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Manual of Regulations for Banks

Manual of Regulations for Banks

  • FOREWORD
  • PREFACE
  • USER’S GUIDE
  • TABLE OF CONTENTS
  • POWERS OF THE BANGKO SENTRAL
    • 001 EXAMINATION BY THE BANGKO SENTRAL
    • 002 SUPERVISORY ENFORCEMENT POLICY
    • 003 PROMPT CORRECTIVE ACTION FRAMEWORK
  • PART ONE – ORGANIZATION, MANAGEMENT AND ADMINISTRATION
    • A. CLASSIFICATIONS, POWERS AND OPERATIONS OF BANKS
      • 101 CLASSIFICATIONS, POWERS AND SCOPE OF AUTHORITIES OF BANKS
      • 101-B AUTHORITY OF THRIFT BANKS TO ISSUE FOREIGN LETTERS OF CREDIT AND PAY/ACCEPT/NEGOTIATE IMPORT/EXPORT DRAFTS/BILLS OF EXCHANGE
      • 102 BASIC GUIDELINES IN ESTABLISHING DOMESTIC BANKS
      • 103 LIBERALIZED ENTRY AND SCOPE OF OPERATIONS OF FOREIGN BANKS.
      • 104 MERGERS AND ACQUISITIONS
      • 105 ESTABLISHMENT/RELOCATION/VOLUNTARY CLOSURE/SALE OF BRANCHES/BRANCH-LITE UNITS
      • 106 ESTABLISHMENT OF SUB-BRANCHES OF FOREIGN BANK BRANCHES
      • 107 MOBILE FOREIGN EXCHANGE BOOTHS
      • 108 BANKING DAYS AND HOURS
      • 109 BANK PREMISES AND OTHER FIXED ASSETS
    • B. SPECIAL AUTHORITIES
      • 111 LICENSING
      • 112 MANAGEMENT CONTRACTS AND OUTSOURCING
      • 113 CROSS-SELLING
      • 113-B MARKETING, SALE AND SERVICING OF MICROINSURANCE PRODUCTS BY THRIFT BANKS1.
      • 113-C MARKETING, SALE AND SERVICING OF MICROINSURANCE PRODUCTS BY RURAL AND COOPERATIVE BANKS 2.
      • 114 PROHIBITION ON THE SALE OF FOREIGN-BASED MUTUAL FUNDS BY BANKS.
    • C. CAPITALIZATION AND RISK-BASED CAPITAL
      • 121 MINIMUM REQUIRED CAPITAL
      • 122 SHARES OF STOCK OF BANKS
      • 122-A SHARES OF STOCK OF UNIVERSAL/COMMERCIAL BANKS
      • 122-B SHARES OF STOCK OF THRIFT BANKS
      • 122-C SHARES OF STOCK OF RURAL BANKS AND COOPERATIVE BANKS
      • 123 DEPOSITS FOR STOCK SUBSCRIPTION
      • 124 DIVIDENDS
      • 124-C LIMITATIONS/AMOUNT AVAILABLE FOR DIVIDENDS DECLARED BY RURAL BANKS AND COOPERATIVE BANKS
      • 125 BASEL III RISK-BASED CAPITAL
      • 126 CAPITAL INSTRUMENTS ELIGIBLE AS RISK-BASED CAPITAL
      • 127 RISK-BASED CAPITAL ADEQUACY FRAMEWORK FOR STAND-ALONE THRIFT BANKS, RURAL BANKS AND COOPERATIVE BANKS
      • 128 DOMESTIC SYSTEMICALLY IMPORTANT BANKS (DSIBs)
      • 129 BASEL III LEVERAGE RATIO FRAMEWORK
      • 130 INTERNAL CAPITAL ADEQUACY ASSESSMENT PROCESS AND SUPERVISORY REVIEW PROCESS
    • D. CORPORATE GOVERNANCE
      • 131 POLICY STATEMENT AND DEFINITION OF TERMS
      • 132 BOARD OF DIRECTORS
      • 133 BOARD-LEVEL COMMITTEES
      • 134 OFFICERS
      • 135 REMUNERATION AND OTHER INCENTIVES
      • 136 RELATED PARTY TRANSACTIONS
      • 137 CONFIRMATION OF THE ELECTION/APPOINTMENT OF DIRECTORS/OFFICERS; BIO-DATA OF DIRECTORS AND OFFICERS; INTERLOCKING DIRECTORSHIPS AND/OR OFFICERSHIPS; RULES OF PROCEDURES ON ADMINISTRATIVE CASES INVOLVING DIRECTORS AND OFFICERS OF BSFIs
      • 138 DISQUALIFICATION AND WATCHLISTING OF DIRECTORS AND OFFICERS.
