Banking Laws
Republic Acts (RA) and Implementing Rules and Regulations (IRR) of RAs.
R.A. No. | Date | Description |
04 Apr 1972 | An Act Instituting A Foreign Currency Deposit System In The Philippines, and For Other Purposes | |
An act establishing the Philippine Deposit Insurance Corporation (PDIC Charter) | ||
02 Apr 1992 | An Act Providing for the Creation, Organization and Operation of Rural Banks, and For Other Purposes | |
10 Jun 1993 | The New Central Bank Act | |
18 May 1994 | An Act liberalizing the entry and scope of operations of foreign banks in the Philippines and for other purposes | |
23 Feb 1995 | An Act providing for the regulation of the organization and operation of Thrift Banks, and for other purposes | |
21 Oct 1997 | An Act liberalizing the Philippine investment house industry, amending certain sections of Presidential Decree No. 129, as amended, otherwise known as "The Investment Houses Law" | |
21 Oct 1997 | Revised Non-Stock Savings and Loan Association Act of 1997 | |
26 Feb 1998 | An Act amending R.A. 5980, as amended, otherwise known as the Financing Companu Act | |
12 Apr 2000 | General Banking Law of 2000, an act providing for the regulation of the organization and operations of banks, quasi-banks, trust entities and for other purposes | |
29 Sep 2001 | Anti-Money Laundering Act of 2001 | |
13 Nov 2002 | An Act to promote the establishment of Barangay Micro Business Enterprises (BMBEs), providing incentives and benefits therefor, and for other purposes | |
18 Dec 2002 | An act granting tax exemptions and fee privileges to special purpose vehicles which acquire or invest in non-performing assets, setting the regulatory framework therefore, and for other purposes | |
19 Mar 2003 | Implementing Rules and Regulations of R.A. 9182 | |
07 Mar 2003 | An act amending Republic Act No. 9160, otherwise known as the "Anti-Money Laundering Act of 2001" | |
06 Aug 2003 | Implementing Rules and Regulations of R.A. 9194 | |
5 Feb 2004 | 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 tax and re-imposing the gross receipts tax on banks and non-bank financial intermediaries performing quasi-banking functions and other non-bank financial intermediaries beginning January 01, 2004 | |
28 Apr 2004 | An Act restoring the tax exemption of OBUs and FCDUs, amending for the purpose Section 27 (D) and Section 28, Paragraphs (A) (4) and (A) (7) (b) of the National Internal Revenue Code as amended. | |
22 Aug 2008 | An Act Establishing a Provident Personal Savings Plan, known as the Personal Equity and Retirement Account (PERA) | |
21 Oct 2009 | Implementing Rules and Regulations of R.A. 9505 | |
23 Feb 2010 | An Act Providing for an Agriculture and Agrarian Reform Credit and Financing System Through Banking Institutions | |
14 Jul 2011 | Implementing Rules and Regulations of R.A. 10000 | |
18 Jun 2012 | An Act to Further Strengthen the Anti-Money Laundering Law, Amending for the Purpose Sections 10 and 11 of Republic Act No. 9160, Otherwise Known as the "Anti-Money Laundering Act of 2001", as Amended, and for Other Purposes | |
18 Jun 2012 | An Act Defining the Crime of Financing of Terrorism, Providing Penalties Therefor and for Other Purposes | |
24 May 2013 | An Act Allowing the Infusion of Foreign Equity in the Capital of Rural Banks | |
| R.A. 10641 | 15 July 2015 | An Act allowing the full entry of foreign banks in the Philippines, amending for the purpose Republic Act No. 7721 |
Presidential Decrees (PDs)
P.D. No. | Date | Description |
29 Jan 1973 | Regulating the establishment and operation of pawnshops | |
15 Feb 1973 | Governing the establishment, operation and regulation of Investment Houses | |
01 Apr 1980 | An Act Amending PD 129 Presidential Decree No. 129, As Amended, Otherwise Known as "The Investment Houses Law" | |
30 Sep 1976 | Authorizing the establishment of an offshore banking system in the Philippines | |
30 Sep 1976 | Expanding the Authority of Certain Depository Banks Under R.A. No. 6426 and for Other Purposes | |
21 Nov 1977 | Further Amending Certain Provisions of Republic Act Numbered 6426, as Amended by Presidential Decree Numbered 1035 | |
06 Jan 1981 | Amending furhter Presidential Decree No. 129, as amended, otherwise known as “The Investment Houses Law.” |
Frequently Asked Questions (FAQ) on BSP Issuances
Issuance | Description |
| BSP Circ. 855 | Guidelines on Sound Credit Risk Management Practices; Amendments to the Manual of Regulations for Banks and Non-Bank Financial Institutions |
Mandatory Agri-Agra Credit Under RA No. 10000 | |
True and Transparent Loan Pricing and Disclosure | |
Frequently Asked Questions on M-2012-034 dated 13 July 2012 on the prohibition against non-residents from investing in the Special Deposit Account (SDA) facility of the BSP |