BSP creates Payments and Currency Management Sector, names new deputy governor

The Bangko Sentral ng Pilipinas (BSP) has recently established the Payments and Currency Management Sector (PCMS) which is tasked to

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SEC releases draft implementing rules of FIST Act

The Securities and Exchange Commission (SEC) has released the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523,

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BSP allows lower minimum opening amount for investment management activities

The Monetary Board (MB) approved the reduction of the minimum account opening amount for investment management activities from P1 million

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BSP Establishes Guidelines on Virtual Asset Service Providers

The Monetary Board (MB) approved the guidelines on virtual asset service providers (VASP), or entities that facilitate financial services through

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