    • E. RISK MANAGEMENT
      • 141 SUPERVISION BY RISK
      • 142 RISK GOVERNANCE FRAMEWORK
      • 143 CREDIT RISK MANAGEMENT
      • 144 MARKET RISK MANAGEMENT
      • 145 LIQUIDITY RISK MANAGEMENT
      • 146 OPERATIONAL RISK MANAGEMENT
      • 147 BANK PROTECTION
      • 148 INFORMATION TECHNOLOGY RISK MANAGEMENT
      • 149 BUSINESS CONTINUITY MANAGEMENT
      • 150 SOCIAL MEDIA RISK MANAGEMENT
      • 151 GUIDELINES ON THE CONDUCT OF STRESS TESTING EXERCISES
    • F. COMPLIANCE, INTERNAL CONTROL, AND AUDIT
      • 161 COMPLIANCE FRAMEWORK
      • 162 INTERNAL CONTROL FRAMEWORK
      • 163 INTERNAL AUDIT FUNCTION
      • 164 SELECTION, APPOINTMENT, REPORTING REQUIREMENTS AND DELISTING OF EXTERNAL AUDITORS AND/OR AUDITING FIRM; SANCTIONS; EFFECTIVITY
    • G. REPORTING GOVERNANCE
      • 171 REPORTING GOVERNANCE FRAMEWORK
      • 172 FINANCIAL RECORDS
      • 173 REPORTS
      • 174 AUDITED FINANCIAL STATEMENTS
      • 175 PUBLIC DISCLOSURES
    • H. UNSAFE OR UNSOUND BANKING
      • 181 CONDUCTING BUSINESS IN AN UNSAFE OR UNSOUND BANKING
    • I. SURRENDER OF BANKING LICENSE, LIQUIDATION, AND RECEIVERSHIP
      • 191 VOLUNTARY LIQUIDATION
      • 192 INSOLVENCY OR RECEIVERSHIP OF BANKS
  • PART TWO – DEPOSITS, BORROWINGS AND OTHER LIABILITIES
    • A. DEMAND DEPOSITS
      • 201 AUTHORITY TO ACCEPT OR CREATE DEMAND DEPOSITS
      • 202 RETURNED CHECKS
      • 203 TEMPORARY OVERDRAWINGS; DRAWINGS AGAINST UNCOLLECTED DEPOSITS
      • 204 DEMAND DEPOSITS OF BANK OFFICERS AND EMPLOYEES
    • B. SAVING DEPOSITS
      • 211 SAVINGS DEPOSIT TRANSACTIONS
      • 212 PESO SAVINGS DEPOSIT ACCOUNTS OF EMBASSY OFFICIALS
      • 213 BASIC DEPOSIT ACCOUNT
    • C. TIME DEPOSITS
      • 216 TERM OF TIME DEPOSITS
      • 217 CERTIFICATES OF TIME DEPOSIT
      • 218 SPECIAL TIME DEPOSITS
    • D. NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS
      • 221 AUTHORITY TO ACCEPT NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS
      • 222 MINIMUM FEATURES OF NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS
      • 223 RULES ON SERVICING NEGOTIABLE ORDER OF WITHDRAWAL ACCOUNTS
    • E. GOVERNMENT DEPOSIT
      • 231 ACCEPTANCE OF GOVERNMENT DEPOSITS
    • F. DEPOSIT SUBSTITUTE OPERATIONS (QUASI-BANKING FUNCTIONS)
      • 241 SCOPE OF QUASI-BANKING FUNCTIONS
      • 242 DEPOSIT SUBSTITUTE INSTRUMENTS
      • 243 MINIMUM TRADING LOT AND MINIMUM TERM OF DEPOSIT SUBSTITUTE
      • 244 MONEY MARKET PLACEMENTS OF RURAL BANKS
      • 245 WITHOUT RECOURSE TRANSACTIONS
      • 246 ISSUANCE OF BONDS AND COMMERCIAL PAPERS
    • G. RESERVE AGAINST DEPOSIT AND DEPOSIT SUBTITUTES LIABILITIES
      • 251 ACCOUNTS SUBJECT TO RESERVES; AMOUNTS REQUIRED
      • 252 COMPOSITION OF RESERVES
      • 253 EXEMPTIONS FROM RESERVE REQUIREMENTS
      • 254 COMPUTATION OF RESERVE POSITION
      • 255 RESERVE DEFICIENCIES; SANCTIONS
      • 256 REPORT ON COMPLIANCE
