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Philippines: Financial Products and Services Consumer Protection Act (Republic Act No. 11765)

Progress

Current status
in force
23 May 2023 in force
06 May 2022 adopted
02 Feb 2022 adopted

Scope

Implementers
Philippines
Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
legislature
Government Body
central government
parliament
Implementation Level
national

Timeline of events

23 May 2023
in force

Implemented Financial Products and Services Consumer Protection Act (Republic Act No. 11765)

On 23 May 2023, fifteen days after its publication in the Official Gazette, the Financial Products and Services Consumer Protection Act (Republic Act No. 11765) was implemented and came into effect. The Act regulates the offering of financial produc…

Source
Event type law
Action type implementation
Government branch executive
Government body central government
06 May 2022
adopted

Signed Financial Products and Services Consumer Protection Act (Republic Act No. 11765)

On 6 May 2022, the Financial Products and Services Consumer Protection Act (Republic Act No. 11765) was signed by the President of the Philippines. The Act regulates the offering of financial products and services within the Philippines. Specificall…

Source
Event type law
Action type signing
Government branch executive
Government body central government
02 Feb 2022
adopted

Adopted Financial Products and Services Consumer Protection Bill

On 2 February 2022, the Financial Products and Services Consumer Protection Bill was adopted by the House of Representatives of the Philippines. The Act would regulate the offering of financial products and services within the Philippines. Specifica…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament