+ Follow FINANCIAL SERVICES AUTHORITY Tag
FINANCIAL SERVICES AUTHORITY
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 898537
[Title] => PNB-Allied Bank merger moves closer to completion
[Summary] => The merger between Philippine National Bank (PNB) and Allied Banking Corp. is expected to be completed next month, a disclosure to the Philippine Stock Exchange (PSE) said.
[DatePublished] => 2013-01-19 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 870271
[Title] => BPI, PNB-Allied in merger talks Union seen to create country’s biggest bank
[Summary] => The Ayala-controlled Bank of the Philippine Islands (BPI) and Lucio Tan’s Philippine National Bank (PNB) have entered into negotiations for a possible merger that would create the country’s biggest lender.
[DatePublished] => 2012-11-22 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] => http://imageshack.us/a/img43/593/bus1thumb.jpg
)
[2] => Array
(
[ArticleID] => 711024
[Title] => iRemit sets up wholly-owned unit in Europe
[Summary] => iRemit Inc., the country’s largest Filipino-owned non-bank remittance company, has further stepped up its presence in the global markets with the establishment of a wholly-owned subsidiary in Europe.
[DatePublished] => 2011-07-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 391079
[Title] => BPI gets conditional approval to set up branch in London
[Summary] =>
The Financial Services Authority (FSA) in London has approved the application of the Bank of the Philippine Islands (BPI) (Europe) Plc to establish a branch in the area, a ranking bank official said.
BPI vice president Gertie K. Sinio told the Philippine Stock Exchange (PSE) that they were informed of the approval through an e-mail message, wherein the FSA also required BPI to submit proof of its capitalization and other documents prior to its final decision.
The application for a branch in London was submitted last year.
[DatePublished] => 2007-03-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 224470
[Title] => Council studies proposal to set up a single financial regulator
[Summary] => The multi-sectoral Capital Market Development Council (CMDC) is studying a proposal to establish a single financial regulator by merging the Securities and Exchange Commission, the Bangko Sentral ng Pilipinas and the Insurance Commission.
CMDC chairman Chit Manabat said several members of the council have underscored the need to create a single regulatory body to oversee the financial markets in order to ensure tighter supervision over banks, publicly-listed corporations, brokerage houses, investment houses, mutual fund firms, and other market players.
[DatePublished] => 2003-10-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 173483
[Title] => Merger of BSP, SEC, IC into financial superbody pushed
[Summary] => The Securities and Exchange Commission is lobbying in Congress for the creation of a single financial regulator by merging the securities watchdog, Bangko Sentral ng Pilipinas (BSP) and the Insurance Commission (IC).
In a position paper submitted to the House, the SEC said lawmakers should consider moving towards the consolidation of all financial market regulations into a single entity to enhance efficiencies and enforce uniform regulatory standards for the financial markets.
[DatePublished] => 2002-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 154639
[Title] => SEC tightens grip on auditing practices in wake of Enron fiasco
[Summary] => In the aftermath of the celebrated Enron collapse in the United States, the Securities and Exchange Commission (SEC) is further tightening its grip on the auditing practice in the Philippines as it seeks several reforms in accounting standards.
"The Enron case has indeed become a catalyst for much needed change in corporate governance and the accounting profession, in particular," SEC Chairman Lilia Bautista told members of the Financial Executives Institute of the Philippines (Finex) in a forum.
[DatePublished] => 2002-03-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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