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🌍
Jurisdiction
Philippines
📅
Effective Date
2025
Jan 1, 2025
✅
Full Compliance
2027
Jan 1, 2027
🏛️
Regulator
Bangko Sentral ng Pilipinas
Overview
The Bangko Sentral ng Pilipinas is developing an Open Finance framework covering banks, e-money issuers, and expanding to insurance. It will build on existing digital payment infrastructure.
Scope & Coverage
BankingE-MoneyInsurance
Key Requirements
1
API standardization2
E-money issuer inclusion3
Consumer consent4
Financial inclusion focusKey Notes
Focus on financial inclusion. Building on GCash and Maya ecosystem success.
Official Resources
Related Regulations
Other open banking frameworks in Asia:
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