A deep dive into AFASA (1)
Under Section 7 of AFASA, banks and financial institutions are authorized to impose a temporary hold on funds that are the subject of a disputed transaction.
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Daily TribuneTopic
Under Section 7 of AFASA, banks and financial institutions are authorized to impose a temporary hold on funds that are the subject of a disputed transaction.
· 2 min read
Ayala announced plans to bring in a strategic investor in August last year to strengthen GCash, which saw a surge in popularity during the pandemic
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‘Funds without actual investment in financial derivatives shall not be subject to the SBG limit. This includes equity funds, balanced funds and multi-asset…
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The Philippine Economic Zone Authority’s (PEZA) governing board reported a huge 294.26 percent improvement in their investment approvals in the first quarter…
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The Securities and Exchange Commission (SEC) has eased investment restrictions for certain funds, giving fund managers more flexibility in portfolio allocation.
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State-backed fund chief says rejecting $47B bid could damage country’s pro-investment image
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The Bangko Sentral ng Pilipinas (BSP) has directed banks and other financial institutions to closely monitor digital fund transfers and implement measures to…
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The Commission on Elections (Comelec) on Monday said that claims of possible election fraud in the upcoming midterm polls are unfounded.
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Mobile Legends: Bang Bang developer Moonton Games has finally confirmed its collaboration with the beloved anime title Naruto .
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Sales or exchange of shares listed in the Philippine stock market are subject to stock transaction tax of 0.6 percent of the gross selling price of the stock…
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PUERTO PRINCESA CITY, Palawan — Authorities in Palawan arrested yesterday two Romanian nationals for allegedly installing a skimming device on an automated…
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Investment pledges worth P52.93 billion in the first two months of the year have been approved by the Philippine Economic Zone Authority (PEZA).
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They’re applying under the incentives for CREATE and many more
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The Private Education Assistance Committee (PEAC) notified the Department of Education (DepEd) about alleged irregularities in the Senior High School (SHS)…
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In his keynote address, Magno underscored the region’s readiness for global partnerships, stating, ‘Mindanao is not just an opportunity waiting to be…
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Scammers often pose as reputable organizations or government agencies, which creates a false sense of credibility.
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Proposed new projects came from various businesses from Japan, Indonesia, Singapore, the United States, The Netherlands, Australia and Germany.
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The Bureau of Internal Revenue (BIR) must intensify investigations into big companies and wealthy individuals, including politicians, to stop tax evasion in…
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