Monday, January 19, 2026
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Tag: bank secrecy law

Romualdez seeks Bank Secrecy Law reforms to fight corruption, money crimes

Leyte 1st District Rep. Martin Romualdez has filed a measure to modernize the country’s Bank Secrecy Law, empowering regulators to better combat corruption, fraud,...

Marcos backs proposals to amend bank secrecy law

President Ferdinand "Bongbong" Marcos Jr. is supportive of the proposed measure to lift bank secrecy protections for government officials and employees, a move aimed...

Chiz renews push to lift bank secrecy

Senate President Francis “Chiz” G. Escudero has renewed his call for transparency in government by refiling a measure requiring all public officials and employees...

Bank exclusion bill

Rep. Arjo Atayde participates in a relief effort. The lawmaker recently filed a bill seeking to exclude government officials and employees from from the...

Transparent banking

Bangko Sentral ng Pilipinas Governor Felipe Medalla (center) says the central bank is looking into proposed amendments to the Bank Secrecy Law that will...

Ping: Planned purge to enhance, not disrupt, government

Presidential aspirant Senator Panfilo Lacson on Saturday said if elected, the state of public services will be enhanced and not disrupted after a massive...

SEC supports easing of bank secrecy law to combat crimes

The Securities and Exchange Commission said Thursday it supports the proposed easing of the bank secrecy law to reinforce the country’s fight against money...

AMLA, Bank Secrecy Law for overhaul

The Finance Department will work closely with Congress to speed up the approval of measures that would amend and plug the loopholes in the...

Bill excludes government men from Bank Secrecy Law

Government officials and employees who enrich themselves while in office will now have a harder time hiding their ill-gotten wealth, with a bill filed...

Bam seeks repeal of bank secrecy law

Repealing the bank secrecy law ensures an efficient and a reliable tax collection procedure in the country, according to Senator Bam Aquino, who noted...

House drug probers eye changes to law

THE House committee on justice, which investigated the proliferation of illegal drugs in the National Bilibid Prison, will recommend specific amendments to the Anti-Wiretapping...

Banking sector to get stronger

The banking sector is about to get stronger and become more transparent in fulfilling its role in economic development. The government recognizes the vital role...

Bank secrecy law repeal considered

THE Senate is headed toward relaxing or repealing the country’s law on bank secrecy as a step to counter terrorism and corruption, said Senator...

Anti-graft measures backed

The Department of Justice has supported the enactment into law of a measure extending the period covered by the anti-graft law, a move that...
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