About this document
Usury Law Suspension Analysis by Michelle Vale Cruz is a document available to read on EtoBox.
This case involved a challenge to the authority of the Bangko Sentral ng Pilipinas Monetary Board (BSP-MB) to enforce Central Bank Circular No. 905, which removed interest rate ceilings. The Supreme Court ruled that: 1) the Central Bank had authority to suspend the Usury Law by issuing the Circular; and 2) the BSP-MB, as the Central Bank
- Author
- Michelle Vale Cruz
- Language
- EN