Risk Management

Key ISO 20022 alignment rules for retail payments: messaging data standards, transparency obligations, rulebook governance, and a two-year transition plan.

What’s new in the BSP regulatory relief policy: eligibility, availment windows, borrower relief, reporting duties, and operational flexibilities for calamity-affected banks.

Key updates on PERA UITF access to BSP securities, non-resident limits, reporting duties, and compliance steps for trust entities.

New BSP rules limit large cash payouts above PHP 500,000, require non-cash channels, and mandate enhanced due diligence and STR protocols.

MORB/MORNBFI updates add voluntary perpetual disqualification commitments and clarify watchlist and disqualification file procedures.

AFASA rules for disputed fund holds: triggers, timelines, coordinated verification, reporting, and transition periods for BSIs.

IT risk and fraud controls for EPFS: FMS requirements, transaction pause rules, customer protections, and CSO obligations under AFASA.

Updates to FX derivatives rules, electronic submission requirements, and reporting under the FX Manual and MORB.