BANGKO SENTRAL NG PILIPINAS

BSP to Ease Bancassurance Cross-selling Regulations

By Editors | 04/08/2025

New guidelines will end the exclusive in-house model, allowing banks to partner with multiple third-party insurers to increase market access.

Securities / Derivatives

BSP Launches Data-sharing Initiative to Boost Retirement Funds

By Editors | 01/08/2025

The BSP has partnered with financial firms on a new framework to simplify access to voluntary retirement accounts.

ESG / Sustainability

BSP Issues New Guidance on Sustainable Finance Taxonomy

By Sanday Chongo Kabange | 31/07/2025

The BSP has released fresh clarifications for banks on the application of its green taxonomy framework.

Fintech / Regtech

BSP Mandates New Digital Reporting Mechanism for Liquidity, Deposits

By Manesh Samtani | 31/07/2025

Financial institutions face staggered deadlines to adopt the new PRIME system for submitting key reports in XML format as the regulator overhauls its data collection.

Fintech / Regtech

Philippines Drafts Tiered Capital Rules for Digital-Centric Banks

By Sanday Chongo Kabange | 30/07/2025

The BSP says the new framework links prudential requirements to digitalisation levels, with top-tier banks facing potential mandatory conversion to a digital bank licence.

Market Infrastructure

BSP Signs Pact with Treasury to Bolster Payment Systems

By Sanday Chongo Kabange | 28/07/2025

The agreement focuses on strengthening the resilience of the interconnected financial market infrastructures operated by the BSP and BTr.

Enforcement

BSP Amends Rules and Procedures on Director Disqualification

By Sanday Chongo Kabange | 22/07/2025

The new regulations introduce a path for voluntary permanent self-disqualification and formalise the process for banning individuals convicted in court.

Fintech / Regtech

BSP to Enhance Regulatory Framework for Digital-Centric Banks

By Nithya Subramanian | 18/07/2025

The Philippine central bank is drafting rules to assess digital adoption in traditional banks. AI risk guidelines are also in development.

Crypto / Digital Assets

Coins.ph, HashKey Launch Philippines-Hong Kong Crypto Corridor

By Nithya Subramanian | 16/07/2025

This will enable faster, more secure, and compliant movement of funds for individuals and institutions across the two markets.