Bangko Sentral ng Pilipinas

Capital / Liquidity

Philippines Proposes Overhaul of Regulations for Electronic Money Issuers

By Sanday Chongo Kabange | 27/02/2026

Draft rules introduce strict liquidity requirements and recovery plans for e-money issuers, and powers allowing BSP to take control of firms in distress.

Fintech / Regtech

Philippines Tables Bill to Mandate Digital Payments for Government and Merchants

By Sanday Chongo Kabange | 26/02/2026

A sweeping bill advancing in the Philippine legislature seeks to mandate digital payments for both government and merchant transactions, creating a new multi-agency oversight body.

Fintech / Regtech

Philippines Partners with UAE on Islamic Finance, Cross-Border Payments

By Sanday Chongo Kabange | 25/02/2026

The agreement aims to modernise payment systems and strengthen regulatory collaboration, with a focus on improving remittance channels for overseas workers.

AML / KYC

BSP Inks Info-Sharing Agreements with Other Agencies to Combat Scams

By Sanday Chongo Kabange | 23/02/2026

The agreements, based on the new Anti-Financial Account Scamming Act, aim to speed up investigations while upholding existing bank secrecy safeguards.

Capital / Liquidity

Philippines Central Bank to Cut Reserve Ratios, Overhaul Reporting

By Sanday Chongo Kabange | 16/02/2026

New rules effective 27 February will reduce reserve requirements on certain liabilities and consolidate multiple reports into a single weekly submission for banks and quasi-banks.

Fintech / Regtech

Philippines Moves to Cap Digital Reach of Rural Banks

By Mark Johnston | 16/02/2026

Accounts held by customers with registered addresses outside a rural bank's head office and branch locations will not be permitted to exceed 30 percent of total customer accounts.

AML / KYC

BSP Eases Large Cash Transaction Rules After Business Lobbying

By Sanday Chongo Kabange | 12/02/2026

The BSP has introduced risk-based flexibilities for due diligence on large cash withdrawals following concerns from businesses about operational disruptions.

Crypto / Digital Assets

Philippines Bans Banks From Dealing with Unregistered Crypto Firms

By Sanday Chongo Kabange | 03/02/2026

New rules prohibit dealings with unlicensed virtual asset service providers and restrict retail customer access to offshore platforms.

ESG / Sustainability

BSP Taps Space Agency to Integrate Satellite Data into Financial Supervision

By Mark Johnston | 03/02/2026

The BSP will use geospatial tools to monitor physical risk exposures, inflation drivers and disaster impacts on economic stability.