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Friday, March 29, 2024

Duterte endorses bill on bank deposit secrecy

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President Rodrigo Duterte included the Bank Deposits Secrecy bill being pushed by the Bangko Sentral ng Pilipinas as one of the legislative priorities for the 18th Congress, the BSP said Wednesday.

Citing the announcement made by the Presidential Legislative Liaison Office, the BSP said it was informed that the Office of the President referred the bill to the Legislative-Executive Development Advisory Council or Ledac for prioritization and inclusion in the common legislative agenda.

The Office of the President’s actions were in response to separate communications sent by the BSP requesting that the bill be included in the list of priority measures and be certified as urgent by the President.

“We are glad that the President has identified the Bank Deposits Secrecy Bill as a legislative priority. In view of this, the BSP will further step up its efforts to coordinate with Congress and other stakeholders for the immediate passage of the measure,” BSP Governor Benjamin Diokno said in a statement.

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