Republic Act No. 7653

E283257

Republic Act No. 7653 is the Philippine law that reorganized and strengthened the country’s central banking system by establishing the modern Bangko Sentral ng Pilipinas and defining its powers and functions.

All labels observed (1)

Label Occurrences
Republic Act No. 7653 canonical 4

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf Philippine law
central banking law
aimsTo promote a strong banking system
promote balanced and sustainable economic growth
promote financial stability
authorizes Bangko Sentral ng Pilipinas
surface form: Bangko Sentral ng Pilipinas to act as banker of the government

Bangko Sentral ng Pilipinas
surface form: Bangko Sentral ng Pilipinas to act as financial advisor of the government

Bangko Sentral ng Pilipinas
surface form: Bangko Sentral ng Pilipinas to issue currency

Bangko Sentral ng Pilipinas
surface form: Bangko Sentral ng Pilipinas to manage international reserves
country Philippines
definesPowersAndFunctionsOf Bangko Sentral ng Pilipinas
definesRoleOf Bangko Sentral ng Pilipinas
surface form: Bangko Sentral ng Pilipinas as clearing and settlement institution

Bangko Sentral ng Pilipinas as custodian of bank reserves
Bangko Sentral ng Pilipinas as lender of last resort
establishes Bangko Sentral ng Pilipinas
frameworkFor Philippine banking supervision system
Philippine monetary policy implementation
Philippine payments system oversight
goal maintain confidence in the Philippine banking system
maintain stability of the Philippine peso
grantsAuthorityTo Bangko Sentral ng Pilipinas
legalBasisFor Bangko Sentral ng Pilipinas operations
Bangko Sentral ng Pilipinas regulatory authority
mandates formulation of monetary policy
regulation of money supply
supervision of banks
supervision of quasi-banks
primaryObjective maintain price stability
providesFor Bangko Sentral ng Pilipinas capitalization
Bangko Sentral ng Pilipinas policy-making bodies
Bangko Sentral ng Pilipinas supervisory powers
regulates banking operations in the Philippines
monetary operations in the Philippines
reorganized Philippine central banking system
replaced Central Bank of the Philippines legal framework
sectorAffected banking sector in the Philippines
non-bank financial institutions in the Philippines
shortTitle New Central Bank Act
surface form: The New Central Bank Act
strengthened Philippine central banking system
subjectMatter banking supervision
currency issuance
financial system stability
foreign exchange policy
monetary policy
typeOfAct monetary and banking statute

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bangko Sentral ng Pilipinas legalBasis Republic Act No. 7653
BSP legalBasis Republic Act No. 7653
subject surface form: Bangko Sentral ng Pilipinas
Monetary Board legalBasis Republic Act No. 7653
Republic Act No. 11211 amends Republic Act No. 7653