Reforms seen to boost fund management industry - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
The Bangko Sentral ng Pilipinas (BSP) is proposing to further amend regulations on the creation of unit investment trust funds (UITFs), its plan rules, external audit and the reinvestments of the unit income of the distributing fund. A draft circular, currently being circulated to banks and non-ban
The Bangko Sentral ng Pilipinas (BSP) will issue additional policy guidelines for the trust business to improve liquidity and access particularly in the P1.3-trillion unit investment trust fund (UITF) market. BSP Governor Benjamin E. Diokno said that other than the three draft circulars the central
BSP tweaks UITF disclosure requirements mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
To boost the trust industry growth, the Bangko Sentral ng Pilipinas (BSP) is currently working on two new circulars and three regulatory issuances that will come out within the year – all aimed at encouraging investor confidence in the fund and asset management sector.
26146 BSP Governor Benjami