Αποτελέσματα Αναζήτησης
8 Νοε 2024 · R.A. No. 8791 seeks to promote a sound, stable, and efficient banking system that operates on prudent principles and promotes public trust. The law governs: Banks and Quasi-Banks – Institutions that offer financial services, accept deposits, extend credit, and perform other financial functions.
The conduct of offshore banking business in the Philippines shall be governed by the provisions of the Presidential Decree No. 1034, otherwise known as the "Offshore Banking System Decree." (14a) Section 73. Acquisition of Voting Stock in a Domestic Bank.
General Banking Law of 2000 The General Banking Law of 2000 (RA 8791) - PDF file, 79 KB Chapter I - Title and Classification of Banks. Chapter II - Authority of the Bangko Sentral. Chapter III - Organization, Management and Administration of Banks, Quasi-Banks and Trust Entities. Chapter IV - Deposits, Loans and Other Operations
Full text of banking laws of the Philippines. Featured on the Internet by the Chan Robles Virtual Law Library.
4 Απρ 2019 · Summarise the primary statutes and regulations that govern the banking industry. The General Banking Law governs not only universal banks but also commercial banks.
All banks and quasi-banks are required to secure an authority from the BSP. The Act further defined the organization, management and administration of banks, quasi-banks and trust entities. The General Banking Law is the regulatory framework for the organization and operation of banks.
(a) Designate a payment system if it determines the payment system as posing or having the potential to pose a systemic risk or the designation is necessary to protect the public interest. (1) Any such determination by the Bangko Sentral shall be conclusive. The designation of a payment system by the Bangko Sentral shall be effective until revoked.
