Philippines: Unauthorised transactions and financial losses on mobile wallet applications and digital banks (Bill No. SRN 1236)
Progress
Current status
under deliberation
18 Nov 2024 under deliberation
Scope
Implementers
Philippines
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Introduced Unauthorized transactions and financial losses on mobile wallet applications and digital banks (Resolution No. SRN 1236)
On 18 November 2024, the Unauthorized transactions and financial losses on mobile wallet applications and digital banks (Resolution No. SRN 1236) was introduced at the Philippine Senate. The Resolution addresses unauthorised transactions, financial …
Event type
law
Action type
introduction
Government branch
legislature
Government body
parliament