2025-12-26
The Bangko Sentral ng Pilipinas issued guidelines requiring banks to submit updated Financial Reporting Package (FRP) version 16 using Extensible Mark-up Language format through the PRIME system. This mandate applies to all banks for reference periods beginning 30 June 2026, replacing previous submissions and consolidating specific liquidity and exposure reports. Compliance with these XML-based submission standards and associated penalties will be strictly enforced starting from the 30 September 2026 reporting period.