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Dec 16 2020 
BSP proposes self-governing open finance body
The Bangko Sentral ng Pilipinas (BSP) is proposing the creation of an Open Finance Oversight Committee (OFOC), an industry-led self-governing body, as part of the country’s open finance framework.
Based on the draft circular on open finance, the BSP said the OFOC which it will oversee, will set its own standards and procedures and promote “non-discriminatory…
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Dec 16 2020 
Plans for the Launch of Philippines Fintech Sandbox Are Underway
The two Philippines fintech groups, Fintech Alliance.PH and Fintech Philippines Association, announce plans to collaborate on the launch of the Philippines Fintech Industry Sandbox which is supported by the UK Prosperity Fund ASEAN Economic Reform Programme (ASEAN ERP). The initiative was announced during the World Fintech Festival which is a satellite event at the Singapore Fintech Festival 2020.
The…
