AI And The Finance Sector: What Will The BSP's AI Regulations Look Like?

Artificial intelligence(AI) has been described as a pivotal technology, a linchpin, a game changer — and all these descriptors seem particularly apt when it comes to the financial sector. From powering operational efficiencies to investment research to credit rating, AI is here and, unless we revert to putting our savings in a bedpost, is pretty much here to stay.

The Bangko Sentral ng Pilipinas (BSP) itself uses generative artificial intelligence in its policy work and has made known its desire to create a “robust and trustworthy AI ecosystem” for the Philippine financial industry. The institution, however, has noted in studies and reports on consultations that widespread AI use can trigger significant risks that need to be mitigated. In this regard, and since the earlier part of 2025, the BSP reportedly has been developing rules and standards for the use of AI, but these have not been issued at the time of writing.