Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Tuesday, 31 March 2020 News Before 1 Feb 2012. Click for Latest
Web PIA  
 << March 2020 >> 
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Special News Editions:
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
PIA Archive News Reader

PIA Press Release

Finance group issues advisory to help public protect their investments

Iloilo City (21 May) -- The Financial Sector Forum (FSF) in the country has recently issued an advisory to guide the investing public on how to protect their investments.

The FSF is a voluntary interagency body comprising the heads of the Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC), Philippine Deposit Insurance Corporation (PDIC) and Securities and Exchange Commission (SEC) principally to provide an institutionalized framework for coordinating the supervision and regulation of the financial system, according to a report posted on the BSP's website.

The advisory, which come in four versions such as Filipino, Cebuano, Ilocano and English, are part of FSF's continuing program to promote consumer protection and a strong financial system.

The practical reminders on how to protect financial investments can be downloaded at the BSP website. These reminders are as follows:

  • Know the financial product that you plan to invest in, particularly the terms and conditions in fine print. Do not invest if you do not understand the product or any of its terms and conditions.

  • Do not be enticed by the promise of extremely high returns. Understand that the higher the return on investments, the greater the risk.

  • Avoid pyramiding investment schemes, including internet-based, that induce investors to recruit others in exchange for more income.

  • Make sure that the actual investment product/instrument, if sold in the Philippines, is registered with the Securities and Exchange Commission (SEC), or has the prior approval of the Insurance Commission in the case of insurance products.

    A Certificate of Incorporation from the SEC does not automatically mean that its investment products/instruments are authorized by the SEC.

  • Check the background of the issuing entity and the people behind it. Investment products issued by banks should be authorized by the BSP.

  • Deal only with solicitors, agents and brokers licensed by the SEC, or with employees authorized by banks if the product is bank-issued.

  • Investment products/instruments are not insured by the Philippine Deposit Insurance Corporation.

  • Keep proof of investments such as official receipts, investment contracts, certificates of participation, and the like, in a secure place.

    Further information can be accessed at the websites of BSP (, SEC ( and IC ( (PIA) [top]

  • |«  prev  next  »|
    »SSS acquires 9.68% stake in Phoenix Petroleum
    »Mindanao biz sector awaits Aquino's energy plan
    »DSWD XI gets serious on wellness
    »Finance group issues advisory to help public protect their investments
    »NGCP says Leyeco II 1-hour power outages caused by load shedding by energy supplier
    »4 PSHS East Visayas students win in world science tilt
    »Waray-Waray News: PGMA ha nasunod nga administrasyon: Igpasigi an JPEPA
    »Waray-Waray News: PPCRV: Igpresentar an ebedensya hin panlimbong
    »Waray-Waray News: Natikahataas an rekisitos han promosyon han kapulisan
    »Waray-Waray News: AFP ginsidngan hi Noynoy: Wara magkukudeta
    |«  prev  next  »|

    Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
    For comments and feedback, please email PIA Newsdesk
    Copyright © 2005 Philippine Information Agency
    PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines