This will help ensure that clients are accorded with the same degree of due diligence regardless of their choice of trustee. The third involves guidelines on the performance measurement of UITFs. This covers the BSP’s expectations on the selection of benchmarks for UITFs, based on the principles of fair representation and full disclosure.
We believe that financial digitalization accelerates income growth and democratizes access to more affordable financial products and services. We have also embraced digital transformation in our internal strategy, highlighting our commitment to being an agile, resilient, and proactive organization.