Bill Type
Congress Name
Long Title
AN ACT EXPANDING THE SUPERVISORY AND REGULATORY POWERS OF THE BANGKO SENTRAL NG PILIPINAS, AMENDING FOR THE PURPOSE, REPUBLIC ACT NO. 7653
Date filed
May 25, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB04365 |
| FULL TITLE : AN ACT EXPANDING THE SUPERVISORY AND REGULATORY POWERS OF THE BANGKO SENTRAL NG PILIPINAS, AMENDING FOR THE PURPOSE, REPUBLIC ACT NO. 7653 |
| SHORT TITLE : Expanded BSP Supervisory and Regulatory Powers Act of 2005 |
| ABSTRACT : "Expanded BSP Supervisory and Regulatory Powers Act of 2005". The bill seeks to expand the supervisory and regulatory powers of the Bangko Sentral ng Pilipinas (BSP) to include within the ambit of its authority, bank subsidiaries and affiliates engaged in allied activities, quasi-banks, trust entities and other non-bank financial institutions placed under the BSP supervision through special laws. |
| PRINCIPAL AUTHOR/S : VILLAROSA, AMELITA C. |
| DATE FILED : 2005-05-25 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2005-05-30 |
Abstract
"Expanded BSP Supervisory and Regulatory Powers Act of 2005". The bill seeks to expand the supervisory and regulatory powers of the Bangko Sentral ng Pilipinas (BSP) to include within the ambit of its authority, bank subsidiaries and affiliates engaged in allied activities, quasi-banks, trust entities and other non-bank financial institutions placed under the BSP supervision through special laws.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.