Implementation of CPMI-IOSCO Principles on PhilPaSS Payments and Settlements System

The Philippine Payments and Settlements System (PhilPaSS) implemented the CPMI-IOSCO Principles to ensure robust management of financial transactions. PhilPaSS, established in 2002, facilitates real-time gross settlement of critical financial transactions. The Bangko Sentral ng Pilipinas' Payments a

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