Bangko Sentral ng Pilipinas

Fintech / Regtech

Philippines Moves to Cap Digital Reach of Rural Banks

By Mark Johnston | 16/02/2026

Accounts held by customers with registered addresses outside a rural bank's head office and branch locations will not be permitted to exceed 30 percent of total customer accounts.

AML / KYC

BSP Eases Large Cash Transaction Rules After Business Lobbying

By Sanday Chongo Kabange | 12/02/2026

The BSP has introduced risk-based flexibilities for due diligence on large cash withdrawals following concerns from businesses about operational disruptions.

Crypto / Digital Assets

Philippines Bans Banks From Dealing with Unregistered Crypto Firms

By Sanday Chongo Kabange | 03/02/2026

New rules prohibit dealings with unlicensed virtual asset service providers and restrict retail customer access to offshore platforms.

ESG / Sustainability

BSP Taps Space Agency to Integrate Satellite Data into Financial Supervision

By Mark Johnston | 03/02/2026

The BSP will use geospatial tools to monitor physical risk exposures, inflation drivers and disaster impacts on economic stability.

Fintech / Regtech

Philippines to Name Successful Digital Bank Applicants Within Q1

By Sanday Chongo Kabange | 29/01/2026

The BSP is reviewing applicants for four new licences, aiming to lower costs, streamline services, and enhance financial inclusion with fresh competition.

Fintech / Regtech

Philippines SEC Mulls Lifting Moratorium on New Online Lenders

By Sanday Chongo Kabange | 23/01/2026

The SEC is studying an end to its 2021 ban but plans to introduce higher capital requirements and other consumer protection measures.

Fintech / Regtech

Philippines Mandates Digital Submission for Banks' Regulatory Relief Reports

By Sanday Chongo Kabange | 23/01/2026

Banks availing of specific relief measures must now submit supplemental financial and capital adequacy reports via the central bank's PRIME platform.

ESG / Sustainability

Philippines Central Bank Extends Green Lending Incentives for Banks

By Sanday Chongo Kabange | 13/01/2026

The BSP has prolonged measures allowing higher lending limits and reserve exemptions for sustainable projects to support the country's climate transition.

Market Infrastructure

New BSP Paper Argues Against Demonetisation to Fight Crime

By Manesh Samtani | 31/12/2025

Discussion paper calls demonetisation a "blunt instrument" and urges broader institutional reforms to fight financial crime.