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                    [Title] => Council studies proposal to set up a single financial regulator
                    [Summary] => The multi-sectoral Capital Market Development Council (CMDC) is studying a proposal to establish a single financial regulator by merging the Securities and Exchange Commission, the Bangko Sentral ng Pilipinas and the Insurance Commission.


CMDC chairman Chit Manabat said several members of the council have underscored the need to create a single regulatory body to oversee the financial markets in order to ensure tighter supervision over banks, publicly-listed corporations, brokerage houses, investment houses, mutual fund firms, and other market players.


                    [DatePublished] => 2003-10-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL

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                    [ArticleID] => 224470
                    [Title] => Council studies proposal to set up a single financial regulator
                    [Summary] => The multi-sectoral Capital Market Development Council (CMDC) is studying a proposal to establish a single financial regulator by merging the Securities and Exchange Commission, the Bangko Sentral ng Pilipinas and the Insurance Commission.


CMDC chairman Chit Manabat said several members of the council have underscored the need to create a single regulatory body to oversee the financial markets in order to ensure tighter supervision over banks, publicly-listed corporations, brokerage houses, investment houses, mutual fund firms, and other market players.


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Council studies proposal to set up a single financial regulator

By Zinnia B. Dela Peña | October 17, 2003 - 12:00am

The multi-sectoral Capital Market Development Council (CMDC) is studying a proposal to establish a single financial regulator by merging the Securities and Exchange Commission, the Bangko Sentral ng Pilipinas and...

Business