The Bangko Sentral ng Pilipinas (BSP) has signed separate information sharing agreements with the National Bureau of Investigation (NBI), Cybercrime Investigation and Coordinating Center (CICC), and Securities and Exchange Commission (SEC) to strengthen the government’s crackdown on financial scams.
The agreements allow the lawful sharing of confidential financial account information to support investigations into scam-related offenses. The signing was held on February 20, 2026 at the BSP Head Office in Manila, led by BSP General Counsel Roberto L. Figueroa on behalf of Governor Eli M. Remolona, Jr., together with officials from the NBI, CICC, and SEC.
BSP officials said the agreements are only the first step. They stressed that success will depend on how well the agencies work together to strengthen investigations, resolve cases, reduce risks, and prevent harm to the public.
The deals set clear procedures for requesting information from the BSP’s Consumer Account Protection Office on bank accounts linked to scams. These are in line with the Anti-Financial Account Scamming Act and its implementing rules under BSP Circular 1214.
Under the arrangements, the NBI and CICC can access relevant account information to help build cases against scam operators. The SEC, meanwhile, may obtain information needed for its regulatory work, including resolving financial consumer complaints.
Authorities assured the public that all information sharing will follow strict safeguards on bank secrecy and data privacy.
For the banking public, the agreements mean faster and more coordinated action against fraudsters. By improving information flow among key agencies, the government aims to strengthen investigations, enhance protection against cyber-enabled scams, and make the financial system safer for consumers.
