This follows Monetary Board Resolution 1368, which approved amendments to Section 621 of the Manual of Regulations for Payment Systems (MORPS).
"Depending on the gravity of the offense committed by a participant, the BSP may impose penalties and sanctions," the central bank said.
"This may include fines, suspension of the participant's privilege to avail themselves the intraday settlement facility and suspension or termination of the participant's access to the Peso RTGS payment system. Repeat offenders shall be meted with stiffer penalties and sanctions," it said.
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Denne historien er fra December 17, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
THE NEW YOU BEFORE CHRISTMAS!
While we’re immersed in this season of gift-giving, what’s the best gift we can give to ourselves?
FROM HITS TO HEALTH: HOW LIZZO LOST 60 POUNDS
Grammy-winning artist Lizzo has always been the poster girl of body positivity for years, but have you seen her lately? She has been sharing on social media how she lost 60 pounds in five months!
Tips for keeping stress and anxiety down during the holidays
The holidays are finally here, which means traveling to a picturesque destination and going back home to spend time with our loved ones.
HOW TO MANAGE TYPE 1 DIABETES IN CHILDREN
As parents , we know that toddlers and kids sleep, play and drink a lot. But if your child is suddenly drowsier than usual, is frequently thirsty, gets tired easily and loses weight drastically, these could be symptoms of type 1 diabetes (T1D). Sadly, these are easily overlooked by parents.
BUTCHER BOY OPENS IN MANILA
Michelin-starred, Singapore-based chef Andrew Walsh brings his acclaimed concept Butcher Boy to Manila!
Hail, Mary!
Mary, now streaming on Netflix ,isstirring the cauldron of faith, while also firing up admiration for facets of Mary that shone in the movie.
Love songs for Christmas
A soldier in the battlefield longing to be home for Christmas inspired the great composer Irving Berlin to write White Christmas in 1942.
MMFF 2024 ENTRY 'TOPAKK' AIMS TO BREAK THE SILENCE ON PTSD
Julia Montes said yes to the 2024 Metro Manila Film Festival (MMFF) entry \"Topakk\" (English title: \"Triggered\") because of its core theme on post-traumatic stress disorder (PTSD).
Kim Chiu takes on the role of empowered calendar girl
Kim Chiu has accepted another role, which is the Tanduay Calendar Girl for 2025, and never passed up the chance to be one.
ROSELLE MONTEVERDE HONORS MOTHER LILY IN 50TH MMFF ENTRY 'MY FUTURE YOU'
REGAL ENTERTAINMENT’S 2024 METRO MANILA Film Festival MMFF) entry, My Future You,” starring the up-and-coming loveteam Seth Fedelin and Francine Diaz, is one of the last films greenlit by the late Regal matriarch Mother Lily Monteverde before her passing in August.
