The BSP has also provided guidelines on BSP-supervised financial institutions to ensure that risks resulting from usage of social media are adequately assessed and managed. Lastly, the BSP is enhancing its information security framework to consider cybersecurity controls. While the term, “Financial Infrastructure” refers broadly to a system that allows for the effective operation of financial intermediaries, encompassing even the legal and regulatory framework...
I would like to think of FINfrastructure as one that addresses the very heart of why infrastructure exists: to connect people, to enable inclusion and to provide a network for more Filipinos to enjoy the benefits of economic progress and development. Leveraging on Fintech fosters Inclusion The BSP is committed to promoting financial inclusion.