Regulations

Republic Acts (RA) and Implementing Rules and Regulations (IRR) of RAs.

R.A. No. Date Description

04 Apr An Act Instituting A Foreign Currency Deposit System In The Philippines, and For
R.A. 6426
1972 Other Purposes (as amended)
R.A. 3591,
as An act establishing the Philippine Deposit Insurance Corporation (PDIC Charter)
amended
02 Apr An Act Providing for the Creation, Organization and Operation of Rural Banks,
R.A. 7353
1992 and For Other Purposes
14 Jun
R.A. 7653 The New Central Bank Act
1993
18
An Act liberalizing the entry and scope of operations of foreign banks in the
R.A. 7721 May
Philippines and for other purposes
1994
23 Feb An Act providing for the regulation of the organization and operation of Thrift
R.A. 7906
1995 Banks, and for other purposes
An Act liberalizing the Philippine investment house industry, amending certain
21 Oct
R.A. 8366 sections of Presidential Decree No. 129, as amended, otherwise known as "The
1997
Investment Houses Law"
21 Oct
R.A. 8367 Revised Non-Stock Savings and Loan Association Act of 1997
1997
26 Feb An Act amending R.A. 5980, as amended, otherwise known as the Financing
R.A. 8556
1998 Company Act
General Banking Law of 2000, an act providing for the regulation of the
12 Apr
R.A. 8791 organization and operations of banks, quasi-banks, trust entities and for other
2000
purposes
29 Sep
R.A. 9160 Anti-Money Laundering Act of 2001
2001
13 Nov An Act to promote the establishment of Barangay Micro Business Enterprises
R.A. 9178
2002 (BMBEs), providing incentives and benefits therefor, and for other purposes
An act granting tax exemptions and fee privileges to special purpose vehicles
18 Dec
R.A. 9182 which acquire or invest in non-performing assets, setting the regulatory
2002
framework therefore, and for other purposes
R.A. 9182 19 Mar
Implementing Rules and Regulations of R.A. 9182
IRR 2003
07 Mar An act amending Republic Act No. 9160, otherwise known as the "Anti-Money
R.A. 9194
2003 Laundering Act of 2001"
R.A. 9194 06 Aug
Implementing Rules and Regulations of R.A. 9194
IRR 2003
 An Act amending certain sections of the National Internal Revenue Code of 1997,
as amended, by excluding several services from the coverage of the value-added
5 Feb
R.A. 9238 tax and re-imposing the gross receipts tax on banks and non-bank financial
2004
intermediaries performing quasi-banking functions and other non-bank financial
intermediaries beginning January 01, 2004
An Act restoring the tax exemption of OBUs and FCDUs, amending for the
28 Apr
R.A. 9294 purpose Section 27 (D) and Section 28, Paragraphs (A) (4) and (A) (7) (b) of the
2004
National Internal Revenue Code as amended.
22 Aug An Act Establishing a Provident Personal Savings Plan, known as the Personal
R.A. 9505
2008 Equity and Retirement Account (PERA)
R.A. 9505 21 Oct
Implementing Rules and Regulations of R.A. 9505
IRR 2009
R.A. 23 Feb An Act Providing for an Agriculture and Agrarian Reform Credit and Financing
10000 2010 System Through Banking Institutions
R.A. 14 Jul
Implementing Rules and Regulations of R.A. 10000
10000 IRR 2011
An Act to Further Strengthen the Anti-Money Laundering Law, Amending for the
R.A. 18 Jun
Purpose Sections 10 and 11 of Republic Act No. 9160, Otherwise Known as the
10167 2012
"Anti-Money Laundering Act of 2001", as Amended, and for Other Purposes
R.A. 18 Jun An Act Defining the Crime of Financing of Terrorism, Providing Penalties Therefor
10168 2012 and for Other Purposes
24
R.A.
May An Act Allowing the Infusion of Foreign Equity in the Capital of Rural Banks
10574
2013
R.A. 15 July An Act allowing the full entry of foreign banks in the Philippines, amending for the
10641 2015 purpose Republic Act No. 7721
R.A. 30 Oct
The National Payment Systems Act
11127 2018
R.A. 14 Feb An Act Amending Republic Act Number 7653, Otherwise Known As "The New
11211 2019 Central Bank Act", And for the Purposes

Presidential Decrees (PDs)

P.D. No. Date Description

29 Jan
P.D. 114 Regulating the establishment and operation of pawnshops
1973
15 Feb Governing the establishment, operation and regulation of Investment
P.D. 129
1973 Houses
Batas 01 Apr An Act Amending PD 129 Presidential Decree No. 129, As Amended,
Pambansa 66 1980 Otherwise Known as "The Investment Houses Law"
30 Sep Authorizing the establishment of an offshore banking system in the
P.D. 1034
1976 Philippines
30 Sep Expanding the Authority of Certain Depository Banks Under R.A. No.
P.D. 1035
1976 6426 and for Other Purposes
21 Nov Further Amending Certain Provisions of Republic Act Numbered 6426,
P.D. 1246
1977 as Amended by Presidential Decree Numbered 1035
 11 Jun Further Amending Republic Act No. 6426, as Amended, Otherwise
P. D. 1453
1978 known as the Foreign Currency Deposit Act of the Philippines
06 Jan Amending furhter Presidential Decree No. 129, as amended, otherwise
P.D. 1797
1981 known as “The Investment Houses Law.”

Frequently Asked Questions (FAQ) on BSP Issuances

Issuance Description
BSP Circ. Amendments to Relevant Provisions of the Manual of Regulations for Banks
858 Implementing Republic Act No. 10641
BSP Circ. Guidelines on Sound Credit Risk Management Practices; Amendments to the Manual of
855 Regulations for Banks and Non-Bank Financial Institutions
BSP Circ.
Mandatory Agri-Agra Credit Under RA No. 10000
736
BSP Circ.
True and Transparent Loan Pricing and Disclosure
730
Frequently Asked Questions on M-2012-034 dated 13 July 2012 on the prohibition
BSP M-
against non-residents from investing in the Special Deposit Account (SDA) facility of the
2012-034
BSP

PADRIGO, ERIKA JANE R. BSBA – FIN MAN BA I JUNE 18, 2019