THE Bangko Sentral ng Pilipinas (BSP) has strengthened its guidelines on the recovery plan of domestic systemically important bank, or D-SIB.
In a circular released on Tuesday, BSP Governor Benjamin Diokno announced the rules were enhanced by the Monetary Board-approved amendments to Section 128 and Appendix 110 of the Manual of Regulations for Banks, particularly on requiring D-SIBs to submit separately their internal capital adequacy assessment process (Icaap) document and recovery plan.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.