Punongbayan & Araullo holds banking forum

Rappler.com

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The forum, to be held October 10, will focus on a tougher regulatory framework for banks called Basel III

MANILA, Philippines – Punongbayan & Araullo (P&A), one of the leading professional services firms in the country, will host a banking forum on Thursday, October 10.

With the theme “A New World of Regulations and Integration,” the half-day forum will focus on a tougher regulatory framework for banks called Basel III and what awaits the industry as the region moves toward economic integration by 2015.

Basel III is a complex package of laws and regulations meant to improve banks’ ability to absorb losses, especially during crises.

The Philippines is expected to adopt Basel III by 2014, starting with rules on capital adequacy ratio.

P&A’s banking forum will provide a platform for players to discuss their concerns over the new regulatory framework and for regulators to offer clarification and guidance.

The forum will be held at the Mandarin Oriental Hotel Manila in Makati City.

Among the official media partners are ANC, BusinessWorld, the Oxford Business Group, and Rappler. – Rappler.com

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