Philippines

Structural Regulation

BSP Delays Rollout of FX Reporting System to Mid 2026

By Nithya Subramanian | 22/05/2025

Full implementation of the new ITRS has been deferred to allow time to “address emerging technical and report-related concerns”

Fraud, Scams & Cybercrime

Philippines Convenes First Meeting of New Anti-Scams Group

By Sanday Chongo Kabange | 18/05/2025

The ASTIG will enhance public awareness campaigns, foster stronger inter-agency cooperation, and empower local officials to better protect their communities

Sustainable Finance

Philippines Unveils $4.5m Initiative to Drive Nature-Based Enterprise Growth

By Mark Johnston | 16/05/2025

The programme includes the establishment of a climate finance lab and climate data platforms for research in Nature-Based Solutions finance.

Anti-Money Laundering

Philippines AMLC Probes Alleged ML of Murdered Billionaire’s Ransom

By Nithya Subramanian | 16/05/2025

Authorities are investigating how PHP 200 million in ransom paid for kidnapped businessman Anson Que was laundered through casino junkets, e-wallets, and crypto.

Capital Adequacy

BSP Seeks to Boost Islamic Banking with Relaxed Regulations

By Editors | 14/05/2025

BSP proposes adjustments to capitalisation requirements and reporting procedures to spur growth in the Islamic banking sector

Fraud, Scams & Cybercrime

Philippine Stock Exchange Signs Legal Aid Pact with Bar Association

By Sanday Chongo Kabange | 07/05/2025

Under the agreement, stock market investors can receive free legal assistance to address harms such as those caused by securities fraud.

Structural Regulation

Philippines to End A/B Classification of Listed Company Shares

By Editors | 03/05/2025

Industry says phasing out the A/B share classification structure will make it simpler for investors and improve liquidity, while removing a source of arbitrage

Payments & Settlements

BSP Issues Draft Circular on Adoption of ISO 20022 Standard

By Sanday Chongo Kabange | 29/04/2025

The BSP says all participants of payment systems must adopt the ISO 20022 messaging standard for each specific business function.

Trading & Investment

BSP Broadens Access to Foreign Exchange Hedging Instruments

By Sanday Chongo Kabange | 28/04/2025

The BSP has implemented reforms to broaden Filipinos’ access to hedging instruments involving the Philippine peso