Philippines

ESG / Sustainability

UK, Philippines Launch Coalition to Boost Emerging Market Finance

By Sanday Chongo Kabange | 22/07/2025

The coalition will develop a toolkit to guide financial institutions and investors in channelling capital towards climate and development projects in emerging markets.

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.

Securities / Derivatives

Philippine SEC Sets Fixed Timelines for Processing Approvals

By Nithya Subramanian | 15/07/2025

Strict deadlines have been imposed for processing permits, licenses, and registrations, to streamline business processes and cut red tape.

AML / KYC

BSP Proposes New Rules to Restrict Online Gambling Payments

By Nithya Subramanian | 14/07/2025

The BSP proposes controls on PSPs handling online gambling transactions, including biometric verification, daily spending caps, and responsible gambling policies.

AML / KYC

New Bill Filed to Modernise Bank Secrecy Law in Philippines

By Nithya Subramanian | 11/07/2025

The proposed legislation aims to give BSP power to probe deposits tied to unlawful activity but under strict conditions.

Market Infrastructure

Philippines FSCC Flags Financial Risks, Eyes Deposit Insurance Reform

By Sanday Chongo Kabange | 11/07/2025

Regulators are monitoring global headwinds and geopolitical tensions, while considering a risk-based premium system for the bank deposit insurance scheme.

Enforcement

Philippines Moving to Quickly Rein In Online Gambling

By Nithya Subramanian | 10/07/2025

President Ferdinand Marcos Jr. has signaled support for tougher regulation and possible taxation of online gambling as lawmakers push for bans and stricter controls on e-wallets.

Sanctions

China Sanctions Former Philippine Senator Over South China Sea Laws

By Editors | 05/07/2025

China has barred Francis Tolentino, author of maritime laws challenging its territorial claims, from entering China, Hong Kong and Macau.