Philippines: : Foreign banks gain full entry.

• Autores: Jose Florante M. Pamfilo
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 9 (Oct2014), 2014
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports on the Philippine government's enactment of Republic Act No. 10641, a law that allows more participation of foreign banks into the country's banking system. Topics covered include the modes of entry that foreign banks can use to operate in the country, the limitations provided by the Foreign Banks Liberalisation Act, and the advantages of the removal of the foreign ownership restrictions to the country's financial system.