BSP sets rules for digital financial marketplace activities
Source: BusinessWorld
Published on: 2026-06-19 04:15
THE BANGKO SENTRAL ng Pilipinas (BSP) has released guidelines covering banks' and electric money issuers' (EMIs) digital marketplace activities, paving the way for them to offer products on a single platform to make the financial sector more inclusive and customer-centric. Circular No. 1237 Series of 2026 signed by BSP Governor Eli M. Remolona, Jr. on June 16, outlines the rules for the adoption and participation of BSP-supervised financial institutions (BSFIs) in digital financial marketplaces or platforms. This will facilitate banks' and EMIs' offering of their own financial and nonfinancial products and services, as well as those from third-party providers, via their own online platforms to make these solutions more accessible. The framework also aims to ensure that risks related to these activities are adequately managed and that consumer interests are safeguarded. "The Bangko Se...
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