Regulatory Alerts2026-07-17
Added
Guidelines on the Submission of Surveillance Reports through the BSP Prudential Reporting Innovation and Monitoring Engine
The Bangko Sentral ng Pilipinas (BSP) Memorandum No. M-2026-036 requires Operators of Designated Payment Systems (ODPS) and other determined Operators of Payment Systems (OPS) to submit periodic Surveillance Reports. These reports, including Daily, Monthly FMI, and Monthly Retail Payment System data, must be prepared in XML format and submitted through the BSP Prudential Reporting Innovation and Monitoring Engine (PRIME) by specified deadlines. A parallel run will precede full implementation, and covered entities must register up to three authorized users for PRIME access by July 28, 2026, to facilitate the BSP's monitoring and oversight functions.
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