Bangko Sentral ng Pilipinas

    AML / KYC

    Philippines Drafts Protocol to Reverse Fraudulent Transactions

    By Sanday Chongo Kabange | 05/03/2026

    The industry-wide framework aims to provide clearer and more reliable timelines for recovering funds stolen through scams and cyberattacks.

    Fintech / Regtech

    Philippine Rural Banks Warn New Rules Could Stifle Inclusion

    By Sanday Chongo Kabange | 05/03/2026

    An industry group is urging the BSP to rethink proposed prudential rules, arguing that steep capital requirements and geographic limits could harm digitalisation.

    Capital / Liquidity

    Philippines Central Bank Reviews Lifting Maturity Cap for Salary Loans

    By Sanday Chongo Kabange | 05/03/2026

    The move aims to ease borrower debt burdens and provide repayment flexibility amid slowing national credit growth and calls from public sector employees.

    Securities / Derivatives

    Philippines SEC Sets Out Regulatory Framework for Sukuk Issuance

    By Sanday Chongo Kabange | 04/03/2026

    The new framework details requirements for Shari'ah governance, issuer registration, disclosure, and continuing obligations to develop the country's Islamic capital market.

    Fintech / Regtech

    Philippines Proposes Open Finance Law to Widen Credit Access

    By Sanday Chongo Kabange | 03/03/2026

    Proposed law aims to create a consent-based data framework to improve financial inclusion, with a key focus on the education sector.

    Fintech / Regtech

    BSP to Mandate Annual Cybersecurity Self-Assessments for Banks

    By Sanday Chongo Kabange | 27/02/2026

    New rules will require financial institutions to measure their cyber maturity against a new framework and report annually to the BSP.

    Capital / Liquidity

    Philippines Proposes Overhaul of Regulations for Electronic Money Issuers

    By Sanday Chongo Kabange | 27/02/2026

    Draft rules introduce strict liquidity requirements and recovery plans for e-money issuers, and powers allowing BSP to take control of firms in distress.

    Fintech / Regtech

    Philippines Tables Bill to Mandate Digital Payments for Government and Merchants

    By Sanday Chongo Kabange | 26/02/2026

    A sweeping bill advancing in the Philippine legislature seeks to mandate digital payments for both government and merchant transactions, creating a new multi-agency oversight body.

    Fintech / Regtech

    Philippines Partners with UAE on Islamic Finance, Cross-Border Payments

    By Sanday Chongo Kabange | 25/02/2026

    The agreement aims to modernise payment systems and strengthen regulatory collaboration, with a focus on improving remittance channels for overseas workers.

    AML / KYC

    BSP Inks Info-Sharing Agreements with Other Agencies to Combat Scams

    By Sanday Chongo Kabange | 23/02/2026

    The agreements, based on the new Anti-Financial Account Scamming Act, aim to speed up investigations while upholding existing bank secrecy safeguards.

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