Regulatory Alerts2024-12-09
M-2024-036: Expansion of ASTERisC* to All Banks and VASPs
Bangko Sentral ng Pilipinas expands its ASTERisC* cybersecurity compliance platform to cover all Banks and Virtual Asset Service Providers. The cloud-based system automates the real-time submission of regulatory reports, including IT profiles and incident notifications, to enhance risk-based supervisory oversight. Reporting becomes mandatory for new participants starting January 1, 2025, following required training and account provisioning.
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