RAMADHAN - NON-RESERVE DAY

MAB/NBFIs

05 Nov 2004

RATING AGENCIES (see CRAs)

Circular 404

19 Sep 2003

Circular Letter

20 Jan 2004

Circular 427

12 Apr 2004

Amendment of Regulations on (a) Real Estate/Chattel Transaction Between Circular 525

the Bank and its Employee(s), Director(s), Officer(s), Stockholder(s) or
Related Interest(s), and (b) Lease or Sublease to Third Persons of any
Portion/s of its Office Premises

04 Apr 2006

Amendments to the Regulations Requiring the Submission of the Report on Circular 737
the Sworn Statement on Real Estate/Chattel Transactions

19 Sept 2011

REAL ESTATE/CHATTEL TRANSACTION

Report on the Sworn Statement on Real Estate/Chattel Transactions
submitted under BSP Form Nos. NP06-KB, NP06-TB and RB/COB 20

REAL AND OTHER PROPERTIES ACQUIRED (ROPA)

Amendments to Circular No. 494 on the Accounting for Appraisal Increment Circular 520
Reserves and Real and Other Properties Acquired
CL-2008-015
Valuation of Real and Other Properties Acquired (ROPA)

20 Mar 2006
26 Mar 2008

REAL AND OTHER PROPERTIES OWNED OR ACQUIRED (ROPOA)

Manual of Regulations

Circular 306

08 Jan 2001

ROPOA as part of compliance

Circular 330

29 Apr 2002

BSP Rules & Regulations on ROPOA and Appendix 18 of Manual of

Regulations for Banks

Circular Letter

21 Jun 2002

Amendment to the MOR to include ROPOA as part of compliance with the

required loans-to-deposit ratio

Circular Letter

12 Jul 2002

FCDU/EFCDU-ROPOA

Circular 420

10 Feb 2004

Amendment to Circular No. 520 on the Timing of Booking of Real and Other Circular 555

12 Jan 2007

Properties Acquired (ROPA)

REAL ESTATE LOANS

Increased Loan Values & Term of Loans for Home-Building

Circular Letter

06 May 1997

Circular Letter

05 Jun 1997

Circular Letter

23 Nov 1999

Circular 343

08 Aug 2002

MAU/KBs & TBs

08 Jul 2004

MAU/KBs & TBs

06 Sep 2004

Guidelines on Real Estate Properties Covered by Section 7 of R.A. No. 26 M-2011-017

Offered as Collateral for Loans with the BSP
Circular 600
Limit on Real Estate Loans of Universal Banks/ Commercial Banks

18 Mar 2011

Industry Reference Practices on Sound Contract to Sell Financing CL-2012-084

27 November 2012

Expanded Report on Real Estate Exposures

M-2012-046

21 September 2012

Guidelines on the Electronic Submission of the Expanded Report

on Real Estate Exposures (REE)

M-2012-057

18 December 2012

Rediscounting of Commercial Loans Paper

Circular Letter

06 Mar 2000

Rediscount window available to all U/KBs under Sec. 82, R.A. 7653

Circular 250

29 Jun 2000

Rediscounting facility available to Rural and Cooperative Banks

Circular 282

19 Apr 2001

04 Feb 2008

REDISCOUNTING GUIDELINES

Circular 324

12 Mar 2002

Guidelines replacing the existing provisions of Sections X268 and X269 and Circular 354
their corresponding subsections of the MORB
Circular 363
Postponement of the implementation of the market-based pricing

04 Oct 2002

TBs included among the eligible borrowers under the BSP microfinance
rediscount facility

mechanism for rediscount loans for a period of 1 year

Deferment of the implementation of the market-based pricing mechanism
for rediscounting loans

