Topic

AFASA enforcement

Latest Daily Tribune news and analysis on AFASA enforcement.

Bank secrecy reforms boost AFASA — BSP
BSP says easing bank secrecy laws will strengthen the Anti-Financial Account Scamming Act (AFASA), enabling authorities to target financial criminals,…
23 February 20262 MIN READ
Bank secrecy reforms boost AFASA – BSP
22 February 20263 MIN READ
Deep dive into AFASA (2)
Institutions should act within 24 to 48 hours of receiving a report, freeze accounts promptly, update the account holder, and work with other financial…
10 April 20252 MIN READ
A deep dive into AFASA (1)
Under Section 7 of AFASA, banks and financial institutions are authorized to impose a temporary hold on funds that are the subject of a disputed transaction.
6 April 20252 MIN READ