All posts tagged "NPSA"
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295Asia-PacificBSP Designates RTGS System as Systemically Important
The BSP was granted authority to designate systemically important payment systems under the National Payment Systems Act, which was signed into law in 2018.
August 23, 2021 -
491Asia-PacificBSP Consults on Draft Policies to Strengthen Payment Systems
The first draft policy covers governance policies for payment system operators. The second covers the local adoption of the PFMI for designated payment systems.
January 3, 2021 -
1.0KAsia-Pacific
BSP Approves New Payment System Oversight Framework
The BSP will be empowered to designate a payment system as systemically important, and replace its operator for a failure to satisfy regulatory obligations.
July 3, 2020 -
735Asia-PacificBSP Streamlines Rules for Payment System Operators
The Philippine central bank has simplified the registration process for payment system operators, and created a new consolidated manual of regulations to facilitate compliance.
October 3, 2019 -
767Asia-Pacific
BSP Issues Draft Rules for Implementing National Payment Systems Act
The Philippine central bank has issued a draft circular to support its new mandate as the primary regulator for the country’s payment systems.
April 26, 2019
