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Guidelines for Electronic Money Issuance by Hiraeth Weltschmerz is a document available to read on EtoBox.
What is Guidelines for Electronic Money Issuance about?
This document outlines regulations for electronic money (e-money) issuance and operations in the Philippines. It defines e-money and classifies electronic money issuers. It requires prior Bangko Sentral (central bank) approval for banks to issue e-money. Common provisions for all e-money issuers include monthly load limits, transaction recording requirements, and consumer disclosure rules. E-money issuers must meet systems and control standards and report certain data to the central bank. The guidelines als
- Author
- Hiraeth Weltschmerz
- Language
- EN