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  1. Philippines
    financial system stability assessment : press release and statement by the Executive Director for the Philippines
    Published: April 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    GDP contracted by 9 1\2 percent in 2020-a much steeper decline than during the Asian Financial Crisis (AFC)-but it is now recovering with the easing of containment measures and economic policy support. Banks are closely connected to the corporate... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    GDP contracted by 9 1\2 percent in 2020-a much steeper decline than during the Asian Financial Crisis (AFC)-but it is now recovering with the easing of containment measures and economic policy support. Banks are closely connected to the corporate sector through high credit exposures and conglomerate ownership linkages. The Financial Action Task Force (FATF) may list the Philippines as a jurisdiction with serious Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) deficiencies in 2021. The country is also vulnerable to climate change (physical) risks, especially the destruction of physical capital from typhoons

     
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513576763
    Other identifier:
    Series: IMF country reports ; 21, 74
    Subjects: bank secrecy law; BSP charter; bridge bank authority; secrecy law; government financial institutions; Financial sector stability; Loans; Anti-money laundering and combating the financing of terrorism (AML/CFT); Financial Sector Assessment Program; Global; Asia and Pacific
    Scope: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  2. Philippines
    financial system stability assessment : press release and statement by the Executive Director for the Philippines
    Published: April 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    GDP contracted by 9 1\2 percent in 2020-a much steeper decline than during the Asian Financial Crisis (AFC)-but it is now recovering with the easing of containment measures and economic policy support. Banks are closely connected to the corporate... more

    Access:
    Verlag (kostenfrei)
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    Resolving-System (kostenfrei)

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    GDP contracted by 9 1\2 percent in 2020-a much steeper decline than during the Asian Financial Crisis (AFC)-but it is now recovering with the easing of containment measures and economic policy support. Banks are closely connected to the corporate sector through high credit exposures and conglomerate ownership linkages. The Financial Action Task Force (FATF) may list the Philippines as a jurisdiction with serious Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) deficiencies in 2021. The country is also vulnerable to climate change (physical) risks, especially the destruction of physical capital from typhoons

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513576763
    Other identifier:
    Series: IMF country reports ; 21, 74
    Subjects: bank secrecy law; BSP charter; bridge bank authority; secrecy law; government financial institutions; Financial sector stability; Loans; Anti-money laundering and combating the financing of terrorism (AML/CFT); Financial Sector Assessment Program; Global; Asia and Pacific
    Scope: 1 Online-Ressource (circa 72 Seiten), Illustrationen