    • H. INTEREST AND FEES
      • 261 INTEREST ON DEPOSITS/ DEPOSIT SUBSTITUTES
      • 262 DISCLOSURE OF EFFECTIVE RATES OF INTEREST
      • 263 FEES ON RETAIL BANK PRODUCTS/SERVICES
    • I. DEPOSIT OPERATIONS
      • 271 BOOKING OF DEPOSITS AND WITHDRAWALS
      • 272 UNCLAIMED BALANCES
      • 273 RENTAL DEPOSITS OF LESSEES
      • 274 SERVICING DEPOSITS OUTSIDE BANK PREMISES
      • 275 CASH PICK-UP/CASH DELIVERY SERVICES; CASH AGENTS
      • 276 MISCELLANEOUS RULES ON DEPOSITS
    • J. BORROWINGS FROM THE BANGKO SENTRAL
      • 281 REDISCOUNTING LINE
      • 282 REDISCOUNTING AVAILMENTS
      • 283 REPURCHASE AGREEMENTS WITH THE BANGKO SENTRAL
      • 284 BANGKO SENTRAL LIQUIDITY WINDOW
      • 285 EMERGENCY LOANS OR ADVANCES TO BANKING INSTITUTIONS
      • 286 FACILITY TO COMMITTED CREDIT LINE ISSUERS
      • 287-B/C COUNTRYSIDE FINANCIAL INSTITUTION ENHANCEMENT PROGRAM (CFIEP) FOR THRIFT, RURAL AND COOPERATIVE BANKS
      • 288 RECORDING AND REPORTING OF BORROWINGS
      • 289 REDISCOUNTING WINDOW
      • 290 ENHANCED INTRADAY LIQUIDITY FACILITY
    • K. OTHER BORROWINGS OF BANKS
      • 291 BORROWINGS FROM THE GOVERNMENT
      • 292 BORROWINGS FROM TRUST DEPARTMENTS OR INVESTMENT HOUSES
      • 293-B MORTGAGE/CHM CERTIFICATES OF THRIFT BANKS
      • 294-C BORROWINGS OF RURAL BANKS/COOPERATIVE BANKS
    • L. OTHER LIABILITIES
      • 295 COLLECTION OF CUSTOMS DUTIES/TAXES/LEVIES AND OTHER REVENUES, AND ACCEPTANCE, ENCASHMENT OR NEGOTIATION OF CHECKS DRAWN IN FAVOR OF COMMISSIONER
      • 296 COLLECTION AGENTS OF THE SOCIAL SECURITY SYSTEM
      • 297 COLLECTION AGENTS OF PHILHEALTH
      • 298 DISCLOSURE OF REMITTANCE CHARGES AND OTHER RELEVANT INFORMATION
      • 299 SEGREGATION OF CUSTOMER FUNDS AND SECURITIES RECEIVED BY BANKS IN THE PERFORMANCE OF THEIR SECURITIES BROKERING FUNCTIONS
  • PART THREE – LOANS, INVESTMENTS AND SPECIAL CREDITS
    • A. GENERAL PROVISIONS ON LENDING OPERATIONS
      • 301 GRANT OF LOANS AND OTHER CREDIT ACCOMMODATIONS
      • 302 AMORTIZATION ON LOANS AND OTHER CREDIT ACCOMMODATIONS
      • 303 SECURED LOANS AND OTHER CREDIT ACCOMMODATIONS
      • 304 PAST DUE ACCOUNTS AND NON-PERFORMING LOANS
      • 305 INTEREST AND OTHER CHARGES
      • 306 “TRUTH IN LENDING ACT” DISCLOSURE REQUIREMENT
    • B. TYPES OF LOANS AND CREDITS
      • 311 SALARY-BASED GENERAL-PURPOSE CONSUMPTION LOANS
      • 312 CREDIT CARD OPERATIONS
      • 313 AGRICULTURAL LOANS
      • 314 MICROFINANCE LOANS
      • 315 INTERBANK LOANS
      • 316 BANK LOANS TO GOVERNMENT
      • 317 OTHER LOANS AND REDISCOUNTING TO THRIFT/RURAL/COOPERATIVE BANKS
      • 318 STANDBY LETTERS OF CREDIT
      • 319 COMMITTED CREDIT LINE FOR COMMERCIAL PAPER ISSUES
    • C. MANDATORY/SPECIALIZED CREDITS
      • 331 AGRICULTURE AND AGRARIAN REFORM CREDIT
      • 332 MANDATORY ALLOCATION OF CREDIT RESOURCES TO MICRO, SMALL AND MEDIUM ENTERPRISES
      • 333 LOANS TO BARANGAY MICRO BUSINESS ENTERPRISES
    • D. LOANS AND OTHER CREDIT ACCOMMODATIONS TO DIRECTORS, OFFICERS, STOCKHOLDERS AND THEIR RELATED INTERESTS/ SUBSIDIARIES/AFFILIATES
      • 341 POLICY STATEMENT
      • 342 TRANSACTIONS, COVERED AND NOT COVERED
      • 343 DIRECT OR INDIRECT BORROWINGS
      • 344 INDIVIDUAL CEILINGS
      • 345 AGGREGATE CEILING
      • 346 PROCEDURAL AND REPORTORIAL REQUIREMENTS
      • 347 WAIVER OF SECRECY OF DEPOSIT
      • 348 SUPERVISORY ENFORCEMENT ACTIONS
      • 349 APPLICABILITY TO BRANCHES AND SUBSIDIARIES OF FOREIGN BANKS
      • 350 APPLICABILITY TO GOVERNMENT BORROWINGS IN GOVERNMENT-OWNED OR -CONTROLLED BANKS
    • E. CREDIT CONCENTRATION AND PRUDENTIAL LIMITS
      • 361 LARGE EXPOSURES AND CREDIT RISK CONCENTRATIONS
      • 362 CREDIT EXPOSURE LIMITS TO A SINGLE BORROWER
      • 363-A LIMITS ON REAL ESTATE EXPOSURES AND OTHER REAL ESTATE PROPERTY OF UBS/KBS.
      • 363-B LIMITS ON REAL ESTATE EXPOSURES AND OTHER REAL ESTATE PROPERTY OF TBS
      • 364 EXPANDED REPORT ON REAL ESTATE EXPOSURES OF BANKS
    • F. EQUITY INVESTMENTS
      • 371 SCOPE OF AUTHORITY
      • 372 FINANCIAL ALLIED UNDERTAKINGS
      • 373 LIMITS ON INVESTMENT IN THE EQUITIES OF FINANCIAL ALLIED UNDERTAKINGS
      • 374 INVESTMENTS IN VENTURE CAPITAL CORPORATIONS
      • 375 NON-FINANCIAL ALLIED UNDERTAKINGS
      • 376-A INVESTMENTS IN NON-ALLIED OR NON-RELATED UNDERTAKINGS
      • 377 INVESTMENTS IN SUBSIDIARIES AND AFFILIATES ABROAD
      • 378 PRUDENTIAL LIMITS AND RESTRICTIONS ON EQUITY INVESTMENTS
      • 379 SANCTIONS
    • G. SUNDRY PROVISIONS
      • 381 PURCHASE OF RECEIVABLES AND OTHER OBLIGATIONS
      • 382 ACQUIRED ASSETS IN SETTLEMENT OF LOANS
      • 383 LOANS-TO-DEPOSITS RATIO
      • 384 CREDIT POLICIES OF GOVERNMENT- OWNED CORPORATIONS
      • 385 REGULATORY RELIEF FOR BANKS UNDER REHABILITATION PROGRAM APPROVED BY THE BANGKO SENTRAL
  • PART FOUR – TRUST, OTHER FIDUCIARY BUSINESS AND INVESTMENT MANAGEMENT ACTIVITIES
    • A. STATEMENT OF PRINCIPLES AND SCOPE
      • 401 STATEMENT OF PRINCIPLES
      • 402 SCOPE OF REGULATIONS
      • 403 DEFINITIONS
    • B. TRUST AND OTHER FIDUCIARY BUSINESS
      • 411 AUTHORITY TO PERFORM TRUST AND OTHER FIDUCIARY BUSINESS
      • 411-B/C GRANT OF AUTHORITY TO ENGAGE IN LIMITED TRUST BUSINESS TO THRIFT BANKS/RURAL BANKS
      • 412 ORGANIZATION AND MANAGEMENT
      • 413 TRUST AND OTHER FIDUCIARY BUSINESS
      • 414 UNIT INVESTMENT TRUST FUNDS
      • 415 INVESTMENT MANAGEMENT ACTIVITIES
      • 416 FOREIGN CURRENCY DEPOSIT UNIT/EXPANDED FOREIGN CURRENCY DEPOSIT UNIT TRUST ACCOUNTS; OTHER FIDUCIARY OR INVESTMENT MANAGEMENT ACCOUNTS
      • 417 SECURITY DEPOSIT FOR THE FAITHFUL PERFORMANCE OF TRUST AND OTHER FIDUCIARY BUSINESS
      • 418 RESERVES AGAINST PESO-DENOMINATED COMMON TRUST FUNDS AND TRUST AND OTHER FIDUCIARY ACCOUNTS (TOFA) -– OTHERS.
