Since 2013, growth in part-time employment has averaged 3 per cent per year, while growth in full-time employment has averaged less than 1 per cent. Graph 2  This shift in working patterns reflects both supply and demand factors.
Money service businesses and remittance agents are also now covered by enhanced regulations for anti-money laundering, risk management and consumer protection. We recognize that with digital developments, technology-related risks have and are increasing. In 2017, the BSP issued various prudential guidelines enhancing information security management, as well as anti-money laundering/combating the financing of terrorism (AML/CFT) concerns related with the use of fintech.