Bangko Sentral ng Pilipinas

AML / KYC

BSP Issues Draft Reporting Rules for Trust Entities

By Sanday Chongo Kabange | 22/05/2025

Trust entities will have to report additional details on their fiduciary and investment management activities, including data on client risk profiles.

Fintech / Regtech

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”

AML / KYC

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

AML / KYC

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 / Liquidity

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

Market Infrastructure

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.

Market Infrastructure

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

BSP, IFC to Develop Movable Asset Financing in Philippines

By Sanday Chongo Kabange | 22/04/2025

The BSP and the IFC will collaborate to develop Philippines’ movable finance market and improve credit access for MSMEs.

Fintech / Regtech

Evolving Indian Regulations: Future-Proofing the Banking Regulatory Ecosystem

By Manesh Samtani | 10/04/2025

Insights from a Nasdaq-led discussion, moderated by Regulation Asia, discussing regulatory change, the reporting ecosystem, data management practices, and related technology.