HB 4235

House·20th Congress·Filed Sep 1, 2025

An Act Relaxing Bank Secrecy Laws for Elected and Appointed Government Officials, Amending for the Purpose Republic Act No. 1405, Otherwise Known as the "Secrecy of Bank Deposits Law," and for Other Purposes

In plain language

The bill would let anti‑corruption agencies look at the bank accounts of elected and appointed officials when investigating graft, and it would require those officials to list every bank account—domestic or foreign—in their public asset statements.

Public Order and SafetyGovernment AdministrationJustice and Judiciary

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Representative

Adrian Salceda
RepresentativeAlbay, 3rd District
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Official sources

Similar in what they’d do, filed by any lawmaker.

HB 5634· Filed Oct 20, 2025
An Act Empowering Legislators to Look into Bank Accounts During Investigations in Aid of Legislation on Matters Involving Bribery, Plunder, Graft and Corruption, Terrorism or Issues of Significance That Affect National Security, Amending for the Purpose Republic Act No. 1405
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-11-11Rep. Aniela Bianca D. Tolentino
SB 1364· Filed Sep 9, 2025
Amending Republic Act No. 1405 (Bank Secrecy Act)
Consolidated/substituted in the committee reportSen. Erwin T. Tulfo
HB 9159· Filed May 7, 2026
An Act Providing Exceptions to the Confidentiality of Bank Deposits for Public Officials, Amending for the Purpose Republic Act No. 1405, Otherwise Known as the �secrecy of Bank Deposits Law,� Requiring the Disclosure and Verification of Certain Bank Deposits and Investments of Such Officials, and Prescribing Penalties for Violations Thereof
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2026-05-12Rep. Elijah Rumbaoa San Fernando
SB 150· Filed Jul 7, 2025
Amending R.A. No. 1405 (Secrecy of Bank Deposits Law)
Consolidated/substituted in the committee reportSen. Juan Miguel "Migz" F. Zubiri
HB 5152· Filed Oct 6, 2025
An Act Promoting Transparent Governance and Instituting Anti-Corruption Mechanisms in the Operation of Banks and Other Financial Institutions, Amending for the Purpose Republic Act No. 1405, Entitled �an Act Prohibiting Disclosure of or Inquiry Into, Deposits with Any Banking Institution and Providing Penalty Therefor�
Substituted by HB06707Rep. Yedda Marie K. Romualdez

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HB04235 · Sources: BetterGov Open Congress, BatasWatch