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FSS prepares penalty measures for HK-tied ELS sellers

The Financial Supervisory Service (FSS) plans to send out inspection reports to major sellers of equity-linked securities (ELS) products tied to the Hong Kong stock market, including five commercial banks - KB Kookmin, Hana, Shinhan, NH NongHyup Banks and Standard Chartered Bank Korea - sometime within this week.

Hong kongSouth koreaSoult ukpyolsiLee bok hyunShinhan bankStandard chartered bank koreaFutures commissionFinancial services commissionHana bankFinancial supervisory serviceKb kookmin bankGovernor lee bok hyunHyup banksKorea investmentMirae assetSamsung securities

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law.

Davao cityRochelled tomasBangko sentralRegional officeMarket conduct officeFinancial consumer protection actRepublic actMedia information sessionMindanao regional officeQuirino avenueConsumer assistance mechanismFinancial consumer protection

BSP steps up consumer protection program

BSP steps up consumer protection program
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Bangko sentralServices consumer protection actFinancial consumer protectionMarket conductRepublic actFinancial productsAssessment frameworkManagement assessment

BSP looks to implement consumer protection supervisory framework

BSP looks to implement consumer protection supervisory framework
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.

Bangko sentral supervised institutionBank financial institutionsFinancial consumer protectionMarket conductNon bank financialLuisa maria jacinta

IMF advises Seychelles Central Bank to improve transparency – New Business Ethiopia

IMF advises Seychelles Central Bank to improve transparency – New Business Ethiopia
newbusinessethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newbusinessethiopia.com Daily Mail and Mail on Sunday newspapers.

International monetary fundCentral bankCentral bank transparency codeAnnual reportFinancial consumer protectionFinancial stability act