NATIONAL PRIVACY COMMISSION

    image

    AML / KYC

    Philippine Agencies Sign Data Sharing Deal on Beneficial Ownership

    By Editors | 22/03/2023

    The agreement will allow the SEC to give competent authorities timely access to beneficial ownership information, in line with the FATF recommendations.

    Fintech / Regtech

    Philippine Privacy Watchdog Warns Against Misusing Borrower Data

    By Sanday Chongo Kabange | 23/10/2020

    Some online lenders are using illegally obtained personal data to shame or harass borrowers when they failed to meet their obligations.

    Enforcement

    Philippines Moves to End Abusive Practices by Fintech Lenders

    By Editors | 18/09/2019

    A code of ethics and code of conduct have been adopted by members of FinTechAlliance.ph prohibiting the harassment and shaming of delinquent borrowers.

    Fintech / Regtech

    Philippines: Online Lenders to Adopt Code of Conduct

    By Editors | 08/06/2019

    The pledge comes after 48 online lenders were cited for using customers’ personal data to publicly shame people who did not settle their debts on time.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team