit information on corporate and individual borrowers.

The BSP has been pressing the banking industry to establish the credit information bureau before yearend, even threatening to raise the minimum capital adequacy requirement of banks and increase the risk-weighting of their loans if the industry fails to comply.
[DatePublished] => 2004-03-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 230521 [Title] => BSP approves accreditation of PhilRatings [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved the accreditation of Philippine Rating Services Corp. (PhilRatings) as the first local credit rating agency to be recognized for bank supervisory purposes.

BSP Governor Rafael Buenaventura said yesterday the accreditation of PhilRating was approved by the Monetary Board, giving banks an option outside of foreign credit rating agencies.

Buenaventura said the MB approval was the first under its new guidelines on credit rating agencies since the BSP began the shift in its regulatory policies towards risk-weighting.
[DatePublished] => 2003-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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