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BSP to require monthly monitoring of sponsored settlement in peso RTGS system

BSP mandates monthly monitoring of sponsored settlement in the peso real-time gross settlement payment system (RTGS PS) starting July 1, aiming to identify and manage any risks associated with sponsored participation arrangements. BSP mandates monthly monitoring of sponsored settlement in the peso real-time gross settlement payment system (RTGS PS) starting July 1, aiming to identify and manage any risks associated with sponsored participation arrangements.

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