BSP Rules on Bank Stock Ownership Limits and Transfers

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BSP CIRCULAR NO. 718, S. 2011: BSP Rules on Bank Stock Ownership Limits and Transfers

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Title Supreme Court: BSP Rules on Bank Stock Ownership Limits and Transfers

Law: Bsp Circular No. 718, S. 2011

Decision Date: Apr 26, 2011

BSP Circular No. 718, S. 2011, amends regulations on voting shares of stock in banks, establishing ownership limits for individuals and corporations, including specific provisions for foreign ownership and requiring prior Monetary Board approval for significant transactions.

voting shares

stock transactions

corporate law

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