The Central Bank of the Philippines issued Circular No. 1207 (Series of 2025) amending the Manual of Regulations for Banks and the Manual of Regulations for Non-Bank Financial Institutions on eligible counterparties for Bangko Sentral issued securities, specifically addressing trust entities transacting through investment management accounts.
Central Bank of the Philippines 2025-01-01
Central Bank of the Philippines amends eligible counterparty rules for Bangko Sentral issued securities covering trust entities via investment management accounts
The Central Bank of the Philippines released Circular No. 1207, amending regulations for banks and non-bank financial institutions regarding eligible counterparties for Bangko Sentral issued securities. The update specifically pertains to trust entities transacting through investment management accounts.