Philippines

Trading & Investment

Philippines Cuts Stock Trading Tax to Boost Market Competitiveness

By Manesh Samtani | 01/07/2025

A new law cuts the stock transaction tax from 0.6% to 0.1% to boost market liquidity and competitiveness. A significant […]

Fraud, Scams & Cybercrime

Philippines: Many Online Scammers Used to Work at POGOs

By Nithya Subramanian | 01/07/2025

Authorities say many online scammers who’ve been arrested used to work for POGOs, which were banned in the Philippines last year.

Market Risk

EU FRTB Delay Raises Fresh Fears of APAC Disruption

By Blake Evans-Pritchard | 01/07/2025

Australia, Thailand, Malaysia and the Philippines may have to rethink their implementation roadmap.

Emerging Prudential Risks

Philippines Proposes to Expand Deposit Insurance Beyond Bank Deposits

By Editors | 30/06/2025

The PDICis proposing legislative reforms to cover more financial products, following a recent doubling of the deposit insurance limit.

Credit Risk

BSP Issues Updated Credit Data Reporting Guidelines for FIs

By Sanday Chongo Kabange | 20/06/2025

Banks and trust corporations are required to submit COCREE 2.0 monthly for reporting periods from 30 April 2025 onwards.

Model Risk

BSP Proposes Model Risk Management Guidelines for FIs

By Sanday Chongo Kabange | 20/06/2025

The BSP has proposed model risk management guidelines for financial institutions to enhance operational resilience and mitigate potential losses.

Fraud, Scams & Cybercrime

Philippines Launches Complaint Centre for Victims of Abusive Online Lenders

By Nithya Subramanian | 18/06/2025

The SEC also revoked the licences for 401 lending and financing companies, part of a wider crackdown on illegal and predatory lending practices.

Structural Regulation

Philippines: New Rural Bank Emerges from Four-Entity Merger

By Sanday Chongo Kabange | 18/06/2025

The BSP said Agribank has started operations, representing the combined entity following a merger of four agricultural rural banks.

Anti-Money Laundering

EU Commission Updates List of High-Risk Jurisdictions

By Manesh Samtani | 12/06/2025

Laos and Nepal were added, while the Philippines and the UAE were removed. The updated list takes into account the FATF’s work and its grey list.