BSP UPDATE: ​The Bangko Sentral ng Pilipinas (BSP) has issued new regulations on large value cash transactions to reduce money laundering and other risks linked to the use of cash. Through this reform, the BSP aims to strengthen measures against the use of cash for illegal activities, promote trust in the financial system, and ensure that it can respond to new risks.​ Circular No. 1218: https://www.bsp.gov.ph/Regulations/Issuances/2025/1218.pdf | Bangko Sentral ng Pilipinas
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