      • 419 REQUIRED RETAINED EARNINGS RESERVED
      • 420 UNSAFE OR UNSOUND MANNER
    • C. INVESTMENT MANAGEMENT ACTIVITIES
      • 421 AUTHORITY TO PERFORM INVESTMENT MANAGEMENT
      • 422 ORGANIZATION AND MANAGEMENT
      • 423 CONDUCT OF INVESTMENT MANAGEMENT ACTIVITIES
      • 424 SECURITY DEPOSIT FOR THE FAITHFUL PERFORMANCE OF INVESTMENT MANAGEMENT ACTIVITIES
      • 425 REQUIRED RETAINED EARNINGS RESERVED
      • 426 UNSOUND MANNER
    • D. GENERAL PROVISIONS
      • 431 SECURITIES CUSTODIANSHIP AND SECURITIES REGISTRY OPERATIONS
      • 432 CUSTODY OF ASSETS
      • 433 FEES AND COMMISSIONS
      • 434 TAXES
      • 435 BOOKS, RECORDS AND REPORTS REQUIRED
      • 436 AUDITS
      • 437 AUTHORITY RESULTING FROM MERGER OR CONSOLIDATION
      • 438 NON-TRUST, NON-FIDUCIARY AND/OR NON-INVESTMENT MANAGEMENT ACTIVITIES
      • 439 RECEIVERSHIP
      • 440 SURRENDER OF TRUST OR INVESTMENT MANAGEMENT LICENSE
    • E. GENERAL PROVISION ON SANCTIONS
      • 499 SANCTIONS
  • PART FIVE – MANUAL OF REGULATIONS ON FOREIGN EXCHANGE TRANSACTIONS
  • PART SIX – TREASURY AND MONEY MARKET OPERATIONS
    • A. MONETARY OPERATIONS OF THE BANGKO SENTRAL
      • 601 MONETARY OPERATIONS
      • 602 THE JAPANESE YEN/PHILIPPINE PESO (JPY/PHP) SWAP FACILITY UNDER THE CROSS-BORDER LIQUIDITY ARRANGEMENT (CBLA) BETWEEN THE BANGKO SENTRAL AND THE BANK OF JAPAN (BOJ)
    • B. TREASURY OPERATIONS OF BANKS
      • 611 TREASURY OPERATIONS
      • 612 SALES AND MARKETING GUIDELINES FOR FINANCIAL PRODUCTS
      • 613 DERIVATIVES ACTIVITIES
    • C. FINANCIAL INSTRUMENTS
      • 621 GLOBAL PESO NOTES
      • 622 FORWARD AND SWAP TRANSACTIONS
      • 623-A GUIDELINES ON THE INVESTMENTS OF UNIVERSAL BANKS AND COMMERCIAL BANKS IN CREDIT-LINKED NOTES (CLNs), STRUCTURED PRODUCTS AND SECURITIES OVERLYING SECURITIZATION STRUCTURES
      • 624-A CREDIT-LINKED NOTES AND SIMILAR CREDIT DERIVATIVES PRODUCTS
      • 625-A BANK’S EXPOSURES TO STRUCTURED PRODUCTS
      • 626-A EXPANDED FOREIGN CURRENCY DEPOSIT UNIT INVESTMENTS IN FOREIGN CURRENCY DENOMINATED STRUCTURED PRODUCTS
      • 627-A INVESTMENTS IN SECURITIES OVERLYING SECURITIZATION STRUCTURES
      • 628 ASSET-BACKED SECURITIES
      • 629 THE CURRENCY RATE RISK PROTECTION PROGRAM (CRPP) FACILITY
  • PART SEVEN – ELECTRONIC BANKING SERVICES AND OPERATIONS
    • 701 ELECTRONIC BANKING SERVICES
    • 702 ISSUANCE AND OPERATIONS OF ELECTRONIC MONEY
  • PART EIGHT – REGULATIONS ON PAYMENT SYSTEMS
    • 801 AUTOMATED TELLER MACHINES
    • 802 CHECK CLEARING OPERATIONS
    • 803 NATIONAL RETAIL PAYMENT SYSTEM (NRPS)
    • 804 SETTLEMENT OF INSTANT RETAIL PAYMENTS
  • PART NINE – ANTI-MONEY LAUNDERING REGULATIONS
