BSP Now Has the Power to Investigate Financial Accounts — What You Need to Know

The Bangko Sentral ng Pilipinas (BSP) has been granted expanded authority to access and share financial account information without violating bank secrecy or data privacy laws. This move is part of the Anti-Financial Account Scamming Act (AFASA), aimed at combating financial scams like phishing, money muling, and social engineering schemes. What Does This Mean for […]