The Bangko Sentral ng Pilipinas (BSP) released on 17 September 2021 BSP Circular No. 1127, adopting the governance policy for operators of payment system (OPS).

The Circular took effect on January 1, 2023. It increased the penalties imposed under the 2019 Circular and imposed additional non-financial penalties.

This bulletin was prepared by SyCipLaw?s Corporate Services Department. Marietta A. Tibayan, Bhong Paulo A. Macasaet, and Alithea C. Soriano assisted in the preparation of this bulletin.

On September 14, 2022, the BSP issued Memorandum Circular No. 1154, Series of 2022 entitled "Prudential Requirements Applicable to Digital Banks, and Amendments to Relevant Provisions...

The Philippine Stock Exchange (PSE) issued Memorandum CN-No. 2020-0104, dated December 21, 2020, on the amendments to its Voluntary Delisting Rules.

This is a bulletin on Securities and Exchange Commission Memorandum Circular No. 01, series of 2021, entitled "Guidelines in Preventing the Misuse of Corporations for Illicit Activities through Measures Designed to Promote ...