BSP to review LitePay transactions

In this undated file photo, the facade of the Bangko Sentral ng Pilipinas' headquarters in Manila is seen. (TMT file photo)

THE Bangko Sentral ng Pilipinas (BSP) assured the public that it would review lenders that had transactions with LitePay, the remittance arm of Westpac Banking Corp., which was accused of violating Australia’s money-laundering laws 23 million times.