Benjamin E Diokno: Keynote speech – 2nd Philippines-Singapore Business and Investment Summit Keynote speech by Mr Benjamin E Diokno, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at the 2nd Philippines-Singapore Business and Investment Summit; Manila 25 March 2021.
Although Congress has given the Board authority to regulate the check system and other aspects of the payments system, we do not believe that this authority is sufficiently broad to enable us to adopt regulations that accomplish the purposes of the act.