^
+ Follow PHILIPPINE CENTRAL DEPOSITORY INC Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1538319
                    [Title] => BSP expands list of non-bank acquisitions
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has expanded the list of enterprises that could be acquired by banks as part of their non-financial allied undertakings.

[DatePublished] => 2016-01-01 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 253403 [Title] => PDTC gets license as transfer agent for scripless trading [Summary] => The Philippine Depository & Trust Corp. (PDTC), formerly the Philippine Central Depository Inc., has secured a license from the Securities and Exchange Commission (SEC) to operate as a transfer agent.

The approval, however, was subject to a number of conditions to ensure that PDTC’s operation as a depository of securities or any of the functions regulated by the SEC are not imperiled.
[DatePublished] => 2004-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 253048 [Title] => PSE to take over assets of troubled brokerage firm [Summary] => The Securities and Exchange Commission (SEC) has authorized the Philippine Stock Exchange (PSE) to take over the assets of broker firm Marino Olondriz Y Cia to ensure the settlement of the latter’s liabilities to its clients.

The SEC said Marino Olondriz’s financial condition has so deteriorated that it cannot meet the demands of its customers for the delivery of securities and/or payment of sales proceeds.
[DatePublished] => 2004-06-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 230631 [Title] => AMLC eyes ‘suspicious’ transactions [Summary] => The Anti-Money Laundering Council (AMLC) has approved the rules for the submission of reports on suspicious transactions in banks, insurance companies, stockbrokerage houses and pre-need firms.

The AMLC is headed by Bangko Sentral ng Pilipinas Governor Rafael Buenaventura. Sitting as members of the council are Securities and Exchange Commission Chairperson Lilia Bautista and Insurance Commission officer-in-charge Eduardo Malinis.
[DatePublished] => 2003-12-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 228727 [Title] => PSE plans hike in settlement and clearing fees, broker’s contribution [Summary] => The Philippine Stock Exchange (PSE) plans to increase the amount of the clearing and trade guaranty fund (CTGF) in line with efforts to enhance the reliability of and confidence in the settlement system.

The PSE said the amount of the CTGF will be augmented by increasing the contribution rate applied to the broker firms’ monthly turnover volumes.

Apart from this, the PSE plans to increase the fees for settlement and clearing by next year.
[DatePublished] => 2003-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 218213 [Title] => PSE to install new clearing system by yearend [Summary] => The Philippine Stock Exchange (PSE) is expected to install a new clearing and settlement system by the end of the year.

The new system is seen to help reduce the settlement period from the current three days after trade standard. The acquisition of the system has already been approved by the PSE board.

A team from the PSE visited Bangalore and Mumbay in India for its final due diligence on the vendor systems and facilities last July 21. The PSE said the purchase might be carried out this month and expects the system to be operational by yearend.
[DatePublished] => 2003-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 208501 [Title] => Shareholders OK conversion of PCDI into a holding firm [Summary] => The Philippine Central Depository Inc. (PCDI) will be spun off into three subsidiaries to handle depository, trading, and clearing and settlement separately to be more efficient and faster in processing transactions.

PSE president Ernest Leung said PCDI shareholders approved last Monday the conversion of PCDI into a holding company. The new holding firm will will have an authorized capital of P500 million.

Leung said the PSE has approved the conversion of its 32 percent stake in PCDI to 12 percent of the new holding company.
[DatePublished] => 2003-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 177699 [Title] => SEC to PSE: Justify plan to acquire full ownership of SCCP [Summary] => The Securities and Exchange Commission has asked the Philippine Stock Exchange to justify its plan to acquire full ownership of the Securities Clearing Corp. of the Philippines as this is contrary to an earlier directive of the commission requiring the Exchange to divest its shareholdings in the SCCP.

SEC Chairperson Lilia R. Bautista said the PSE must secure the approval of the commission of its plan to increase its stake in SCCP. "They have to justify that there is no point in our basis for them to divest their shareholdings in SCCP," she said.
[DatePublished] => 2002-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 155096 [Title] => PCD may now accept securities [Summary] => The Philippine Central Depository Inc. (PCD), the stock clearing and depository agency 30 percent owned by the Philippine Stock Exchange (PSE), can now accept debt securities.

The Securities and Exchange Commission (SEC) approved last week the grant of a provisional license to PCD to operate as a depository for debt securities.
[DatePublished] => 2002-03-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILIPPINE CENTRAL DEPOSITORY INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1538319
                    [Title] => BSP expands list of non-bank acquisitions
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has expanded the list of enterprises that could be acquired by banks as part of their non-financial allied undertakings.

[DatePublished] => 2016-01-01 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 253403 [Title] => PDTC gets license as transfer agent for scripless trading [Summary] => The Philippine Depository & Trust Corp. (PDTC), formerly the Philippine Central Depository Inc., has secured a license from the Securities and Exchange Commission (SEC) to operate as a transfer agent.

The approval, however, was subject to a number of conditions to ensure that PDTC’s operation as a depository of securities or any of the functions regulated by the SEC are not imperiled.
[DatePublished] => 2004-06-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 253048 [Title] => PSE to take over assets of troubled brokerage firm [Summary] => The Securities and Exchange Commission (SEC) has authorized the Philippine Stock Exchange (PSE) to take over the assets of broker firm Marino Olondriz Y Cia to ensure the settlement of the latter’s liabilities to its clients.

The SEC said Marino Olondriz’s financial condition has so deteriorated that it cannot meet the demands of its customers for the delivery of securities and/or payment of sales proceeds.
[DatePublished] => 2004-06-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 230631 [Title] => AMLC eyes ‘suspicious’ transactions [Summary] => The Anti-Money Laundering Council (AMLC) has approved the rules for the submission of reports on suspicious transactions in banks, insurance companies, stockbrokerage houses and pre-need firms.

The AMLC is headed by Bangko Sentral ng Pilipinas Governor Rafael Buenaventura. Sitting as members of the council are Securities and Exchange Commission Chairperson Lilia Bautista and Insurance Commission officer-in-charge Eduardo Malinis.
[DatePublished] => 2003-12-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 228727 [Title] => PSE plans hike in settlement and clearing fees, broker’s contribution [Summary] => The Philippine Stock Exchange (PSE) plans to increase the amount of the clearing and trade guaranty fund (CTGF) in line with efforts to enhance the reliability of and confidence in the settlement system.

The PSE said the amount of the CTGF will be augmented by increasing the contribution rate applied to the broker firms’ monthly turnover volumes.

Apart from this, the PSE plans to increase the fees for settlement and clearing by next year.
[DatePublished] => 2003-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 218213 [Title] => PSE to install new clearing system by yearend [Summary] => The Philippine Stock Exchange (PSE) is expected to install a new clearing and settlement system by the end of the year.

The new system is seen to help reduce the settlement period from the current three days after trade standard. The acquisition of the system has already been approved by the PSE board.

A team from the PSE visited Bangalore and Mumbay in India for its final due diligence on the vendor systems and facilities last July 21. The PSE said the purchase might be carried out this month and expects the system to be operational by yearend.
[DatePublished] => 2003-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 208501 [Title] => Shareholders OK conversion of PCDI into a holding firm [Summary] => The Philippine Central Depository Inc. (PCDI) will be spun off into three subsidiaries to handle depository, trading, and clearing and settlement separately to be more efficient and faster in processing transactions.

PSE president Ernest Leung said PCDI shareholders approved last Monday the conversion of PCDI into a holding company. The new holding firm will will have an authorized capital of P500 million.

Leung said the PSE has approved the conversion of its 32 percent stake in PCDI to 12 percent of the new holding company.
[DatePublished] => 2003-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 177699 [Title] => SEC to PSE: Justify plan to acquire full ownership of SCCP [Summary] => The Securities and Exchange Commission has asked the Philippine Stock Exchange to justify its plan to acquire full ownership of the Securities Clearing Corp. of the Philippines as this is contrary to an earlier directive of the commission requiring the Exchange to divest its shareholdings in the SCCP.

SEC Chairperson Lilia R. Bautista said the PSE must secure the approval of the commission of its plan to increase its stake in SCCP. "They have to justify that there is no point in our basis for them to divest their shareholdings in SCCP," she said.
[DatePublished] => 2002-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 155096 [Title] => PCD may now accept securities [Summary] => The Philippine Central Depository Inc. (PCD), the stock clearing and depository agency 30 percent owned by the Philippine Stock Exchange (PSE), can now accept debt securities.

The Securities and Exchange Commission (SEC) approved last week the grant of a provisional license to PCD to operate as a depository for debt securities.
[DatePublished] => 2002-03-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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