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Sep 17 2025 
Accountability by design
Corruption has long been an unwelcome constant in the country. Billions of pesos that should be building classrooms, improving hospitals, or upgrading public infrastructure are instead lost to leakages, inefficiencies and outright fraud. Every peso lost is a meal a child cannot eat, a road left unpaved, or a family pushed deeper into poverty.
Despite repeated…
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Sep 17 2025 
FinTech Alliance PH Supports BSP’s First Use of AFASA in Corruption Probe
The FinTech Alliance Philippines has expressed strong support for the Bangko Sentral ng Pilipinas (BSP) as it uses the Anti-Financial Account Scamming Act (RA 12010) for the first time in its investigation of individuals involved in the country’s flood-control corruption scandal.
The BSP’s probe targets money muling activities criminalized under AFASA, such as the use of…
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Sep 17 2025 
Rural Bank of Sta. Rosa is Now Salmon Bank After BSP Approval
The Bangko Sentral ng Pilipinas (BSP) has authorised the corporate name change for the Rural Bank of Sta. Rosa (Laguna) Inc.
The Rural Bank of Sta. Rosa will now operate under the name Salmon Bank (Rural Bank).
According to BSP Circular Letter CL No. 2025-039, which was made public on September 12, the central bank authorised the…
