Banking Laws

Republic Acts (RA) and Implementing Rules and Regulations (IRR) of RAs.
R.A. No.

R.A. 6426

R.A. 3591,
as
amended

Date

Description

04 Apr An Act Instituting A Foreign Currency Deposit System In The Philippines, and For
1972 Other Purposes

An act establishing the Philippine Deposit Insurance Corporation (PDIC Charter)

R.A.7353

02 Apr An Act Providing for the Creation, Organization and Operation of Rural Banks, and
1992
For Other Purposes

R.A. 7653

10 Jun
The New Central Bank Act
1993

R.A. 7721

18 May An Act liberalizing the entry and scope of operations of foreign banks in the
1994 Philippines and for other purposes

R.A. 7906

23 Feb An Act providing for the regulation of the organization and operation of Thrift Banks,
1995 and for other purposes

R.A. 8366

An Act liberalizing the Philippine investment house industry, amending certain

21 Oct
sections of Presidential Decree No. 129, as amended, otherwise known as "The
1997
Investment Houses Law"

R.A. 8367

21 Oct
Revised Non-Stock Savings and Loan Association Act of 1997
1997

R.A. 8556

26 Feb An Act amending R.A. 5980, as amended, otherwise known as the Financing
1998 Companu Act

R.A. 8791

12 Apr General Banking Law of 2000, an act providing for the regulation of the organization

2000

and operations of banks, quasi-banks, trust entities and for other purposes

R.A. 9160

29 Sep
Anti-Money Laundering Act of 2001
2001

R.A. 9178

13 Nov An Act to promote the establishment of Barangay Micro Business Enterprises

2002 (BMBEs), providing incentives and benefits therefor, and for other purposes

R.A. 9182

An act granting tax exemptions and fee privileges to special purpose vehicles which
18 Dec
acquire or invest in non-performing assets, setting the regulatory framework
2002
therefore, and for other purposes

R.A. 9182
IRR

19 Mar
Implementing Rules and Regulations of R.A. 9182
2003

R.A. 9194

07 Mar An act amending Republic Act No. 9160, otherwise known as the "Anti-Money
2003 Laundering Act of 2001"

R.A. 9194
IRR

06 Aug
Implementing Rules and Regulations of R.A. 9194
2003

R.A. 9238

5 Feb
2004

An Act amending certain sections of the National Internal Revenue Code of 1997, as
amended, by excluding several services from the coverage of the value-added tax
and re-imposing the gross receipts tax on banks and non-bank financial
intermediaries performing quasi-banking functions and other non-bank financial
intermediaries beginning January 01, 2004

R.A. 9294

An Act restoring the tax exemption of OBUs and FCDUs, amending for the purpose
28 Apr
Section 27 (D) and Section 28, Paragraphs (A) (4) and (A) (7) (b) of the National
2004
Internal Revenue Code as amended.

R.A. 9505

22 Aug An Act Establishing a Provident Personal Savings Plan, known as the Personal Equity
2008 and Retirement Account (PERA)

R.A. 9505
IRR

21 Oct
Implementing Rules and Regulations of R.A. 9505
2009

R.A.
10000

23 Feb An Act Providing for an Agriculture and Agrarian Reform Credit and Financing System
2010 Through Banking Institutions

R.A.
10000 IRR

14 Jul
2011

R.A.
10167

An Act to Further Strengthen the Anti-Money Laundering Law, Amending for the
18 Jun
Purpose Sections 10 and 11 of Republic Act No. 9160, Otherwise Known as the "Anti2012
Money Laundering Act of 2001", as Amended, and for Other Purposes

R.A.
10168

18 Jun An Act Defining the Crime of Financing of Terrorism, Providing Penalties Therefor and
2012 for Other Purposes

R.A.
10574

24 May
An Act Allowing the Infusion of Fo
2013

Implementing Rules and Regulations of R.A. 10000