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Philippines Bangko Sentral ng Pilipinas (BSP)

Philippines · Financial regulator · ● Verified
Identity
NamePhilippines Bangko Sentral ng Pilipinas (BSP)
TypeFinancial regulator
AcronymBSP
DomainAI · Cyber
VerifiedVerified
Verified date4 May 2026
Source
Jurisdiction
Country/statePhilippines
ISOPH
RegionAsia Pacific
Instruments— (indexing pending)
Mandate

Central bank of the Philippines and primary regulator of banks and non-bank financial institutions. Governs use of AI/machine learning in financial services through BSP Circular No. 1153 (controlled testing in regulatory sandbox, risk identification, safeguards, supervisory oversight). Memoranda M-2023-013 (Guidance Paper on Transaction Monitoring Systems) and M-2024-029 (IT risk management under Section 6 of the Anti-Financial Account Scamming Act) extend supervisory expectations to automated and ML-driven detection systems. A draft amendment package on IT risk management remains in consultation.

Practical guidance

Per-authority guidance topic tiles indexing pending. Until wired, see the authority's website.
BSNP website ↗
Use the authority's website (top-right) for current guidance and circulars. The full Philippines instrument list is on the jurisdiction page.

Recent activity from BSNP

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Activity feed indexing pending · per-authority citation tracking comes online with Phase 2.D.