Course Outline
A. Legal bases
- This will provide an overview of the legal anchor for the (i) issuance of the regulations governing FX transactions in the Philippines, and (ii) adoption of measures, requirements and/or guidelines for such transactions.
B. Underlying objectives
- This will provide the guiding principles and motivations in adopting and updating the FX regulations, as well as considerations in undertaking liberalization initiatives.
C. Salient regulations on FX transactions
- This will cover the existing regulations governing FX transactions. The discussion will include the general rules that may be applicable to all types of FX transactions, and specific rules that vary depending on the type of FX transactions, such as:
- Resident to resident transactions
- Non-trade current account transactions
- Trade transactions
- Foreign/Foreign currency loan transactions
- Investments
D. Enforcement actions
- This will cover the basic rules on sanctions that may be imposed against the erring banks and their directors, officers or employees for violations of FX policies and reporting requirements.
TARGET PARTICIPANTS:
This webinar is open to all, particularly to personnel from the following departments: International Department, Treasury, Legal, Credit Policy, Compliance, and Branch Personnel.
Resource Speaker:
Atty. Elmore O. Capule
Senior Assistant Governor and General Counsel Office of the General Counsel and Legal Services
Bangko Sentral ng Pilipinas
Atty. April Michelle D. Salamatin
Legal Officer IV Office of the General Counsel and Legal Services
Bangko Sentral ng Pilipinas
Schedule:
August 28, 2024 (Thursday-Friday)
1:00 PM – 4:00 PM
Training Fee per Participant:
Member Institution – P2,800.00
Non-Member Institution – P3,920.00
**VAT inclusive