Regulatory Alerts2024-12-20
Amended Guidelines on the Submission of Reports/Documents and Communications through the BSP Financial Supervision Sector Mail-In Account
Bangko Sentral ng Pilipinas issued Memorandum No. M-2024-044 to mandate specific email formatting and transmission protocols for all BSP-supervised financial institutions. The directive requires strict adherence to a standardized subject line structure and prohibits email settings that block forwarding or duplication to ensure successful delivery. Non-compliance with these requirements results in failed delivery and potential regulatory sanctions, with the guidelines taking effect on January 2, 2025.
Share