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Public warned vs. unregistered virtual asset service providers

VIRTUAL ASSETS. The Bangko Sentral ng Pilipinas (BSP) urges the public to take extra caution in dealing with virtual asset service providers (VASPs), taking into consideration whether these are unregistered or are based overseas. It said VA transactions are also considered high risk, thus dealing with erring firms will provide extra challenges to the detriment of the public. (File photo) MANILA - The Bangko Sentral ng Pilipinas (BSP) has cautioned the public against dealing with virtual asset service providers (VASPs) that are unregistered or those that are based overseas, citing the challenges and risks they may face. Aside from risk on price volatilities, the central bank said "VASPs that are based abroad may present additional challenge(s) on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others." Virtual assets (VAs) are electronic forms of assets like the virtual currencies that can be traded digitally or be used as pay ....

Bangko Sentral , Virtual Assets The Bangko Sentral Ng Pilipinas Bsp Urges Public To Take Extra Caution In Dealing With Asset Service Providers Vasps , Aking Into Consideration Whether These Are Unregistered Or Based Overseas It Said Va Transactions Also Considered High Risk , Hus Dealing With Erring Firms Will Provide Extra Challenges To The Detriment Of Public File Photo Manila Bangko Sentral Ng Pilipinas Bsp Has Cautioned Against Virtual Asset Service Providers Vasps That Are Unregistered Or Those Based Overseas , Iting The Challenges And Risks They May Face Aside From Risk On Price Volatilities , He Central Bank Said Quot Vasps That Are Based Abroad May Present Additional Challenges On Enforcing Legal Recourse And Consumer Protection Redress Mechanisms For Local Customers , Mong Others Quot Virtual Assets Vas Are Electronic Forms Of Like The Currencies That Can Be Traded Digitally Or Used As Payment Bsp Has Yet To Issue Its Own Digital Currency , Hus Its Usage Here In The Philippines Is Not Yet Guaranteed By Central Bank Ina Press Release Issued On Wednesday , He Bsp Said Quot Va Dealings Are Generally Considered High Risk Activities Which May Result In Huge Financial Losses Due To Price Swings Further , Oth The Government And Registered Vasps Do Not , N Any Way , Uarantee Protection Against Financial Losses Stemming From Va Price Fluctuations , Uot It Said Citing Latest Data , He Bsp Said Quot Frauds And Scams Have Consistently Contributed Toa Large Portion Of Va Based Crimes Thus , He Public Should Exercise Caution , Onduct Their Own Due Diligence , Nd Always Be Mindful Of The Risks Prior To Engaging With Va Related Activities , Uot It Added Urged The Public To Check For List Of Bsp Supervised And Regulated Vasp Through Https Www Gov Ph Lists Directories Attachments 19 Pdf , N Circular 1108 Series Of 2021 , Aid It Quot Recognizes Virtual Asset Va Systems Have The Potential To Revolutionize Delivery Of Financial Services By Providing Faster And More Economical Means Transfer Funds , Oth Domestic And International , Nd May Further Support Financial Inclusion Quot It , Aid These Benefits Come With Risks , Hus The Measures To Prevent Country From Being Used For Money Laundering Ml And Terrorist Financing Tf Pna ,

Poll violence in Abra now 'a thing of the past'

PEACEFUL ABRA POLLS. Congressman and La Paz Abra Mayor-elect Joseph Sto. Nino Bernos speaks after being proclaimed a winner in the local elections at the capital building in Bangued on Tuesday (May 10, 2022). Bernos said despite being notorious for poll-rated violence in the past, Abra has finally graduated from that image and generally had peaceful elections on Monday (May 9, 2022). (PNA photo by Liza T. Agoot) BANGUED, Abra - The generally peaceful conduct of the elections on May 9 in the whole province was proof that election-related violence in Abra is now a thing of the past, said an official who had just won the local polls. Congressman and La Paz municipality mayor-elect Joseph Sto. Nino "JB" Bernos on the sidelines of the proclamation of the winning candidates at the provincial level on Tuesday evening said: "Graduate na po kami diyan. We are graduates of violent elections (we have graduated from the violent elections)." Bernos made the pronouncement despite ....

