2025-12-12
The Non-Bank Financial Institutions Regulatory Authority proposes fixed and variable supervisory levies for twenty-one categories of non-bank financial institutions to fund regulatory oversight in 2026. Asset managers, insurance companies, and micro lenders face percentage-based calculations applied to managed investments, gross premiums, or loan books alongside base fees. Central securities depositories and exchanges bear the highest fixed charges at P220,610, while smaller entities like corporate insurance agents and pawnshops pay reduced rates based on loan book thresholds.