Asian Banking & Finance on MSN
Philippine central bank revises payments framework to protect consumers
Banks and e-wallets must justify charges under the updated rules. The Bangko Sentral ng Pilipinas (BSP) has amended its ...
Since mid-2023, banks in the Philippines have been operating under BSP’s FRP v15, a major shift toward API-based regulatory reporting. The transition replaces manual submissions with an XML-based ...
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