9 months BSP assures confidential information will remain private MB |Biz
By Lee C. Chipongian Data obtained from individuals or entity such as banks and corporates will only be used for statistical and policy development purposes and confidential information will remain private, the central bank said. MB file photo. “Disaggregated data are subject to prevailing confidentiality laws,” said Bangko Sentral ng Pilipinas (BSP) Senior Assistant Governor and General Counsel, Atty. Elmore O. Capule. Based on the amended BSP charter or Republic Act No. 11211, which President Duterte signed last February 15 after 25 years since it was first laid down, the BSP can now collect data from any private person or ... more