Philippines

Payments & Settlements

BSP Clarifies Rules on P2P Transfer Fees, Merchant Due Diligence

By Editors | 23/06/2026

New guidance requires cost-based pricing for P2P transfers, sets rules on inter-institution fee gaps, and clarifies simplified due diligence for small merchants.

Tokenisation

Philippine SEC Signals Readiness for Real-World Asset Tokenisation

By Sanday Chongo Kabange | 23/06/2026

The SEC says its existing legal framework can support tokenised assets, citing investor protection and market innovation as key drivers.

Operational Risk

Philippine Central Bank to Probe BPI Digital Banking Outage

By Editors | 23/06/2026

The BSP will look into a multi-day digital service disruption at the Bank of the Philippine Islands and has pledged accountability.

Credit Risk

Philippines Central Bank Amends Rules on Salary-Based Loans

By Editors | 23/06/2026

New regulations extend the maximum tenor for salary-based consumption loans to seven years and introduce stricter credit granting and reporting standards.

Anti-Money Laundering

Philippines Bolsters Financial Probe Capacity for Environmental Crimes

By Editors | 23/06/2026

The government is training prosecutors and investigators to tackle illicit financial flows linked to environmental offences ahead of a key money laundering evaluation.

Capital Adequacy

Philippines Offers Capital Relief on Government Bond Losses

By Sanday Chongo Kabange | 23/06/2026

The BSP has introduced temporary relief measures to shield banks from the capital impact of unrealised government bond losses.

Payments & Settlements

Philippines Lifts Digital Fee Freeze, Sets New Pricing Rules

By Sanday Chongo Kabange | 22/06/2026

The BSP has ended its five-year freeze on digital transfer fees, introducing a new framework that requires cost-based, transparent pricing and new AML duties for payment operators.

Fraud, Scams & Cybercrime

Philippines SEC Secures Interpol Red Notice for MFT Group CEO

By Editors | 22/06/2026

An international alert has been issued for Maria Francesca "Mica" Tan over an alleged large-scale fraudulent investment scheme that solicited funds without a licence.

Structural Regulation

Philippines SEC to Mandate Online Filings, Cut Offering Approval Time

By Editors | 17/06/2026

The regulator has published draft rules for a new digital platform that will make public offering applications fully online and reduce processing to 40 days.