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BSP seeks tougher oversight of bank execs

Summary by Inquirer
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants directors and officers of supervised financial institutions to undergo regular assessments for fitness and propriety, rather than being evaluated only when they are elected or appointed. At the same time, the BSP is also considering requiring firms to reconstitute their boards when their financial and supervisory

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BSP seeks tougher oversight of bank execs

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants directors and officers of supervised financial institutions to undergo regular assessments for fitness and propriety, rather than being evaluated only when they are elected or appointed. At the same time, the BSP is also considering requiring firms to reconstitute their boards when their financial and supervisory

·Makati, Philippines (the)
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Inquirer broke the news in Makati, Philippines (the) on Wednesday, August 19, 2026.
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