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It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [2] as amended by Republic Act 11211 or the New Central Bank Act of 2019. [3] The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte. [4]
Arguably the most important requirement in bank regulation that supervisors must enforce is maintaining capital requirements. [4] As banking regulation focusing on key factors in the financial markets, it forms one of the three components of financial law, the other two being case law and self-regulating market practices. [5]
In accordance with Republic Act No. 265, [9] The Bangko Sentral ng Pilipinas or BSP is the central monetary authority of the Republic of the Philippines. It provides policy directions in the areas of money, banking and credit and exists to supervise operations of banks and exercises regulatory powers over non-bank financial institutions.
An Act Taxing Philippine Offshore Gaming Operations, Amending for the Purpose Sections 22, 26, 27, 28, 106, 108, and Adding New Sections 125-a and 288(G) of the National Internal Revenue Code of 1997, as Amended, and for Other Purposes September 22, 2021 [112] 11592 LPG Industry Regulation Act October 14, 2021 [113] 11595
Banking Regulation and Supervision Agency of Turkey (BRSA) ; Capital Markets Board (SPK) ; Insurance and Private Pension Regulation and Supervision Agency (IPRSA) Turks and Caicos: Turks and Caicos Islands Financial Services Commission (TCIFSC) Uganda: Bank of Uganda ; Capital Markets Authority (CMA) ; Insurance Regulatory Authority of Uganda ...
JobStart Philippines Act 2016-07-17: 10870: Philippine Credit Card Industry Regulation Act 2016-07-17: 10871: Basic Life Support Training in Schools Act 2016-07-17: 10872: Converting a High School Annex into an Independent National High School: Cordon National High School 2016-07-17: 10873
An Act creating three (3) additional Shari'a Judicial Districts and twelve (12) Shari'a Circuit Courts therein, and appropriating funds therefor, amending for the purpose Articles 138, 147, and 150 of Presidential Decree No. 1083, otherwise known as the "Code of Muslim Personal Laws in the Philippines [84]", as amended, and the relevant ...
JobStart Philippines Act: 2016-07-17: 10870: Philippine Credit Card Industry Regulation Law: 2016-07-17: 10871: Basic Life Support Training in Schools Act: 2016-07-17: 10872: Converting a High School Annex into an Independent National High School : Cordon National High School: Cordon: Isabela 2016-07-17: 10873