The Bangko Sentral ng Pilipinas (BSP) and other regulators are looking to establish a committee that will guide financial technology companies amid a rapidly evolving business environment.

“We are currently working with other financial regulators in creating a new multilateral FinTech Committee under the Financial Sector Forum (FSF) which I chair,” central bank Governor Nestor Espenilla said during a recent speech before the Bankers Institute of the Philippines.

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