Manual of Regulations for Banks

This paper presents the Manual of Regulation for Banks issued by the Bangko Sentral NG Pilipinas (BSP). The paper states that:

• The goal of the manual is to effectively disseminate the regulatory issuances of the BSP on a timely basis and to provide appropriate guidance to the banking community and the interested public;
• The manual is the comprehensive authority on the specific subjects that it covers;
• Banks that violate the provisions of the manual will be punishable.

The manual is divided into the following six sections that discuss:

• The organization, administration and management of banks;
• Deposit and borrowing operations;
• Loans, deposits and special credits;
• Trust, other fiduciary business and investment management activities;
• Foreign currency deposit system and other operations in foreign currency;
• Other miscellaneous material.