BSP Approves New Payment System Oversight Framework By Editors, Regulation Asia Published on 3rd July 2020 The BSP will be empowered to designate a payment system as systemically important, and replace its operator for a failure to satisfy regulatory obligations.To continue reading... Sign in Password * Remember me Lost your password? Get access Get access immediately by purchasing a 12 month subscription, or register today to get access to a free 5-article trial: Register Subscribe To discuss subscription options with our team please email: [email protected] Related:BSP, NPSA, Oversight, Payment System, Payments, Philippine Payments Management Recommended for you BIS Innovation Hub Sets Out 2021 Work Programme PBOC Proposes to Tighten Oversight of Non-bank Payments Firms China Shuts Down Cross-border Gambling, Payments Platforms