United States , New Providence , Mohammed Ashfaq Kazi , James Taiclet , International Section , Lockheed Martin , Juma Masjid , Peaceful Abra Polls Congressman And La Paz Mayor Elect Joseph Sto Nino Bernos Speaks After Being Proclaimeda Winner In The Local Elections At Capital Building Bangued On Tuesday May 10 , 022 Bernos Said Despite Being Notorious For Poll Rated Violence In The Past , Bra Has Finally Graduated From That Image And Generally Had Peaceful Elections On Monday May 9 , 022 Pna Photo By Lizat Agoot Bangued , Bra The Generally Peaceful Conduct Of Elections On May 9 In Whole Province Was Proof That Election Related Violence Abra Is Nowa Thing Past , Aid An Official Who Had Just Won The Local Polls Congressman And La Paz Municipality Mayor Elect Joseph Sto Nino Quot Jb Bernos On Sidelines Of Proclamation Winning Candidates At Provincial Level Tuesday Evening Said Graduate Na Po Kami Diyan We Are Graduates Violent Elections Have Graduated From Made Pronouncement Despitea Shootout Between Police Personnel Vice Josephine Somera Disono In Pilar March That Prompted Commission Comelec To Place Town Under Control There Were Also Reports Intimidation Harassment Circulated Social Media Election Day Still , Ernos Insisted That Elections In His Province Were Quot 100 Percent Peaceful Even As Lamented How Their Neighboring Provinces , Eemed Unable To Rid Themselves Of Violence During The Polls Quot Look At Neighboring Province , Umabalik Sa Kanila It Is Coming Back Dito Abra , Aayos Na Kami Dito , Aayos Na Here In Abra , E Are Okay , Uot The Congressman Said Bernos , Dmitted That The Tension Between Supporters Of Political Candidates Is Normal And Happens Anywhere In Country He Also Said His Province Did Not Deserve To Be Placed Under Comelec Control Quot We Don 39t Sucha Declaration Need It One Town Abra Ill Advised , Uot He Said Captain Marnie Abellanida , Olice Regional Office Cordillera Information Officer , N An Interview On Wednesday Said They Were Quot Verifying Four Incidents Which Are Possible Election Related That Have Been Recorded Since The Start Of Period Police Officer Also Pilar Shootout In March Was Only Confirmed Incident Region During He Earlier Involvinga Candidate Mountain Province Had Ruled Out Non As It Involveda Land Dispute Abellanida Added Arrest Two Persons For Carryinga Gun Day At Lagangilang Town Considereda Violation Ban But Not Did Disrupt , N Any Way , He Conduct Of The Elections Or Prevent People From Casting Their Votes It Can Be Recalled That Abellanida Had Earlier Said In Region Were Generally Peaceful ,

SC ruling on Anti-Terror Law victory for Filipinos: NTF-ELCAC

MANILA - The National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) on Thursday "greatly" rejoice and welcomed the "landmark" Supreme Court (SC) ruling on the constitutionality of the Anti-Terrorism Law. "This ruling exhibits the Supreme Court at its finest, and showed that it is a bastion of Justice and Fairness for all Filipinos seeking to protect the sacrosanct rights to life and liberty," the NTF-ELCAC Legal Cooperation Cluster said in a statement. It said the SC decision is a victory for the Filipino people over terrorism "which is regarded as a crime against the Filipino people, against humanity, and against the Law of Nations." "While a qualifier to the proviso in Section 4 and paragraph 2 in Section 25 of the law are declared unconstitutional, the same are quite insignificant, and do not, in any way, diminish the efficacy of the law or otherwise render it impotent. Indeed, the law in its entirety stood compelling, dyna ....

Supreme Court , High Court , National Task Force , End Local Communist Armed Conflict , Cooperation Cluster , Republic Act , Anti Terrorism Act , Highest Court , Manila The National Task Force To End Local Communist Armed Conflict Ntf Elcac On Thursday Quot Greatly Rejoice And Welcomed Landmark Supreme Court Sc Ruling Constitutionality Of Anti Terrorism Law This Exhibits At Its Finest , Nd Showed That It Isa Bastion Of Justice And Fairness For All Filipinos Seeking To Protect The Sacrosanct Rights Life Liberty , Uot The Ntf Elcac Legal Cooperation Cluster Said Ina Statement It Sc Decision Isa Victory For Filipino People Over Terrorism Quot Which Is Regarded Asa Crime Against , Against Humanity , Nd Against The Law Of Nations Quot Whilea Qualifier To Proviso In Section 4 And Paragraph 2 25 Are Declared Unconstitutional , He Same Are Quite Insignificant , End Do Not , N Any Way , Iminish The Efficacy Of Law Or Otherwise Render It Impotent Indeed , He Law In Its Entirety Stood Compelling , Nd Apposite With The Demand Of Present Time And Circumstances , Uot The Statement Read Despite 37 Petitions Challenging Validity Of Republic Act 11479 Or Anti Terrorism 2022 , He Ntf Elcac Said The Spirit Of Law , Esonating The Voice Of People Calling For Justice And Condemning More Than Five Decade Social Menace That Has Been Wreaking Havoc Especially In Country Side , As Been Heard And Upheld By The Highest Court Of Land Quot This Victory Will Ensure That Philippines Hasa Dynamic Law , T Par With Other Countries , Imed In Vanquishing Terrorism Balanced With The Protection Of Human Rights , Uot It Said The Task Force Sc Ruling Serves Asa Stern Warning Against Those Malevolent Groups Or Individuals Who Sow Terrorism That Philippines Is Nota Safe Haven For Them ,

Sacrifices of a public servant 'worth it': Tugade

TRANSPORTATION CHIEF. President Rodrigo Roa Duterte is briefed by Transportation Secretary Arthur Tugade while inspecting and viewing the project blueprint of the Philippine Ports Authority's Port Operations Building Complex at the Makar Wharf in Barangay Labangal, General Santos City on Nov. 22, 2021. Tugade was endorsed by the PDP-Laban and included in its 2022 senatorial slate, but said he will not run to ensure the completion of the Department of Transportation projects. (Presidential photo) MANILA - Transportation Secretary Arthur Tugade on Monday promised to continue his commitment to deliver infrastructure projects necessary to spur the country's development as he shared the challenges he faced as transportation chief. In a statement, Tugade said being a public servant was "a thankless endeavor, with too much expectation and too little appreciation". He expressed how they were expected to be "superhuman," capable of doing "so much with so little ....

