An Act Expanding the Scope of Disclosure of Bank and Financial Deposits, Repealing for the Purpose Partinent Laws on Secrecy Deposits
The BRIGHT Act ends absolute bank‑deposit secrecy in the Philippines, allowing courts, regulators, the Ombudsman, Congress, and certain other authorities to access account information for defined investigations, while requiring banks to comply and setting penalties for misuse.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-1433. Status changes over time; check the link for the latest.
SBN-1433 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.