Philippines

Capital Adequacy

Philippines Suspends Mount Peak Securities Over Capital Violations

By Editors | 18/08/2025

The brokerage is the second to be suspended this year, with CMIC citing grave violations of securities laws and imposing strict trading prohibitions.

Fraud, Scams & Cybercrime

BSP Orders Removal of Gambling Links from Banking Apps

By Sanday Chongo Kabange | 15/08/2025

The BSP has given financial institutions 48 hours to remove access to gambling sites from their mobile apps.

Reporting & Disclosures

SEC Philippines, UNICEF Urge PLCs to Embed Children’s Rights in Sustainability Plans

By Nithya Subramanian | 14/08/2025

A joint study found children’s rights largely missing from the sustainability reports of over 80 listed Philippine firms, urging stronger integration into governance and risk disclosures.

Credit Risk

Philippines Launches New Web-Based SME Credit Risk Platform

By Sanday Chongo Kabange | 12/08/2025

The BSP says the new web-based system aims to improve loan assessment and reduce collateral dependence using anonymised statistical data.

Structural Regulation

SEC Philippines Scraps 50-Year-Old Share Classification Rule

By Editors | 11/08/2025

The SEC has ordered an end to the Class A and B share system, citing technological advances and market inefficiencies.

KYC & CDD

BSP to Impose Biometric Checks, Daily Caps on Gambling Payments

By Editors | 09/08/2025

New rules will require banks and e-wallets to implement stricter identity verification, transaction limits, and other controls to mitigate gambling-related financial harm.

Cryptocurrency

Philippine SEC Issues Alert on Unregistered Crypto Platforms

By Nithya Subramanian | 06/08/2025

The Philippine SEC plans to take legal action against unregistered crypto platforms targeting Filipinos, citing risks of fraud, identity theft and money laundering.

Fraud, Scams & Cybercrime

Philippine Lawmaker Calls for Tighter Oversight of Digital Lending Apps

By Sanday Chongo Kabange | 04/08/2025

A senior senator has called for stricter regulation of digital financial platforms, citing their links to a surge in online gambling and cybercrime.

Structural Regulation

Philippines SEC Proposes Easing REIT Rules to Spur Listings

By Editors | 04/08/2025

The SEC is drafting changes to give REITs more flexibility, including a longer period to reinvest proceeds and the ability to repay debt.