Regulators closely watching 12 financial conglomerates in PH 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.
THE Bangko Sentral ng Pilipinas (BSP) announced that the Financial Sector Forum (FSF) performed a holistic risk assessment of a conglomerate and identified supervisory concerns in its second inter-agency cross-sectoral Supervisory College. The BSP also said that the FSF developed a coordinated supervisory plan to be implemented under respective Charters…
The Bangko Sentral ng Pilipinas (BSP) will not publicly disclose its list of domestic systemically important banks (D-SIBs) for fear that releasing the identities of the “too big to fail” banks could be viewed as “endorsements”. Banks considered as D-SIBs are the country's largest lenders. D-SIBs a
The ability of the central bank to dissect “mixed conglomerate structures” which is very challenging for the central bank because of its potential impact on domestic systemically important banks (D-SIBs), will be solved by the recent establishment of a comprehensive group-wide supervision of financi
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said financial regulators will start its cross-sectoral risk assessment of the country’s financial conglomerates by the second quarter this year.
BSP Governor Benjamin E. Diokno The BSP-led Financial Sector Forum (FSF) has recently es