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The Bangko Sentral ng Pilipinas (BSP) has tightened the rules on related party transactions by ensuring arm’s length principle is being followed in conglomerate and family-owned banks.

                    [DatePublished] => 2015-12-01 09:00:00
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                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
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FIGHTING ABUSIVE RELATED PARTY TRANSACTIONS

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The Bangko Sentral ng Pilipinas (BSP) has tightened the rules on related party transactions by ensuring arm’s length principle is being followed in conglomerate and family-owned banks.

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BSP tightens regulations on big, family-run banks

By Lawrence Agcaoili | December 1, 2015 - 9:00am

The Bangko Sentral ng Pilipinas (BSP) has tightened the rules on related party transactions by ensuring arm’s length...

Business