BSP Raises Capital Buffers for Banks to Combat Cyber Risks
Bangko Sentral ng Pilipinas (BSP) has issued a new set of risk‑based capital rules that will take effect in 2027, a significant update to the country’s prudential framework in recent years. Outlined in BSP Circular No. 1241, s. 2026, the new rules respond to a rapidly evolving threat landscape where cyberattacks, operational disruptions, and digital […]
Coins.ph Illegal Gambling Allegations, Implications
Coins.ph is the Philippines’ largest cryptocurrency exchange platform. Recently, it faced allegations that its operations had been tied with illegal offshore gambling activities—where it is alleged that it served said activities. Coins.ph replied that it had not knowingly served these activities. Policies Require Institutions to Police Transactions Under the Manual of Regulations for Non-Banking Financial […]