Philippines: Implemented Financial Products and Services Consumer Protection Act (Republic Act No. 11765)
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
Hide details
2022-02-02
adopted
2022-05-06
adopted