13 Dec 2002

Circular 411

29 Oct 2003

Amendments to Subsection X269.1 and X269.2 of the Manual of

Regulations for Banks re Rediscounting Line

Circular 480

15 Mar 2005

Guidelines on the BSP Rediscounting Facility

Circular 515

06 Mar 2006

Circular 648

02 Mar 2009

Guidelines on the Rediscounting Medium and Long Term Loans

M-2009-029

14 Aug 2009

Interest Payments on Rediscounted Loans to the BSP

M-2010-005

15 Mar 2010

Rediscounting of Packing Loans and Export Bills

M-2010-042

06 Dec 2010

Criteria for Acceptability of Free Patent as Underlying Collateral ofr Loans

Offered for Rediscounting with the BSP

M-2011-036

05 Jul 2011

Acceptability of Certificate of Land Ownership Award (CLOA) and

Emancipation Patent (EP) for Rediscounting

M-2011-041

04 Nov 2011

Circular 515

06 Mar 2006

Circular 630

11 Nov 2008

Amendments to the guidelines on the BSP Rediscounting Facility

Circular 648

02 Mar 2009

Amendment to the Guidelines on the BSP Rediscounting Facility

Circular 679

01 Feb 2010

Amendments to the provisions of Subsections X268.3 and X269.4 of the

MORB covering the guiidelines on the BSP Rediscounting Facility

Circular 684

15 Mar 2010

Circular 679

01 Feb 2010

Amendments to the guidelines on the BSP Rediscounting Facility

Approval of the guidelines on rediscounting facility which shall supersede

the existing provisions of Sec. X268 and X269 and the corresponding
subsections of the MORB
Amendments to the provisions of Sections X268 and X269 and the
corresponding subsections of the Manual of Regulations for Banks covering
the guidelines on the BSP's Rediscounting Facility

Amendment to the Guidelines on the BSP Rediscounting Facility

Circular 776
Amendment of Subsection X268.3 of the Manual of Regulations
for Banks (MORB) to include a provision on the grant of temporary
rediscounting lines to newly merged or consolidated banks

7 December 2012

REGISTRY OF SCRIPLESS SECURITIES (RoSS)

MAB
Circular 428

09 Oct 1997
27 Apr 2004

REGULAR BANKING HOURS

Circular 86

11 Sept 1995

REGULATORY RELIEF FOR BANKS

Regulatory Relief for Banks Affected by Tropical Storm "Ondoy"

M-2009-036

07 Oct 2009

Amendment to Memorandum No. M-2009-036 on Regulatory Relief for

Banks Affected by Tropical Storm "Ondoy"

M-2009-037

08 Oct 2009

Regulatory Relief for Banks Affected by Tropical Storm "Pepeng"

M-2009-038

08 Oct 2009

Amendment to Memorandum No. M-2009-038 on Regulatory Relief for

Banks Affected by Tropical Storm "Pepeng"

M-2009-040

30 Oct 2009

Regulatory Relief for Banks Affected by "El Nino Phenomenon"

M-2010-007

23 April 2010

Regulatory Relief for Banks Affected by Typhoon "Juan"

M-2010-039

03 Nov 2010

Regulatory and Rediscounting Relief for the Banks Affected by Landslides

and Flooding in Region IV-B, V, VI, VII, VIII, X, XI, XII, CARAGA, and
ARMM

M-2011-007

04 Feb 2011

Regulatory Relief for Banks Affected by Tropical Storm "Juaning"

M-2011-043

12 Aug 2011

Regulatory Relief for Banks Affected by Typhoon "Mina"

M-2011-055

17 Oct 2011

Regulatory Relief for Banks Affected by Tropical Storm "Pedring"

M-2011-056

10 Nov 2011

Bangko Sentral ng Pilipinas (BSP) Guidelines on the Grant of Regulatory

Relief under the Strengthening Program for Rural Banks (SPRB)

Circular 693

06 Aug 2010

Regulatory Relief for Banks Affected by Southwest Monsoon

"Habagat"
Regulatory Relief for Banks Affected by Tropical Storm "Helen"
and Enhanced Southwest Monsoon
Regulatory Relief for Banks Affected by Typhoon "Gener"

M-2012-042

17 August 2012

M-2012-044

24 August 2012

M-2012-051

9 November 2012

Regulatory Relief for Banks Affected by Tropical Storm "Pablo"

M-2012-060

27 December 2012

Regulatory Relief to Banks Under Rehabilitation Program

Circular 763

3 August 2012

Regulatory Relief for Banks Affected by Tropical Depression

"Quinta"

M-2013-001

14 Jan 2013

To issue rules and regulations that shall govern the registration and
operations of foreign exchange dealers/money changers and remittance
agents

Circular 471

24 Jan 2005

Extension of the registration of Foreign Exchange Dealers, Money

Changers and Remittance Agents for another 90 days

Circular Letter

02 Jun 2005

Certificate of registration of Foreign Exchange Dealers (FXDs)/Money

Changers (MCs) and Remittance Agents (RAs)

MAB

18 Jul 2005

Registration requirement for each FXD/MC and RAs

Circular Letter

26 Jul 2005

Disclosure of Remittance Charges and Other Relevant Information

Circular 534

26 June 2006

Remittance scam involving the use of Credit Cards

CL-2009-006

22 Jan 2009

Banks' full participation in the PhilPass REMIT System for the electronic
settlement of OFW remittances for credit to accounts of beneficiaries
maintained in banks other than the remitting banks

CL-2010-080

23 Nov 2010

Financial Fraud/Illegal Scheme Perpetrated Against Remittance

Agents/Agencies

CL-2012-019

22 Mar 2012

Circular 659

22 July 2009

MAB

27 Oct 2003

Circular Letter

05 Oct 2000

Circular 270

19 Dec 2000

Circular Letter

19 Nov 2003

REMITTANCE SERVICES (See also Foreign Exchange Dealers/Money

Changers/Remittance Agents, Regulations on Registration/Operations

REPORT ON TRUST AND OTHER FIDUCIARY ACTIVITIES AND

INVESTMENT MANAGEMENT ACTIVITIES OR THE REPORT ON
INVESTMENT MANAGEMENT ACTIVITIES
Discontinuance of the Submission of Report on Trust and Other Fiduciary
Activities and Investment Management Actvities or the Report on
Investment Management Activities
REPORTING TEMPLATES
Templates revised to include the additional accounts on credit card
receivables, trading account securities and available for sale securities

REPORTORIAL REQUIREMENTS

Circular Letter

30 Dec 2003

MAB

26 Jan 2004

MAB

02 Feb 2004

MAB

11 May 2004

Circular Letter

02 Jul 2004

MAB

08 Jul 2004

MAB

26 Jul 2004

MAB

08 Sep 2004

USD - for AGRI-AGRA Compliance

MAB

08 Sep 2004

Email addresses

MARCB /Microfinance RB

10 Dec 2004

Amendments to the Manual of Regulations for Banks and the Manual of

Regulations for Non-Bank Financial Institutions

Circular 474

03 Feb 2005

Amendment of the Manual of Accounts and BSP Reportorial Requirements Circular 512
for Banks
Circular 533
Amendment of Appendix 6 of the Manual of Regulations for Banks

03 Feb 2006

Amendment of Appendices Q-3, S-2, P-2 and N-1 (Reports Required of

Circular 661
Quasi-Banks, Non-Stock Savings and Loan Associations, Pawnshops and
Other Non-Bank Financial Institutions, respectively), Section 4118S and
Subsection 4126S.1 of the MORNBFI

01 Sep 2009

Discontinuance of Various Reports Submitted to DES (Formerly Part of the CL-2006-022

Department of Economic Research)

29 Aug 2006

Report on Bank Liabilities to Non-Residents

CL-2008-024

8 May 2008

Guidelines on the Submission of the Report on Microfinance Loans of

Banks

M-2008-021

16 June 2008

Guidelines on the submission of the branch reportorial requirements

M-2008-032

31 Oct 2008

Revised Reportorial Requirements on Microfinance Operations

M-2012-003

10 Jan 2012

Amendments to the Semestral Report of Selected Branch Accounts

Circular 633

28 Nov 2008

Reporting Requirement on the Write-off of Loans, Other Credit

Accommodations, Advances and Other Assets

Circular 745

10 Jan 2012

Resubmission of CAR Reports as of 31 December 2005

M-2006-011

21 July 2006

Guidelines on the Electronic Submission of the Capital Adequacy Ratio

(CAR) Summary Report

M-2012-049

22 October 2012

Amendments to Prudential Reports on Non-Performing Loans

M-2012-052

20 November 2012

Guidelines on the Electronic Submission of the Expanded Report on Real

Estate Exposures (REE)

M-2012-057

18 December 2012

19 Jun 2006

Amendments to required disclosures in the Published Balance Sheet (See Circular No. 788
also Non-Performing Loans)

26 Feb 2013

Enhancements to the risk-based CAR in relation to recently issued

regulations (See also Basel 1.5)

