31655-013: Nonbank Financial Governance Program

Project Data Sheet (PDS): Overview


Description

The Program will support the process of capital formation through improved corporate governance in the nonbank financial sector. The key components of Phase I are: (i) enhancing and strengthening the governance of the Securities and Exchange Commission (SEC) by (a) allowing SEC greater administrative, operational and financial flexibility, and (b) enhancing monitoring and enforcement capacity; (ii) modernizing governance and regulatory structure of the Philippine Stock Exchange (PSE) by (a) deve... Read More

Country Philippines
Project Number 31655-013
Project Type or Modality of Assistance
Financing Public sector (Sovereign)
Status
Approval Date 15 Nov 2001
Geographical Location Nationwide
Sector Finance
Subsector Insurance and Contractual Savings
Safeguard Categories Environment: C

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