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The Bangko Sentral ng Pilipinas (BSP) wants to resolve disputes involving amounts of up to P10 million as contained under the first draft of the proposed guidelines for the implementation of the Financial Consumer Protection Act of 2022 (FCPA). The significance of the pro-consumer law, besides BSP
A Q&A guide to the regulation of insurance and reinsurance in South Korea, covering company formation and licensing, regulatory agencies and examinations, investment rules, reinsurance agreements and much more.
The implementation of the Financial Consumer Protection Act (FCPA) will improve and strengthen the public especially financial consumers’ trust and confidence in the financial sector, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. “The FCPA’s enactment will bolste