M-2013-017

07 May 2013

Guidelines on the submission of the updated report on NDF Transactions

(See also Non-Deliverable Forwards Facility)

M-2013-018

07 May 2013

Report on the inventory of bank network

M-2013-026

11 June 2013

Enhancements to the risk-based CAR report in relation to the sovereign

credit rating upgrade of the Philippines (See also Basel 3)

M-2013-028

19 June 2013

Circular 266

08 Nov 2000

Circular 433

13 May 2004

Circular 444

18 Aug 2004

REPURCHASE AGREEMENTS

Circular 448

03 Sep 2004

Circular 467

10 Jan 2005

MAU/KBs & TBs

14 Feb 2005

Circular 478

22 Feb 2005

MAB & NBQBs

24 Feb 2005

Circular 489

21 Jun 2005

Guidelines on the Availment of US Dollar Denominated Repurchase

Agreement Facility with the BSP

M-2008-031

23 Oct 2008

Guidelines on the Availment of US Dollar Denominated Repurchase

Agreement Facility with the BSP

M-2008-034

12 Oct 2008

Circular 752

29 Mar 2012

Circular 303

26 Oct 2001

Circular Letter

26 Oct 2001

MAB

02 Dec 2003

MAR & CB

03 Feb 2005

Issuance of regulations that shall govern repurchase agreements covering

government securities, commercial papers and other negotiable & nonnegotiable securities or instruments of banks and non-banks and NBQBs
To implement Circular No. 448 dated 3 September 2004
To approve amendments to the provisions of Sections 72 and 73 of Circular
No. 1389 dated 13 April 1993, Item "d" of Circular No. 433 dated 13 May
2004, the Manual of Accounts for EKBs and KBs, and the Manual of
Accounts for TBs
Guidelines for purposes of implementing the provisions of Circular 444
dated 18 August 2004 in reporting the deposit substitutes evidenced by
repurchase agreements (repos) covering government securities
Amendments to BSP Circular No. 433 dated 13 May 2004, as amended by
Circular No. 448 dated 3 September 2004, the Manual of Accounts for
U/KBs, and the Manual of Accounts for TBs

RESERVE DEPOSIT ACCOUNT FACILITY

Change in the Maturity of Placements in the Reserve Deposit Account
Facility

RESERVE COMPUTATION

Reserve Computation for Weeks Ended 28 December 2006 and 4 January M-2006-025
2007

22 Dec 2006

Reserve Computation for Weeks Ending 5 April and 12 April 2007

M-2007-008

21 Mar 2007

Reserve Computation for weeks ended 1 November and 8 November 2007 M-2007-031

23 Oct 2007

Reserve Computation for Weeks Ended 27 December 2007 and 3 January M-2007-043
2008

18 Dec 2007

Reserve Computation for Weeks Ended 25 December 2008 and 1 January M-2008-038
2009

11 Dec 2008

RESERVE DEFICIENCIES
RESERVE REQUIREMENTS
(see Liquidity & Statutory Reserves)

Circular 72

12 May 1995

MAB

31 Jul 1997

MAB

14 Aug 1997

Circular 231

21 Mar 2000

Circular 254

31 Jul 2000

MAKBs/NBFIs

27 Jul 2001

MAKBs/NBFIs

10 Aug 2001

MAKBs/NBFIs

11 Dec 2001

Circular Letter

29 Nov 2003

Circular 418

05 Feb 2004

Memo to all NBQBs

02 Mar 2004

MAU/KBs & TB

25 Oct 2004

MAB/NBFIs

21 Dec 2004

MAR & CB

03 Feb 2005

Reduced statutory reserves

Circular Letter

31 Mar 2005

Exemption from Reserve Requirement

Circular 482

05 May 2005

Increase in the reserve requirements for UKBs & NBFIs with Quasi-Banking Circular 491
Functions and with Trust License

12 Jul 2005

Single Reserve Week from 22 September to 5 October 2006 Due to

Typhoon Milenyo

M-2006-019

05 Oct 2006

1 December 2006 (Friday) A Non-Working Holiday and Non-Reserve Day M-2006-023

thus, considered a non-reserve day for purposes of computing the
banks/NBQBs reserves against deposit substitute/liabilities, Common Trust
Funds (CTFs) and Other Similarly Managed Funds and Trust and Other
Fiduciary Activities Others (TOFA-Others).

28 Nov 2006

Reduction in the statutory/legal reserve requirements for peso demand,

Circular 632
"NOW", savings, time deposit liabilities and deposit substitutes of universal
banks, commercial banks, thrift banks, rural and cooperative banks, and
quasi-banks

13 Nov 2008

Increase in Statutory/Legal Reserve Requirements of Peso Deposit

Liabilities and Deposit Substitutes

Circular 726

27 June 2011

Increase in Statutory/Legal Reserve Requirements of Peso Deposit

Liabilities and Deposit Substitutes

Circular 732

03 Aug 2011

Unification of the Statutory/Legal and Liquidity Reserve Requirement, Non- Circular 753
Remuneration of the Unified Reserve Requirement, Exclusion of Vault Cash
and Demand Deposits as Eligible Forms of Reserve Requirement
Compliance, and Reduction in the Unified Reserve Requirement Ratios

29 Mar 2012

Change in the Maturity of Placements in the Reserve Deposit

Account Facility

Circular 752

29 March 2012

MAB

22 Jan 1998

Circular 169

13 Jul 1998

Circular 202

27 May 1999

Circular 218

23 Nov 1999

Circular 246

01 Jun 2000

Circular Letter

13 Nov 2003

RESTRUCTURED LOANS

Circular 434
Circular 760
Amendment of Section X319 of the Manual of Regulations for
Banks (MORB) to delete the word "restructuring" so as to exclude
restructuring of loans from among those unsecured loans required
to have a co-maker

18 May 2004
13 July 2012

REVERSE REPURCHASE TRANSACTIONS (RRPs) OF BANKS WITH THE

BSP
20% Final Withholding Tax on Overnight Reverse Repurchase Transactions Circular 619
with the BSP

22 Aug 2008

Sale, Discounting, Assignment or Negotiation by Banks and Quasi-Banks of Circular 636

their Credit Rights in Special Deposit Account (SDA) Placements and
Reverse Repurchase Agreements with the BSP (RR/P)

17 Dec 2008

Amendment to Circular No. 619, dated 22 August 2008, on the 20% Final
Withholding Tax on Overnight Reverse Repurchase Transactions with the
BSP

03 March 2009

Circular 647

REVISED INVESTMENT COMPANY ACT (RICA)

REVISED NON-STOCK SAVINGS AND LOAN ASSOCIATION ACT OF 1997 Circular 192
(RA NO. 8367)

5 Mar. 1999

(IRR of R.A. No. 8367 was approved on 5 March 1999)

REVOCATION OF BANKING/QUASI-BANKING LICENSE

Rural Bank of San Juan, Inc. - Revocation of Banking
License/Authority
BPI Leasing Corporation - Revocation/Cancellation of QuasiBanking License

CL-2012-087

6 December 2012

CL-2013-003

08 Jan 2013

CL-2013-018

12 Mar 2013

Multinational Investment Bancorporation - Voluntary Surrender of CL-2013-028

Quasi-Banking License

18 Apr 2013

PAL Employees' Savings and Loan Association, Inc. - Revocation

of License to Operate as an NSSLA

RISK-BASED CAPITAL ADEQUACY FRAMEWORK (See also BASEL 2,

BASEL 1.5 and BASEL 3)
Circulars
Guidelines on the adoption in the Philippines of the risk-based capital
Circular 280
adequacy framework pursuant to the General Banking Law of 2000 (Credit
Risk Framework)

29 Mar 2001

Amendment of Circular No. 280 dated 29 March 2001 or the guidelines on Circular 310
the adoption of the risk-based capital adequacy framework so as to assign
fifty percent (50%) risk weight on local government unit (LGU) bonds which
are covered by Deed of Assignment of Internal Revenue Allotment of the
LGU and guaranteed by the LGU Guarantee Corporation
Guidelines to incorporate market risk in the risk-based capital adequacy
Circular 360
framework for U/KBs

10 Dec 2001

Amendments to the provisions of the Manual of Regulations for Banks Subsection X116

Circular 361

09 Dec 2002

Amendments to the Manual of Regulations for Banks re risk weight

applicable to small and medium enterprises and microfinance loan
portfolios that meet prudential standards

