BSP, Bank of Thailand sign MOU

BANGKO Sentral ng Pilipinas Governor Nestor A. Espenilla, Jr. and Governor Veerathai Santiprabhob of the Bank of Thailand signed on Dec. 7 in Bangkok, Thailand a memorandum of understanding (MOU) on banking supervision.

The MOU serves as a foundation for effective supervision of banking institutions operating in both countries, in accordance with the Basel core principles for effective banking supervision.

The MOU details the two authorities’ commitment to greater information exchange and cooperation in the areas of licensing, on-site examinations, supervisory colleges, and crisis management. (PR)
style="display:block; text-align:center;"


SunStar website welcomes friendly debate, but comments posted on this site do not necessarily reflect the views of the SunStar management and its affiliates. SunStar reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules:

Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent. Do not shout or use CAPITAL LETTERS!