Philippines: Data protection measure in the Guidelines for Adoption of Open Finance Framework
Progress
Current status
adopted
17 Jun 2021 adopted
Scope
Implementers
Philippines
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Adopted Open Finance Framework including data protection measure
The Open Finance Framework is adopted by the Central Bank of the Philippines. The framework aims to foster innovation, encourage competition, and advance financial inclusion while safeguarding the integrity and stability of the financial system. Ope…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank