News Snapshot:
posted September 27, 2020 at 05:29 pm by Manila Standard Business Albay 2nd District Rep. Joey Sarte Salceda has filed a bill to develop a thriving financial technology sector in the country and attract fintech firms fleeing Hong Kong’s regulatory jitters and saturated Asian markets. The bill offers better package of benefits and special investor’s visa. Salceda, who is also the chairman of the House Ways and Means Committee, said the proposed Financial Technology Industry Development Act (House Bill 7760) mandates the creation of a financial technology office in the Bangko Sentral ng Pilipinas to draw up a financial technology...
