The Philippines’ central bank issued a circular on Nov. 28, 2022, to implement the Financial Products and Services Consumer Protection Act aimed at promoting the welfare of financial consumers, including against fraud.
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|Compliant : 8||High : 0|
|Largely Compliant : 29||Substantial : 1|
|Partially Compliant : 3||Moderate : 4|
|Non-Compliant : 0||Low : 6|
The Philippines' technical compliance was most recently re-rated in a Aug. 2, 2022 follow-up report.
|Rank : 45/141|
|Score : 5.67/10|
|Rank : 113/180|
|Score : 34/100|
|Rank : 60/133|
|Score : 63/100|