May 2024 - NARP LAW | The Premier Law Firm in the Philippines

Fintech: Updated ML/TF/PF Risk Reporting and Notification Requirements

The Bangko Sentral ng Pilipinas (BSP) issued a circular amending the provisions of Section 911 of the Manual of Regulations for Banks (MORB) and Section 911-Q of the Manual of Regulations for…

May 24, 2024

Legally Speaking

Tech Update: BSP Sandbox Framework

The Bangko Sentral ng Pilipinas (BSP) issued a circular regarding the institutionalization of the Regulatory Sandbox Framework. It aims to promote a more active, evidence-based, and results-driven assessment of new…

May 16, 2024

Legally Speaking

BIR Revenue Regulations No. 4-2024 and the Ease of Paying Taxes (EOPT) Act

The Bureau of Internal Revenue (BIR) promulgated Revenue Regulations (RR) No. 4-2024 to implement Sections 22, 34, 51(A)(2)(e), 5l(B), 51(D), 56(A)(l), 58(A), 58(C), 58(E), 77, 81, 90, 91, 103, 114,…

May 13, 2024