Let’s join hands together to promote the healthy development of FinTech. To conclude, I wish this event a great success. And wish you all good health. Thank you! 3/3  BIS central bankers' speeches
These liberalized rediscounting guidelines, together with the requirement under the Electronic Commerce Act of 2000 for government offices to integrate electronic data documents and processes in their transactions, provided the basis for the development of the e-Rediscounting System. The preparatory work for the paperless rediscounting scheme began in March 2006, with the issuance of BSP Circular No. 515.