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House Moves to Promote Safe, Efficient and Reliable Operation of Payment Systems – MACAPAGAL-ARROYO

  The House of Representatives has approved on second reading House Bill 5000 seeking to grant the Bangko Sentral ng Pilipinas (BSP) with regulatory and supervisory powers over the country‚Äôs payment systems. The bill aims to promote safe, efficient and reliable operation of payment systems to control systemic risk and provide an environment conducive to […]