1. Philippines National Market Practice Group
28 March 2017

2. Schedule 9.00 – 9.30 am Registration / Coffee
9.30 – am Discussion / Agenda
11.15 am – am Wrap-up

3. Agenda 1
Agree on the establishment of a Terms of References for the Philippine NMPG.
Agree on the establishment of a Terms of References for the Philippine NMPG. Sample TOR for Vietnam enclosed. 1 2
Discuss list of issues raised during the 09 January 2017 meeting, solicit inputs from
entities not represented, deliberate and agree on the priority list 3
Establish a framework for handling each topic whether for further deliberation
at the NMPG en banc or should it be assigned to a Task Force
Identify and agree on various Task Forces, their composition and elect the
TF Lead and Co-Lead, as necessary. Should there be existing market groups
(e.g. custodian group) who already have ongoing discussions relating to any of the
identified topics, consider formalizing the effort into a Task Force under NMPG. 4
Identify requirements for training for NMPG (en banc or Task Forces) and/or subject
matter experts to augment the local expertise and possible resourcing options 5
Proposal for a rotating chair concept, default host/chair is Ms. Nellie Dagdag 6 6

4. List of Issues Raised last 9 Jan 2017
Clearing & Settlement of Indirect Clearing Participants
Cash Clearing
Use RTGS as mode of payment
Linkage of Trades (direct and indirect legs are linked)
Auto Pre-matching
Trade Date as matching criteria
Real-time depository upload
GS Pre-matching
Failed Trades Management
Corporate Actions
Issuers to use RTGS as mode of payment for cash dividends
STP interface for CA announcements
E-Voting for Annual Stockholders’ Meeting
Upload facility of PDTC for tax maintenance
Streamline Issuers’ documentary tax requirements for the availment of preferential rate
Settlement Cycle (T+2)
Open connectivity (ISO20022)
Establish standards/rule book for the market
Automated settlement of Corporate Bonds

5. Appendices