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 to act as banker of the government ⓘ
Bangko Sentral ng Pilipinas to act as financial advisor of the government ⓘ
Bangko Sentral ng Pilipinas to issue currency ⓘ
Bangko Sentral ng Pilipinas to manage international reserves ⓘ
country Philippines ⓘ
definesPowersAndFunctionsOf Bangko Sentral ng Pilipinas ⓘ
definesRoleOf 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 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 ⓘ
Bangko Sentral ng Pilipinas → legalBasis → Republic Act No. 7653 ⓘ
subject linked to: BSP
Monetary Board → legalBasis → Republic Act No. 7653 ⓘ
Republic Act No. 11211 → amends → Republic Act No. 7653 ⓘ