Bangko Sentral ng Pilipinas

Fintech / Regtech

Asian Central Banks to Jointly Establish Multilateral Payments Scheme

By Manesh Samtani | 07/04/2025

RBI, BNM, BSP, MAS and BOT aim to make the Nexus platform a scalable multilateral model for connecting instant payment systems globally.

BSP Directs FIs to Monitor for Election Fraud Red Flags

By Sanday Chongo Kabange | 27/03/2025

Red flags include a surge in account registrations in areas known for vote buying/selling and large cash transactions during the election period.

ESG / Sustainability

APAC’s Evolving Climate Regulations Are Reshaping Business Strategy

By Catherine Bell | 25/03/2025

In APAC, climate reporting is not just a compliance obligation; it is a strategic tool driving long-term resilience, writes Catherine Bell.

Securities / Derivatives

BSP Proposes to Revise Rules on Peso NDFs and Swaps

By Sanday Chongo Kabange | 21/03/2025

The BSP wants banks to limit Peso NDF, NDS and NDCCS exposures to mitigate any potential build-up of systemic risks.

Fintech / Regtech

BSP to Issue Draft Rules on Managing AI Risks Within H1 2025

By Sanday Chongo Kabange | 12/03/2025

The BSP’s new regulations on AI risk management in the financial sector are set to be released within the first half of this year.

Capital / Liquidity

BSP Drafts Rules on Voluntary Bank Licence Surrender

By Sanday Chongo Kabange | 11/03/2025

Banks wishing to give up their banking licence need prior BSP approval and must have sufficient liquid assets to repay liabilities

Market Infrastructure

Philippine Fund Managers Step Closer to Bond Repos

By Mark Johnston | 10/03/2025

Fund managers in the Philippines are a step closer to being able to participate in government securities repo transactions.

AML / KYC

Philippine Lawmaker Proposes Bill to Establish Anti-Scam Centre

By Sanday Chongo Kabange | 27/02/2025

Senator Mark Villar said the proposed “Philippine Scam Prevention Center” will complement the recently enacted AFASA law.

Market Infrastructure

BSP Issues Guidance on Handling New Banknotes

By Sanday Chongo Kabange | 26/02/2025

The BSP also directed banks to facilitate the removal of damaged banknotes and coins from circulation.