The spread of misinformation has been feared following the game-changing decision by Meta founder and chief executive officer Mark Zuckerberg early this month to do away with the use of third-party ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) proposed tighter regulations that banks and nonbanks must follow to ramp up consumer protection against fraud and other financial ...

AS online fraud reaches unprecedented levels, Filipinos are reminded to stay vigilant and strengthen their digital security—a ...

It covers several aspects such as account onboarding, financial education, consumer protection, as well as advocacy, policy and regulatory support. According to BSP Deputy Governor Bernadette ...

The Bangko Sentral ng Pilipinas (BSP) proposed tighter regulations that banks and nonbanks must follow to ramp up consumer protection ... financial cybercrimes. READ: BSP sharpens framework ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has released guidelines ... which implements the regulatory framework for merchant payment acceptance activities. Meanwhile, banks and electronic money ...

The Insurance Commission also received an unmodified opinion, the highest rating, for its 2023 financial statements from the Commission ... reinforce stricter regulatory measures and ensure consumer ...

(Image: New York Times) In a significant move for the digital financial sector ... areas such as market structure, oversight, consumer protection, and risk management in the digital asset space.

Consumer protection remains a central focus of the initiative. The SECP’s newly introduced consumer protection framework emphasizes ... are intended to promote financial inclusion, protect ...

They also cite the Consumer Code of Practice Regulations 2007 and the Consumer Protection Framework 2016, which mandate financial institutions to safeguard consumer interests and ensure service ...