SB 1728

Senate·20th Congress·Filed Jan 28, 2026

Banking Reform for Integrity, Good Governance, Honesty, and Transparency (Bright) Act

An Act Expanding the Scope of Disclosure of Bank and Financial Deposits, Repealing for the Purpose Pertinent Provisions of Laws Governing the Secrecy of Deposits

In plain language

The BRIGHT Act would end the absolute secrecy of bank deposits, allowing certain government agencies to access deposit information for specific investigations while requiring banks to comply with such orders.

TaxationGovernment AdministrationHuman Rights

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

Author · Senator

Panfilo M. LacsonReceipts →

Official sources

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

SB 1433· Filed Oct 1, 2025
Banking Reform for Integrity, Good Governance, Honesty, and Trasparency (Bright) Act
Consolidated/substituted in the committee reportSen. Joel Villanueva
HB 5732· Filed Nov 3, 2025
An Act Expanding the Scope of Disclosure of Bank and Financial Deposits, Repealing for the Purpose Pertinent Laws on Secrecy of Deposits
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-11-12Rep. Eduardo "Bro. Eddie" C. Villanueva
HB 4388· Filed Sep 8, 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. Bryan B. Revilla +2
SB 38· Filed Jul 2, 2025
Strengthening the Secrecy of Bank Deposits Law
Consolidated/substituted in the committee reportSen. Panfilo M. Lacson
HB 7· Filed Jun 30, 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. Ferdinand Martin G. Romualdez +2

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SBN-1728 · Sources: BatasWatch

Banking Reform for Integrity, Good Governance, Honesty, and Transparency (Bright) Act

In plain language

Author · Senator

Official sources

Related bills · 20th Congress

Related bills · 20th Congress