The guidelines are laid out to ensure that risks from banks’ investment activities, including dealing with structured products, are effectively identified and monitored.

The monetary board of the Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has approved new guidelines setting out regulatory expectations on how local banks as well as ‘quasi-banks’ will be required to manage their risk exposures from dealing with ‘emerging market bonds, structured products and other tradable assets.’ The board highlighted the importance of conducting due diligence before doing such trades as well as monitoring positions on a regular basis,

Continue reading with a subscription to the SRP market intelligence platform.

Request Demo

Already a subscriber? Login