    • 901 BANGKO SENTRAL AUTHORITY TO CHECK COMPLIANCE WITH THE AMLA, AS AMENDED
    • 902 DECLARATION OF POLICY
    • 903 SCOPE OF REGULATIONS
    • 904 DEFINITION OF TERMS
    • 905 BASIC PRINCIPLES AND POLICIES TO COMBAT MONEY LAUNDERING
    • A. RISK MANAGEMENT
      • 911 RISK MANAGEMENT
    • B. PREVENTIVE MEASURES
      • 921 CUSTOMER DUE DILIGENCE
      • 922 COVERED AND SUSPICIOUS TRANSACTION REPORTING
      • 923 ADDITIONAL PREVENTIVE MEASURES FOR SPECIFIC CUSTOMERS AND ACTIVITIES
      • 924 RECORD KEEPING
    • C. TRAINING PROGRAM
      • 931 AML TRAINING PROGRAM
    • D. ENFORCEMENT ACTIONS
      • 941 SANCTIONS AND PENALTIES
      • 942 SEPARABILITY CLAUSE
  • PART TEN – BANGKO SENTRAL REGULATIONS ON FINANCIAL CONSUMER PROTECTION
    • 1001 CONSUMER PROTECTION OVERSIGHT FUNCTION
    • 1002 CONSUMER PROTECTION STANDARDS
    • 1003 ENFORCEMENT ACTIONS
  • PART ELEVEN – OTHER BANKING REGULATIONS
    • A. BANKING FEES/CHARGES
      • 1101 ASSESSMENT FEES ON BANKS
      • 1102 COLLECTION OF FINES AND OTHER CHARGES FROM BANKS
      • 1103 SERVICE FEE FOR TRANSACTIONS WITH THE BANGKO SENTRAL
    • B. PHILIPPINE & FOREIGN CURRENCY NOTES & COINS
      • 1111 PHILIPPINE AND FOREIGN CURRENCY NOTES AND COINS
      • 1112 ADOPTION OF CLEAN NOTE AND COIN POLICY
    • C. PERSONAL EQUITY AND RETIREMENT ACCOUNT (PERA)
      • 1121 PERSONAL EQUITY AND RETIREMENT ACCOUNT (PERA) MARKET PARTICIPANTS AND PERA INVESTMENT PRODUCTS
    • D. CREDIT RATING AGENCIES
      • 1131 RECOGNITION AND DERECOGNITION OF DOMESTIC CREDIT RATING AGENCIES FOR BANK SUPERVISORY PURPOSES
      • 1132 INTERNATIONALLY ACCEPTED CREDIT RATING AGENCIES
      • 1133 RECOGNITION AND DERECOGNITION OF MICROFINANCE INSTITUTION RATING AGENCIES
    • E. PRODUCT OFFERING OF PARENT OF FOREIGN BANK BRANCHES
      • 1141-A OFFERING IN THE PHILIPPINES OF PRODUCTS BY PARENT BANK AND BRANCHES ABROAD OF THE PARENT BANK
    • F. FRAMEWORK ON THE GRANT OF REGULATORY RELIEF TO BANKS
      • 1151 REGULATORY RELIEF POLICY
  • LIST OF APPENDICES
    • Appendix 1
    • Appendix 2
    • Appendix 3
    • Appendix 4
    • Appendix 5
    • Appendix 6
    • Appendix 7
    • Appendix 8
    • Appendix 9
    • Appendix 10
    • Appendix 11
    • Appendix 12
      • PROMISSORY NOTE
      • REPURCHASE AGREEMENT
      • CERTIFICATE OF ASSIGNMENT WITH RECOURSE
      • CERTIFICATE OF ASSIGNMENT WITH RECOURSE
      • CERTIFICATE OF PARTICIPATION WITH RECOURSE
      • CERTIFICATE OF PARTICIPATION WITH RECOURSE
    • Appendix 13
    • Appendix 14
    • Appendix 15
    • Appendix 16
    • Appendix 17
    • Appendix 18
    • Appendix 19
    • Appendix 20
    • Appendix 21
    • Appendix 22
    • Appendix 23
    • Appendix 24
    • Appendix 25
    • Appendix 26
