Philippines

Structural Regulation

Philippines to Reopen Online Lending Market, Slashes Rate Cap

By Sanday Chongo Kabange | 04/03/2026

The SEC will end a three-year ban on new online lenders from 1 April, aiming to boost competition and enhance credit data infrastructure.

Trading & Investment

Philippines SEC Sets Out Regulatory Framework for Sukuk Issuance

By Sanday Chongo Kabange | 04/03/2026

The new framework details requirements for Shari'ah governance, issuer registration, disclosure, and continuing obligations to develop the country's Islamic capital market.

Data Privacy

Philippines Proposes Open Finance Law to Widen Credit Access

By Sanday Chongo Kabange | 03/03/2026

Proposed law aims to create a consent-based data framework to improve financial inclusion, with a key focus on the education sector.

Sustainable Finance

Philippines SEC Pushes ASEAN for Sustainable Finance Implementation

By Manesh Samtani | 02/03/2026

As 2026 ASEAN Capital Markets Forum chair, the regulator is spearheading a shift from framework development to creating tangible market impact.

Cybersecurity

BSP to Mandate Annual Cybersecurity Self-Assessments for Banks

By Sanday Chongo Kabange | 27/02/2026

New rules will require financial institutions to measure their cyber maturity against a new framework and report annually to the BSP.

Liquidity Risk

Philippines Proposes Overhaul of Regulations for Electronic Money Issuers

By Sanday Chongo Kabange | 27/02/2026

Draft rules introduce strict liquidity requirements and recovery plans for e-money issuers, and powers allowing BSP to take control of firms in distress.

Supervision & Enforcement

Philippines SEC Revamps Procedural Rules to Speed Up Case Adjudication

By Sanday Chongo Kabange | 27/02/2026

The SEC has replaced its 2016 rulebook, introducing streamlined processes and a greater emphasis on electronic case management.

Structural Regulation

Philippines Adopts Tiered Public Float Rule to Bolster Listings

By Sanday Chongo Kabange | 27/02/2026

The SEC has introduced a new framework linking minimum public ownership to market capitalisation to encourage more IPOs.

Payments & Settlements

Philippines Tables Bill to Mandate Digital Payments for Government and Merchants

By Sanday Chongo Kabange | 26/02/2026

A sweeping bill advancing in the Philippine legislature seeks to mandate digital payments for both government and merchant transactions, creating a new multi-agency oversight body.