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News and Insights

News and Insights

We feature relevant and informative articles on the latest news, trends, and developments in Philippine laws.

We offer a healthy mix of topics, from practical insights and detailed analyses of pressing economic issues through a legal perspective to timely advice on the practical application of new laws and regulations in the Philippines.

National ID

17 Oct: National ID to Ease Banking Requirements for Filipinos

The Bangko Sentral ng Pilipinas (BSP) signed a deal with the Philippine Statistics Authority (PSA) to subsidize the production and distribution of blank cards for the Philippine Identification System (PhilSys) or the country’s national ID scheme, in hopes of growing financial inclusivity among Filipinos by reducing the documents required to open bank accounts.