    • Appendix 27
    • Appendix 28
    • Appendix 29
    • Appendix 30
    • Appendix 31
    • Appendix 32
    • Appendix 33
    • Appendix 34
    • Appendix 35
    • Appendix 36
    • Appendix 37
    • Appendix 38
    • Appendix 39
    • Appendix 40
    • Appendix 41
    • Appendix 42
    • Appendix 43
    • Appendix 44
    • Appendix 45
    • Appendix 46
    • Appendix 47
    • Appendix 48
    • Appendix 49
    • Appendix 50
    • Appendix 51
    • Appendix 52
    • Appendix 53
    • Appendix 54
    • Appendix 55
    • Appendix 56
    • Appendix 57
    • Appendix 58
    • Appendix 59
    • Appendix 60
    • Appendix 61
    • Appendix 62
    • Appendix 63
    • Appendix 64
    • Appendix 65
    • Appendix 66
    • Appendix 67
    • Appendix 68
    • Appendix 69
    • Appendix 70
    • Appendix 71
    • Appendix 72
    • Appendix 73
    • Appendix 74
    • Appendix 75
    • Appendix 76
    • Appendix 77
    • Appendix 78
    • Appendix 79
    • Appendix 80
    • Appendix 81
    • Appendix 82
    • Appendix 83
    • Appendix 84
    • Appendix 85
    • Appendix 86
    • Appendix 87
    • Appendix 88
    • Appendix 89
    • Appendix 90
    • Appendix 91
    • Appendix 92
    • Appendix 93
    • Appendix 94
    • Appendix 95
    • Appendix 96
    • Appendix 97
    • Appendix 98
    • Appendix 99
    • Appendix 100
    • Appendix 101
    • Appendix 102
    • Appendix 103
    • Appendix 104
    • Appendix 105
    • Appendix 106
    • Appendix 107
    • Appendix 108
    • Appendix 109
    • Appendix 110
    • Appendix 111
    • Appendix 112
    • Appendix 113
    • Appendix 114
    • Appendix 115
    • Appendix 116
    • Appendix 117
    • Appendix 118
    • Appendix 119
    • Appendix 120
    • Appendix 121
    • Appendix 122
    • Appendix 123
    • Appendix 124
    • Appendix 125
    • Appendix 126
    • Appendix 127
    • Appendix 128
    • Appendix 130
    • Appendix 131
    • Appendix 132
    • Appendix 133
    • Appendix 134
    • Appendix 135

BANGKO SENTRAL
NG PILIPINAS

A. Mabini St. cor.
P. Ocampo St.,
Malate Manila,
Philippines 1004

Tel. No.:
(632) 8708.7701

  • Introduction
  • Part 01
  • Part 02
  • Part 03
  • Part 04
  • Part 05
  • Part 06
  • Part 07
  • Part 08
  • Part 09
  • Part 10
  • Part 11
  • Appendices

PART NINE – ANTI-MONEY LAUNDERING REGULATIONS

Section 901 Bangko Sentral Authority to Check Compliance with the AMLA, as amended
Section 902 Policy Statement
Section 903 Scope of Regulations
Section 904 Definition of terms
Section 905 Basic Principles and Policies to Combat Money Laundering
A. RISK MANAGEMENT
B. PREVENTIVE MEASURES
C. TRAINING PROGRAM
D. ENFORCEMENT ACTIONS

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