BSP looks to implement consumer protection supervisory framework

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to implement a framework to assess and monitor the risks posed by its supervised entities’ operations to consumers. The proposed Financial Consumer Protection and Market Conduct (FCPMC) framework will be the central bank’s “risk-based supervisory approach for assessing a Bangko Sentral Supervised Institution’s (BSI) business conduct and […]

BSP looks to implement consumer protection supervisory framework
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to implement a framework to assess and monitor the risks posed by its supervised entities’ operations to consumers. The proposed Financial Consumer Protection and Market Conduct (FCPMC) framework will be the central bank’s “risk-based supervisory approach for assessing a Bangko Sentral Supervised Institution’s (BSI) business conduct and […]