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                    [ArticleID] => 417950
                    [Title] => Local adoption of amendments to IAS 39 and IFRS 7 on reclassification of financial assets
                    [Summary] => 
As discussed in our KPMG Corner published last Nov. 11, 2008, the International Accounting Standards Board (IASB) issued the Amendments to International Accounting Standard (IAS) 39 Financial Instruments: Recognition and Measurement, and International Financial Reporting Standard (IFRS) 7 Financial Instruments: Disclosures.
                    [DatePublished] => 2008-11-25 00:00:00
                    [ColumnID] => 134573
                    [Focus] => 0
                    [AuthorID] => 1489865
                    [AuthorName] => Maria Myla S. Maralit
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 414019
                    [Title] => Reclassification of financial assets
                    [Summary] => The International Accounting Standards Board recently issued amendments to International Accounting Standards (IAS) 39, ...
                    [DatePublished] => 2008-11-11 00:00:00
                    [ColumnID] => 134573
                    [Focus] => 0
                    [AuthorID] => 1128347
                    [AuthorName] => Anna Magno-Pabellon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 380243
                    [Title] => BSP relaxes rules on forex-denominated bonds
                    [Summary] => 



The Bangko Sentral ng Pilipinas (BSP) said it will allow banks to reclassify forex-denominated  bonds of the National Government (NG) and the central bank without risk penalties for a short period after the revised reclassification rules take effect in July this year.


The BSP announced yesterday that the Monetary Board decided it would give a 30-day exemption to banks wishing to reclassify foreign currency denominated bonds of the NG and the BSP booked under the "held to maturity (HTM)" category.


                    [DatePublished] => 2007-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
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                    [ArticleID] => 314100
                    [Title] => Luisita tillers to end up with only 1,625 hectares?
                    [Summary] => The 8,000 potential farmer-beneficiaries should the stock distribution option (SDO) scheme of Hacienda Luisita be finally scrapped might have to divide only 1,625 hectares, or even less, of the 4,915-hectare sugar estate among themselves. 


This, as the Tarlac City government has reportedly reclassified some 3,290 hectares of the Cojuangco-owned sugar estate, said Danilo Carranza, land tenure improvement specialist of the Philippine Ecumenical Action for Community Empowerment (PEACE) Foundation Inc.


                    [DatePublished] => 2005-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097177
                    [AuthorName] =>  Katherine Adraneda
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
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RECLASSIFICATION

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                    [ArticleID] => 417950
                    [Title] => Local adoption of amendments to IAS 39 and IFRS 7 on reclassification of financial assets
                    [Summary] => 
As discussed in our KPMG Corner published last Nov. 11, 2008, the International Accounting Standards Board (IASB) issued the Amendments to International Accounting Standard (IAS) 39 Financial Instruments: Recognition and Measurement, and International Financial Reporting Standard (IFRS) 7 Financial Instruments: Disclosures.
                    [DatePublished] => 2008-11-25 00:00:00
                    [ColumnID] => 134573
                    [Focus] => 0
                    [AuthorID] => 1489865
                    [AuthorName] => Maria Myla S. Maralit
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                    [ArticleID] => 414019
                    [Title] => Reclassification of financial assets
                    [Summary] => The International Accounting Standards Board recently issued amendments to International Accounting Standards (IAS) 39, ...
                    [DatePublished] => 2008-11-11 00:00:00
                    [ColumnID] => 134573
                    [Focus] => 0
                    [AuthorID] => 1128347
                    [AuthorName] => Anna Magno-Pabellon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 380243
                    [Title] => BSP relaxes rules on forex-denominated bonds
                    [Summary] => 



The Bangko Sentral ng Pilipinas (BSP) said it will allow banks to reclassify forex-denominated  bonds of the National Government (NG) and the central bank without risk penalties for a short period after the revised reclassification rules take effect in July this year.


The BSP announced yesterday that the Monetary Board decided it would give a 30-day exemption to banks wishing to reclassify foreign currency denominated bonds of the NG and the BSP booked under the "held to maturity (HTM)" category.


                    [DatePublished] => 2007-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 314100
                    [Title] => Luisita tillers to end up with only 1,625 hectares?
                    [Summary] => The 8,000 potential farmer-beneficiaries should the stock distribution option (SDO) scheme of Hacienda Luisita be finally scrapped might have to divide only 1,625 hectares, or even less, of the 4,915-hectare sugar estate among themselves. 


This, as the Tarlac City government has reportedly reclassified some 3,290 hectares of the Cojuangco-owned sugar estate, said Danilo Carranza, land tenure improvement specialist of the Philippine Ecumenical Action for Community Empowerment (PEACE) Foundation Inc.


                    [DatePublished] => 2005-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097177
                    [AuthorName] =>  Katherine Adraneda
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
                )

        )

)

abtest

Local adoption of amendments to IAS 39 and IFRS 7 on reclassification of financial assets

By Maria Myla S. Maralit | November 25, 2008 - 12:00am

As discussed in our KPMG Corner published last Nov. 11, 2008, the International Accounting Standards Board (IASB) issued the Amendments to International Accounting Standard (IAS) 39 Financial Instruments: Recognition...

Business

Reclassification of financial assets

By Anna Magno-Pabellon | November 11, 2008 - 12:00am

The International Accounting Standards Board recently issued amendments to International Accounting Standards (IAS) 39, ...

Business

BSP relaxes rules on forex-denominated bonds

By Des Ferriols | January 16, 2007 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said it will allow banks to reclassify forex-denominated bonds of the National Government (NG) and the central bank without risk penalties for a short period after the...

Business

Luisita tillers to end up with only 1,625 hectares?

By Katherine Adraneda | December 29, 2005 - 12:00am

The 8,000 potential farmer-beneficiaries should the stock distribution option (SDO) scheme of Hacienda Luisita be finally scrapped might have to divide only 1,625 hectares, or even less, of the 4,915-hectare sugar...

Nation