Philippine Stock Exchange, Inc. · PSE:PSE

Philippine Stock Exchange — Investor Presentation (December 2016)

15 slides from Philippine Stock Exchange's investor presentation, December 2016

  1. Slide 1: Clearing and Settlement of Dollar Denominated Securities

    Clearing and Settlement Of Dollar Denominated Securities TP Training December 2016

  2. Slide 2: Implementing Guidelines

    Securities Clearing Corporation of the Philippines Implementing Guidelines Existing SCCP Rules and Operating Procedures that have been duly approved by the Securities Exchange Commission governing Peso-denominated trade transactions shall apply, insofar as the same are not inconsistent with the Rule

  3. Slide 3: Clearing and Settlement

    Securities Clearing Corporation of the Philippines Implementing Guidelines Clearing and Settlement  Settlement Bank : BDO Unibank, Inc.  Settlement Deadline : 12:00 NN of T+3  Settlement Currency : US Dollar (USD)  Settlement processing:  Cash – shall be handled outside of CCCS; no CCCS cash tr

  4. Slide 4: Required Bank Accounts

    Securities Clearing Corporation of the Philippines Implementing Guidelines Required Bank Accounts:  Foreign Currency Deposit Unit (FCDU) account with any of the commercial banks which shall serve as the operating account  Clearing Members will be required to open the following FCDU accounts with t

  5. Slide 5: Reminders

    Securities Clearing Corporation of the Philippines Implementing Guidelines Reminders  USD funds deposited in the Cash Settlement Accounts and Cash Collateral Accounts should be good, cleared funds.  USD notes deposited on the same day as the deadline may not necessarily denote good cleared funds a

  6. Slide 6: Amendments to Foreign Exchange Regulations Circular: Resident to Resident Transactions

    Securities Clearing Corporation of the Philippines Amendments to Foreign Exchange Regulations Circular 925 Chapter II : Resident to Resident Transactions Authorized Agent Banks (AAB) and AAB-affiliate forex corporations may sell foreign exchange (regardless of amount) to non-bank residents for their

  7. Slide 7: Amendments to Foreign Exchange Regulations Circular 925

    Securities Clearing Corporation of the Philippines Amendments to Foreign Exchange Regulations Circular 925 Chapter II : Resident to Resident Transactions

  8. Slide 8: Amendments to Foreign Exchange Regulations Circular

    Securities Clearing Corporation of the Philippines Amendments to Foreign Exchange Regulations Circular 925 Chapter II : Resident to Resident Transactions

  9. Slide 9: Amendments to Foreign Exchange Regulations Circular 925

    Securities Clearing Corporation of the Philippines Amendments to Foreign Exchange Regulations Circular 925 Chapter II : Resident to Resident Transactions

  10. Slide 10: Amendments to Foreign Exchange Regulations Circular: Resident to Resident Transactions

    Securities Clearing Corporation of the Philippines Amendments to Foreign Exchange Regulations Circular 925 Chapter II : Resident to Resident Transactions All foreign exchange purchases shall either be: Remitted directly to the intended resident beneficiary’s account on the date of purchase; or Credi

  11. Slide 11: Mark-to-Market Collateral Requirement

    Securities Clearing Corporation of the Philippines Implementing Guidelines Mark-to-Market Collateral Requirement  Computations shall be separate from the computations for the MMCD requirements for Peso-denominated securities  Acceptable Collaterals:  Cash (US Dollar)  Early Delivery of DDS share

  12. Slide 12: Mark-to-Market Collateral Requirement

    Securities Clearing Corporation of the Philippines Implementing Guidelines Mark-to-Market Collateral Requirement  Collateral Withdrawal  Deadline for submission of the Notice of Withdrawal of excess cash collaterals is 12:00 NN (in lieu of the CCCS Collateral Withdrawal instruction).  Any withdra

  13. Slide 13: Reports and CCCS System Messages

    Securities Clearing Corporation of the Philippines Implementing Guidelines Reports and CCCS System Messages  The following reports shall be available in CCCS for DDS transactions:  Obligation Report  MMCD Collateral Requirement Notice  A separate system message for MMCD of DDS transactions shall

  14. Slide 14: Fees and Penalties

    Securities Clearing Corporation of the Philippines Implementing Guidelines Fees and Penalties The following shall be paid in Philippine pesos, using the same method and rate as with the Peso- denominated securities. The Philippine peso equivalent of the fees and penalties shall be computed using the

  15. Slide 15: Thank You

    Securities Clearing Corporation of the Philippines THANK YOU

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