Circular 364

09 Jan 2003

Amendment of Circular No. 280 dated 29 March 2001so as to assign fifty Circular 394
percent (50%) risk weight on securities issued by special purpose vehicles
against assignment of receivables arising from future payments of the
Philippine national government (NG) in connection with projects undertaken
in pursuance of R.A. No. 6957, as amended: Provided, That such
securities obtain and maintain credit ratings of at least one notch below the
credit rating of the NG from a Bangko Sentral ng Pilipinas recognized rating
agency

06 Aug 2003

03 Dec 2002

Amendments to the Manual of Regulations for Banks re issuance by banks Circular 397
of redeemable preferred shares

19 Aug 2003

Amendments to the Manual of Regulations for Banks Subsections X116.1.c Circular 399
and X116.2.a

01 Sep 2003

Guidelines on the adoption of the risk-based capital adequacy framework

by quasi-banks

Circular 400

01 Sept 2003

Amendments to the Manual of Regulations for Banks on the guidelines on

the adoption of and to incorporate market risk in the risk-based capital
adequacy framework

Circular 403

19 Sept 2003

Rules and regulations governing the recognition and derecognition of

domestic credit rating agencies for bank supervisory purposes

Circular 404

19 Sept 2003

Amendments to the provisions of the Manual of Regulations for Banks re

guidelines on the adoption of the risk-based capital adequacy framework

Circular 416

21 Jan 2004

Guidelines for the capital treatment of banks' investments in credit-linked

notes (CLNs) and similar credit derivative products such as credit-lined
deposits (CLDs) and credit-linked loans (CLLs)

Circular 417

28 Jan 2004

Rules and regulations that shall govern the development and

implementation of banks' internal credit risk rating system

Circular 439

05 July 2004

Deposit substitutes evidenced by repurchase agreements covering

government securities up to the amount equivalent to the adjusted tier 1
capital of the bank/quasi-bank

Circular 444

18 Aug 2004

To approve the guidelines for the recognition of positions arising from

banks' foreign currency (FX) options in the computation of the net open
foreign exchange position

Circular 445

20 Aug 2004

Amendments to the Manual of Regulations for Banks - Subsec X121.4.d on Circular 465
capital of foreign bank branch authorized to operate as expanded
commercial bank and Subsec. X121.5.d on composition of capital accounts,
compliance with capital ratios
To approve the guidelines allowing universal and commercial banks without Circular 466
expanded derivatives authority to invest in certain specified structured
products without need of prior Monetary Board approval

04 Jan 2005

Rules and regulations that shall govern banks investments in securities

overlying securitization structures

Circular 468

12 Jan 2005

Rules and regulations that shall govern the capital treatment of banks
exposures to structured products

Circular 469

13 Jan 2005

To recognize, for bank supervisory purposes, internationally accepted credit Circular 473
rating agencies (CRAs)

01 Feb 2005

Guidelines on the adoption of the risk-based capital adequacy framework Circular 475
and guidelines to incorporate market risk in the risk-based capital adequacy
framework

14 Feb 2005

Amendment of Risk-Based Capital Adequacy Framework to Allow

Qualification of Hybrid Tier 1 Instruments

Circular 503

22 Dec 2005

Amendments to Circular Nos. 360 and 466 on the Capital/ Accounting

Treatment of Certain Financial Instruments

Circular 506

23 Dec 2005

Prompt Correction Action Framework

Circular 523

26 March 2006

Inclusion as Part of Upper Tier 2 Capital of the Hybrid Tier 1 Capital

Instruments in Excess of the 15% of Tier 1 Capital Limit

Circular 528

03 May 2006

Revised Risk-Based Capital Adequacy Framework

05 Jan 2005

Circular 538

04 Aug 2006

Reporting template of of Circular No. 538 dated 4 August 2006 (For U/KBs Circular 574
and their subsidiary banks and quasi-banks

10 July 2007

Capital treatment of ROP Global Bonds paired with Warrants

11 Dec 2007

Circular 588

Interim Tier 1 Capital for Banks Under Rehabilitation

Circular 595

11 Jan 2008

Treatment of Transactions Involving ROP Warrants as among the Generally Circular 605
Authorized Derivative Activities and Exemption of Paired ROP Warrants
from Capital Charge for Market Risk

