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Non-bank gov't bodies ordered to formulate investment frameworks

MANILA - President Rodrigo R. Duterte has signed an administrative order (AO) that directs all non-bank government entities to formulate investment governance frameworks for foreign exchange (FX) derivatives transactions. AO 28, signed by Duterte on May 24, was released on Thursday. "There is a need to institute sufficient monitoring safeguards and risk management mechanisms in FX derivatives transactions to protect the National Government's fiscal and economic interests in non-bank government entities," the AO read. Under the AO, the regulation of FX derivatives transactions of non-bank government entities supports the objective to configure the country's public sector debt profile, such that government debt involves extended maturities, and ensures an optimum mix of currencies, to minimize the impacts of drastic currency movements. The Department of Finance (DOF) will oversee "all FX derivatives activities of all non-bank government entities, including governme ....

Government Service Insurance System , Bangko Sentral , Rodrigor Duterte , Head Of Agency , Home Development Mutual Fund , Department Of Finance , Philippine Health Insurance Corporation , Board Of Directors Or Trustees , National Government , Social Security System , Investment Governance Frameworks , Implementing Guidelines , Processing Tool , Manila President Rodrigor Duterte Has Signed An Administrative Order Ao That Directs All Non Bank Government Entities To Formulate Investment Governance Frameworks For Foreign Exchange Fx Derivatives Transactions 28 , Igned By Duterte On May 24 , As Released On Thursday Quot There Isa Need To Institute Sufficient Monitoring Safeguards And Risk Management Mechanisms In Fx Derivatives Transactions Protect The National Government 39s Fiscal Economic Interests Non Bank Entities , Uot The Ao Read Under , He Regulation Of Fx Derivatives Transactions Non Bank Government Entities Supports The Objective To Configure Country 39s Public Sector Debt Profile , Uch That Government Debt Involves Extended Maturities , Nd Ensures An Optimum Mix Of Currencies , O Minimize The Impacts Of Drastic Currency Movements Department Finance Dof Will Oversee Quot All Fx Derivatives Activities Non Bank Government Entities , Ncluding Government Owned Or Controlled Corporations Gocc Such As , Ut Not Limited To , He Government Service Insurance System , Social Security System , Home Development Mutual Fund ,

INCHP13200 - Import and National Clearance Hub Procedures - HMRC internal manual

Import and National Clearance Hub Procedures. NOTE: This manual was affected by the new Customs legislation introduced in May 2016 and has been reviewed. ....

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NTF-ELCAC spox firm 'no such thing as red-tagging'

National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) spokesperson for sectoral concerns and Presidential Communications Undersecretary Lorraine Badoy (File photo) MANILA- National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) spokesperson for sectoral concerns and Presidential Communications Undersecretary Lorraine Badoy on Saturday stood firm on her statement that "there's no such thing as red-tagging". This, after Lawyer Edre Olalia, president of the National Union People's Lawyers (NUPL), said the Supreme Court (SC) has never called "red-tagging" as non-existent. Badoy remained unfazed saying that Olalia is just confusing the public to protect the Communist Party of the Philippines-New People's Army-National Democratic Front (CPP-NPA-NDF). "He says it's not true that our Supreme Court says there is no danger to life, liberty, and security when one is identified as a member of the CPP-NPA-NDF," Badoy said i ....

United States , New Zealand , United Kingdom , The Philippines , National Union People Lawyers , National Democratic Front , People Army , Supreme Court , Party Of The Philippines , Presidential Communications Undersecretary Lorraine Badoy On , European Union , Terrorism Council , Task Force , End Local Communist Armed Conflict , Lawyer Edre Olalia , National Union People , Communist Party , Philippines New People , Army National Democratic Front , Edre Olalia , National Task Force , Anti Graft Law , Anti Terrorism Council , National Task Force To End Local Communist Armed Conflict Ntf Elcac Spokesperson For Sectoral Concerns And Presidential Communications Undersecretary Lorraine Badoy File Photo Manila On Saturday Stood Firm Her Statement That Quot There 39s No Such Thing As Red Tagging This , Fter Lawyer Edre Olalia , Resident Of The National Union People 39s Lawyers Nupl ,

US condemns mosque blast in Pakistan's Peshawar

The United States condemned the horrific blast that occurred at the mosque in Pakistan Peshawar on Friday, claiming over 56 lives and leaving at least 194 oth ....

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Imran Khan orders inquiry into the Peshawar blast incident

Pakistan Prime Minister Imran Khan has ordered an inquiry into the Peshawar blast incident and directed the concerned to provide immediate medical aid to injure ....

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