{"id":210026,"date":"2019-04-15T04:27:58","date_gmt":"2019-04-15T08:27:58","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=210026"},"modified":"2019-04-15T04:27:58","modified_gmt":"2019-04-15T08:27:58","slug":"bsp-extends-transitory-period-for-banks-amended-reports","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/04\/15\/bsp-extends-transitory-period-for-banks-amended-reports\/","title":{"rendered":"BSP extends transitory period for banks&#8217; amended reports"},"content":{"rendered":"<figure id=\"attachment_151970\" aria-describedby=\"caption-attachment-151970\" style=\"width: 960px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-151970\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP.jpg\" alt=\"\" width=\"960\" height=\"638\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP.jpg 960w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP-300x199.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP-768x510.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP-20x13.jpg 20w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-151970\" class=\"wp-caption-text\">The BSP implemented the amended reporting templates on bank interest rates on loans and deposits under Circular 1029 dated Jan. 25, 2019 covering all universal and commercial banks (UBs\/KBs). (File <a href=\"https:\/\/www.facebook.com\/BangkoSentralngPilipinas\/photos\/a.335647726499063.76156.154917097905461\/997366883660474\/?type=1&amp;amp;theater\">Photo<\/a>: <a href=\"https:\/\/www.facebook.com\/BangkoSentralngPilipinas\/\">Bangko Sentral ng Pilipinas\/Facebook<\/a>)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; The Monetary Board (MB) approved the extension of transitory period of the amended report on bank interest rates on loans and deposits until 31 December 2019.<\/p>\n<p>This extension provides more time for banks to assess their compliance with the enhanced reporting structure prior to full implementation, the Bangko Sentral ng Pilipinas (BSP) said in a statement over the weekend.<\/p>\n<p>The BSP implemented the amended reporting templates on bank interest rates on loans and deposits under Circular 1029 dated Jan. 25, 2019 covering all universal and commercial banks (UBs\/KBs).<\/p>\n<p>During the extended transitory period, UBs\/KBs are required to submit both the existing and amended reports without penalty until the full implementation of the enhanced reporting requirements beginning January 1, 2020.\u00a0<strong><em>(BSP PR)<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; The Monetary Board (MB) approved the extension of transitory period of the amended report on bank interest rates on &hellip;<\/p>\n","protected":false},"author":44,"featured_media":151970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-210026","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/210026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=210026"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/210026\/revisions"}],"predecessor-version":[{"id":210027,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/210026\/revisions\/210027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/151970"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=210026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=210026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=210026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}