05 March 2008

Revised Risk-Based Capital Adequacy Framework For Stand-Alone Thrift

Banks, Rural Banks and Cooperative Banks

Circular 688

26 May 2010

Extension of the Effectivity of Circular No. 639 dated 15 January 2009 on

the guidelines of Internal Capital Adequacy Assessment Process (ICAAP)
and Supervisory Review Process (SRP)

Circular 677

29 Dec 2009

Amendment of the risk-based capital adequacy framework for banks/quasi- Circular 709
banks on the definition of qualifying capital instruments

10 Jan 2011

Amendment of Circular 709 on the definition of qualifying capital

instruments, specifically the requirement under Section 1 for Lower Tier 2
capital

25 March 2011

Circular 716

Amendment of Appendix 46 (Guidelines to Incorporate Market Risk in the Circular 740

Risk-Based Capital Adequacy Framework) of the Manual of Regulations for
Banks (MORB)

16 Nov 2011

Memoranda
Guidelines for the issuance of unsecured subordinated debt (USD) eligible MAB/NBFIs
as tier 2 (supplementary) capital under items b.b.1(8) and b.b.2(1),
subsection X116.1 of the Manual of Regulations for Banks

17 Feb 2003

Issuance overseas of unsecured subordinated debt

MAB/NBFIs

20 May 2003

Issuance of unsecured subordinated debt (USD) eligible as tier 2 capital

MAB/NBFIs

18 June 2003

Public issuance of unsecured subordinated debt

MAB/NBFIs

23 July 2003

Amendments to the Manual of Accounts and reportorial requirements for

Memorandum to All U/KBs
universal banks and commercial banks to implement Section I (Accounting
Treatment) of the Memorandum to All Banks and NBFIs Concerned dated
17 February 2003

06 Aug 2003

Market risk capital treatment for dollar-linked peso notes

Memorandum to All U/KBs

02 Dec 2003

Procedures to be observed by universal banks and commercial banks

Memorandum to All U/KBs
applying for BSP recognition of their own internal models for calculating
market risk capital charge under Circular No. 360 dated 3 December 2002,
as amended.

26 Jan 2004

Revised report form for the computation of the risk-based capital adequacy Memorandum to All R/CBs
ratio covering credit risks

03 Feb 2004

Unsecured subordinated debt (USD)

05 Aug 2004

MAB/NBFIs

Additional reportorial requirements on unsecured subordinated debt (USD) MAB

in compliance with the mandatory allocation of funds for Agri-Agra credit
required under PD No. 717
BSP's implementation plans for the new international capital standards as MAB
contained in the Basel Committee on Banking Supervision (BCBS)
document International Convergence of Capital Measurement and Capital
Standards: A Revised Framework

08 Sep 2004

Implementation of Circular No. 475 dated 14 February 2005

MAB

14 April 2005

Standard definitions of default and loss

Memorandum to All U/KBs

15 April 2005

Invitation to comment on the exposure draft of Basel 2 implementing

guidelines for the Philippines

MAB

19 April 2005

Procedures to be observed in investing in credit-linked notes, structured

products and securities overlying securitization structures

Memorandum to All U/KBs

11 May 2005

Amendments to the guidelines for the issuance of unsecured subordinated MAB/NBFIs

debt eligible as tier 2 capital so as to include hybrid tier 1 capital

13 Dec 2004

23 March 2006

Resubmission of CAR Reports as of 31 December 2005

Memorandum No. M-2006011

21 July 2006

Trial Reports for the Revised Risk-Based Capital Adequacy Framework

Memorandum No. M-2006015

22 Aug 2006

Reporting Templates of the Revised Risk-Based Capital Adequacy

Framework

Memorandum No. M-2006020

16 Oct 2006

Basel II Implementation Plans

Memorandum No. M-2006022

24 Nov 2006

Guidelines on the Use of the Standardized Approach in Computing the

Capital Charge for Operational Risks

Memorandum No. M-2007019

21 June 2007

Frequently Asked Questions (FAQs) on the Revised Risk-Based Capital

Adequacy Framework

Memorandum No. M-2007041

07 Dec 2007

Reporting templates of the revised risk-based capital adequacy framework Memorandum No. M-2010(For stand-alone Tbs,RBs and Coop Banks - effective 1 January 2012)
014

