Philippines

Liquidity Risk

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.

Capital Adequacy

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.

Structural Regulation

Philippines SEC Slashes Fees, Streamlines Approvals to Boost Listings

By Sanday Chongo Kabange | 28/07/2025

The SEC aims to increase market participation by cutting registration fees by 30 percent and enforcing a strict 45-day review timeline.

Payments & Settlements

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.

Structural Regulation

Philippines SEC Eyes Tiered Minimum Public Float System for IPOs

By Nithya Subramanian | 25/07/2025

A tiered model would be more transparent than blanket exemptions, balancing market liquidity with a more flexible IPO framework.

Anti-Money Laundering

Philippines Weighs Total Ban on Online Gambling vs Tighter Rules

By Mark Johnston | 23/07/2025

The Philippines is weighing a potential ban on online gambling, balancing significant government revenues and job creation against mounting social concerns.

Conduct, Culture & Accountability

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.

Sustainable Finance

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.

AI Risk & Governance

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.