Rodrigo Roa Duterte , Secretary Arthur Tugade , President Rodrigo Roa Duterte , Transportation Chief President Rodrigo Roa Duterte Is Briefed By Secretary Arthur Tugade While Inspecting And Viewing The Project Blueprint Of Philippine Ports Authority 39s Port Operations Building Complex At Makar Wharf In Barangay Labangal , Eneral Santos City On Nov 22 , 021 Tugade Was Endorsed By The Pdp Laban And Included In Its 2022 Senatorial Slate , Ut Said He Will Not Run To Ensure The Completion Of Department Transportation Projects Presidential Photo Manila Secretary Arthur Tugade On Monday Promised Continue His Commitment Deliver Infrastructure Necessary Spur Country 39s Development As Shared Challenges Faced Chief Ina Statement , Ugade Said Beinga Public Servant Was Quota Thankless Endeavor , Ith Too Much Expectation And Little Appreciation Quot He Expressed How They Were Expected To Be Superhuman , Uot Capable Of Doing Quot So Much With Little Effort Ang Hindi Nila Alam , Arami Ang Pagod , Agsasakripisyo Dahil Sa Kawalan Ng Oras Sarili At Pamilya , Gunit Hindi Bumibitaw Dahil Sa Pangakong Binitiwan Bayan What They Don 39t Know Is Many Are Tired , Nd Are Sacrificing Their Time For Themselves And Family , Ut Refuses To Back Down Because Of Their Promises Country , Uot Tugade Said He Cited His Own Experience When Was Given Accusations Or Insults , Oting That He Felt Hurt And Fatigued Quot Tao Lamang Po , T Syempre , Ayo 39 Ho Ay Mahigit Sitenta Na We Re Just People After All , Ndi 39m Already Over 70 Years Old , Uot Tugade Said He Noted How Prayed And Remembered His Promise To President Rodrigo Roa Duterte The Filipino People Get Through These Challenges Quot Ang Pangakong Binitiwan Ko Sa Pangulo At Mga Pilipino , A Maglilingkod Ako Hanggang Sa Huli , T Hanggang Matapos Ko Ang Mga Proyekto My Promise To The President And Filipinos , O Serve Until The End , Nd Untili Complete These Projects , Uot Tugade Said Despite These Hardships ,

Tugade shuns 2022 polls, opts to finish DOTr projects

NO TO ELECTIVE POST. President Rodrigo Duterte (left) and Transportation Secretary Arthur Tugade during the inauguration of the Bicol International Airport in Daraga, Albay on Thursday (Oct. 7, 2021). Tugade said in a statement on Saturday (October 9) that he would rather finish the agency's projects than run for any position next year. (Photo courtesy of DOTR Facebook) MANILA - Transportation Secretary Arthur Tugade announced on Saturday that he did not file his candidacy for any post in the 2022 elections. The 75-year-old Tugade said he opted to continue to oversee the implementation of projects under the Department of Transportation (DOTr). "I decided not to file my certificate of candidacy for multiple reasons. One of which is by not filing my COC, I can emphasize that the efforts of the Department of Transportation in finishing projects are not, in any way, in aid of election," he said in a statement. "It is just in doing and completing what we sincerely and hon ....

Camarines Sur , Davao City , Rodrigo Duterte , Arthur Tugade , Clark International Airport In Pampanga , Bicol International Airport , Department Of Transportation , Solart Holdings Ltd , Department Of Transportation Dotr , Secretary Arthur Tugade , Clark International Airport , President Rodrigo Duterte , Pandora Papers , Virgin Islands Based , Solart Holdings , No To Elective Post President Rodrigo Duterte Left And Transportation Secretary Arthur Tugade During The Inauguration Of Bicol International Airport In Daraga , Lbay On Thursday Oct 7 , 021 Tugade Said Ina Statement On Saturday October 9 That He Would Rather Finish The Agency 39s Projects Than Run For Any Position Next Year Photo Courtesy Of Dotr Facebook Manila Transportation Secretary Arthur Announced Did Not File His Candidacy Post In 2022 Elections 75 Old Opted To Continue Oversee Implementation Under Department Quoti Decided My Certificate Multiple Reasons One Which Is By Filing Coc , I Can Emphasize That The Efforts Of Department Transportation In Finishing Projects Are Not , N Any Way , N Aid Of Election , Uot He Said Ina Statement Quot It Is Just In Doing And Completing What We Sincerely Honestly Think Good For The Country , The People , Nd The Sambayanan Nation Quot Among Dotr 39s Latest Achievements Is New Bicol International Airport Bia That Began Commercial Operations On Friday Once Fully Operational , He Bia Can Accommodate Two Million Passengers Annually Like The Renovated Clark International Airport In Pampanga , T Will Have High Technology Features ,