Banks and businesses have renewed calls for Congress to pass the bill amending Republic Act No. 1405 or the Secrecy of Bank Deposits for a more relaxed version of the law to allow the Bangko Sentral ng Pilipinas (BSP) to look into and investigate the bank accounts of suspicious individuals, ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/27/push-for-lifting-of-bank-secrecy-law-intensifies/?utm_source=rss&utm_medium=rss&utm_campaign=push-for-lifting-of-bank-secrecy-law-intensifies)