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By: Business Word
Source: businessword
THE BANGKO SENTRAL ng Pilipinas (BSP) has set liquidity and capital requirements for e-money issuers (EMIs) based on the scale of their operations to help ensure the industry’s resilience and protect customers amid increased technology risks.
BSP Circular No. 1166 dated Feb. 7 and signed by BSP Governor Felipe M. Medalla amends the…