15 June 2010

M-2010-014
Reporting Templates of the Revised Risk-Based Capital Adequacy
Framework
Parallel run of the original and revised Risk-Based Capital Adequacy Ratio M-2010-046
(CAR) Reports under Circular No. 688

15 June 2010

Guidelines on the Electronic Submission of the Original and the Revised

Risk-Based Capital Adequacy Ratio (CAR) Reports

M-2011-054

06 Oct 2011

Amendment of the Reporting Template of the Revised Risk-Based Capital

Adequacy Framework pursuant to Circular No. 740 dated 16 November
2011

M-2011-062

13 Dec 2011

14 Dec 2010

Circular Letters
Unsecured DOSRI as a deduction from capital

Circular Letter

18 May 2001

Frequencies and deadlines of submission of the computation of the riskbased capital adequacy ratio covering credit risk

Circular Letter

25 Sep 2001

Issuance of subordinated debt instrument and asset transfer plan

Circular Letter

16 Jan 2002

Recognition of PhilRatings as domestic rating agency for bank supervisory Circular Letter
purposes

20 Jan 2004

Recognition of the national or domestic credit ratings undertaken by Fitch

Singapore Pte. Ltd. for bank supervisory purposes

Circular Letter

28 Feb 2005

Amendments to the Risk-Based Capital Adequacy Framework for

Banks/Quasi-Banks on the Definition of Qualifying Capital
Instruments

Circular 768

21 September 2012

Amendments to the Risk-Based Capital Adequacy Framework for

Stand-alone Thrift Banks, Rural Banks, and Cooperative Banks

Circular 770

18 September 2012

Circular 414

13 Jan 2004

Guidelines on Technology Risk Management

Circular 511

03 Feb 2006

Guidelines on Supervision by Risk to provide guidance on how financial

institutions should identify, measure and control risks

Circular 510

03 Feb 2006

Circular Letter

06 Feb 2006

Guidelines on market risk management

Circular 544

15 Sep 2006

Guidelines on liquidity risk management

Circular 545

15 Sep 2006

RISK MANAGEMENT
Guidelines for managing large exposures and credit risk concentrations

Reminding all banks and NBFIs to take appropriate measures, as part of

their overall risk management system, to ensure that they fully comply with
the requirement of PD No. 957

Circular 510

03 Feb 2006

Circular 511

03 Feb 2006

Circular 280

29 Mar 2001

Circular Letter

25 Sep 2001

Circular 310

10 Dec 2001

Circular 364

09 Jan 2003

Circular 394

06 Aug 2003

Circular 399

01 Sep 2003

Circular 403

19 Sep 2003

Circular 416

21 Jan 2004

Adoption of the risk-based capital adequacy framework

Circular 475

14 Feb 2005

Implementation of Circular No. 475 dated 14 February 2005

MAB

14 Apr 2005

Circular 713

14 Feb 2011

Circular 717

25 Mar 2011

Circular 750

01 Mar 2012

Approval of the guidelines on supervision by risk, setting forth the

expectations of the BSP with respect to the conduct of risk management by
financial institutions (FIs) under its supervision
Approval of the guidelines on technology risk management ainmed at
ensuring effective management of technology-related risks by Fis
RISK WEIGHT

Risk weighting of bank loans to the extent guaranteed by the Agricultural

Guarantee Fund Pool (AGFP)
Risk weight of credit exposures guaranteed by the LGU Guarantee
Corporation (LGUGC); and Treastment of guarantees under the risk-based
capital adequacy framework of stand-alone thrift banks, rural banks and
cooperative banks
Risk weighting of bank loans to the extent guaranteed by the Agricultural
Guarantee Fund Pool (AGFP)
RULES AND REGULATIONS ON REAL AND OTHER PROPERTIES OWNED Circular Letter
OR ACQUIRED (ROPOA)

21 Jun 2002

Circular 701

13 Dec 2010

RULES OF PROCEDURE FOR ADMINISTRATIVE CASES INVOLVING Circular 477

DIRECTORS AND OFFICERS OF BANKS/QBs AND TRUST ENTITIES

22 Feb 2005

Amendments to the Regulations on the Reclassification of Real and Other

Properties Acquired (ROPA) to Bank/QB Premises, Furniture, Fixture and
Equipment

RURAL BANKING CONSCIOUSNESS WEEK

Circular Letter

10 Aug 2001