BSP eyes tighter liquidity, recovery rules for e-money issuers 

3 hours ago 1
Suniway Group of Companies Inc.

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is proposing tighter rules on electronic money (e-money) issuance to strengthen consumer protection, requiring nonbank companies like e-wallets to keep enough funds on hand to cover customer balances and have plans ready in case they run into financial trouble. The central bank is seeking input from
Read Entire Article