Regulatory Alerts2026-05-26
Guidelines on the Submission of the Financial Reporting Package for MSBs using XML Format through PRIME
The Bangko Sentral ng Pilipinas issued guidelines requiring Money Service Businesses to submit their Financial Reporting Package in XML format via the PRIME platform starting with the quarter ending 31 December 2025. MSBs must register up to two authorized representatives through the Department of Supervisory Analytics and adhere to specific observation period deadlines before live submissions become mandatory in December 2026. The directive mandates compliance with existing reporting standards and outlines technical specifications for XML generation and electronic transmission through the BSP Relationship Management System.
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