Philippines: Introduced Unauthorized transactions and financial losses on mobile wallet applications and digital banks (Resolution No. SRN 1236)
Description
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 …
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament