Amendments to the Regulations on Intraday Liquidity Facility

同类文件 BSP Circulars

• Amendments to the Manual of Regulations for Banks and Manual of Regulations for Non-Bank Financial Institutions as of 31 December 2015(BSP Circular No. 917)
• To lift the prohibition to pay interest on demand deposits(BSP Circular No. 22)
• To allow a final and non-extendible extension of up to another six months the one year period within which a bank can open and operate its franchise(BSP Circular No. 1364)
• Implementing Guidelines for the Change in the Mode of Compliance with the Liquidity Reserve Requirement from Holding Government Securities Bought Directly from the Bangko Sentral ng Pilipinas to Placing Term Deposits in the Reserve Deposit Account(BSP Circular No. 539)
• To reduce the reserve requirement on all types of peso deposits and deposit substitute liabilities of EKBs, KBs and (NBQBs) and certain types of deposit and deposit substitute liabilities of TBs and RBs(BSP Circular No. 166)
• Outsourcing of other banking functions(BSP Circular No. 488)
• Classification and amendments to the guidlines governing the grant of emergency loans or advances to banking institutions(BSP Circular No. 114)
• Amendments to the provisions of the Manual of Regulations for Banks and the Manual of Regulations for Non-Bank Financial Institutions(BSP Circular No. 441)