Detailed: The Data Privacy Act (RA 10173)

Detailed: The Data Privacy Act (RA 10173)

Information and communication technology (ICT) is critical to the country’s development and nation-building. In the information age, whomever has the most information has the most power. From a macroeconomic standpoint, the free flow of information is undeniably...
How does money laundering work?

How does money laundering work?

Money laundering is a method used by criminals to conceal the illegal source of their revenue. Money is “cleaned” of its illicit origin and made to seem like legitimate business profits by moving it through intricate transfers and transactions, or through a series of...
A Successful Work From Home Setup

A Successful Work From Home Setup

Working from home is fantastic until your cat pukes on your computer. And across the street, your neighbor, who you can only guess is creating a time machine, begins firing up all kinds of power equipment and deafening gear. For many professions, COVID-19 has made...
The Non-Banking Financial Institutions

The Non-Banking Financial Institutions

Many financial organizations have merged to form institutional conglomerates that offer a wide range of services, including investment advisory and banking. Some non-banking financial institutions, on the other hand, focus on a specific business line or are just more...