Strengthening Banking Regulation: Amending the BSP Charter
Published By: Senate of the Philippines on eSS | Published Date: December, 21 , 2011This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The
first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the
financial sector’s challenges that necessitate the amendment of the said
law. The salient features of the proposed amendments in the bills currently
pending in the 15th Congress are then explored. The last section summarizes
and offers some policy recommendations. [PB 11-04]. URL:[http://www.senate.gov.ph/publications/PB%202011-12%20-%20Strengthening%20Banking%20Regulation.pdf].
Author(s): Senate Economic Planning Office SEPO | Posted on: Dec 29, 2011 | Views(610) | Download (903)