Philippines: Adopted Financial Products and Services Consumer Protection Bill
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2022-02-02
adopted
2022-05-06
adopted