Philippines

Data Privacy

Hogan Lovells Releases APAC Data Protection, Cyber Security Guide

By Manesh Samtani | 16/04/2019

The guide offers a look at the key data protection and cyber security developments of 2018, expectations for the year ahead, and guidance for effective compliance.

Payments & Settlements

ASEAN Pushes for Cross-Border Settlement in Local Currencies

By Editors | 08/04/2019

ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.

Anti-Money Laundering

Artificial Intelligence – the Ultimate Weapon to Fight Financial Crime

By Karl Seagrave | 03/04/2019

Getting buy-in from senior management is one of the biggest hurdles to adopting AI in the fight against financial crime, says Fenergo’s Karl Seagrave.

KYC & CDD

Philippines to Launch Digital Banking ID Registry This Year

By Editors | 31/03/2019

The blockchain powered ID registry will enable electronic KYC and make it easier for clients to access banking services.

Structural Regulation

Malaysia Seeks Licensing Regime for Virtual Banks by Year-End

By Editors | 29/03/2019

Though discussions are still in the preliminary stages, Malaysia’s central bank is looking to publish its requirements for virtual bank licences by the end of the year.

Sustainable Finance

ACMF Advances Efforts on Sustainable Finance, Regional Connectivity

By Editors | 20/03/2019

The ASEAN Capital Markets Forum has endorsed a roadmap for promoting sustainable investment and launched a framework for cross-border publication of research.

Cloud & Infrastructure

Philippines Fintech Push Makes it a Compelling Market to Watch

By Philip Keller | 19/03/2019

Industry veteran Philip Keller explores the approach taken by regulators in the Philippines to encourage fintech innovation and financial sector digitalisation.

Fraud, Scams & Cybercrime

Philippines’ RCBC Sues Bangladesh Bank for Defamation

By Editors | 15/03/2019

In the latest twist in the Bangladesh Bank cyber heist saga, Philippine lender Rizal Commercial Banking Corp has filed a defamation suit against Bangladesh’s central bank.

Liquidity Risk

Philippines Extends Compliance Deadline for LCR, NSFR

By Editors | 11/03/2019

The BSP has given subsidiary banks and quasi-banks an extra year to meet the 100% LCR and NSFR requirements.