WIRE โ€” THE BANGKO SENTRAL ng Pilipinas (BSP) wants its supervised financial institutions to integrate the National ID Authentication Services (NIDAS) into their customer due diligence (CDD) protocols. According to a draft memorandum, the regulator plans to require banks and other BSP-supervised institutions (BSIs) to use the Philippine Statistics Authority's (PSA) NIDAS for verifying clients to enhance

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