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Glossary — SEA financial regulations + AI compliance

Plain-English definitions of every Southeast Asian financial regulation Nova Solutions complies with. Each term has its own page with full schema, FAQs, and how Nova handles it.

Philippines

PHBSP Circular 1133 — Collection Conduct Rules

Also: Bangko Sentral ng Pilipinas Circular 1133 · BSP Collection Conduct Circular

Sets conduct standards for how Philippine banks, lenders, credit card issuers, BNPL operators, and their collection agents can contact borrowers about overdue accounts. Applies identically to AI voice/SMS agents.

Singapore

SGMAS FEAT Principles — AI Governance

Also: FEAT Principles · Fairness, Ethics, Accountability, Transparency

MAS-published principles for responsible AI use in Singapore's financial sector. Operationalized via the Veritas Initiative. Voluntary by name, de facto required for any Singapore-licensed FI deploying AI in customer-impacting decisions.

Indonesia

IDOJK POJK 10/2022 — Fintech Lending Regulation

Also: POJK 10/2022 · OJK Regulation 10/2022

Regulation by Indonesia's Otoritas Jasa Keuangan governing fintech lending platforms. Replaced POJK 77/2016 with tighter licensing, conduct, prudential, and consumer-protection rules. Conduct rules apply to AI agents.

Coming soon

PHBSP Circular 1108 — AI Risk Management

Bangko Sentral ng Pilipinas rules for AI/ML risk management in financial institutions. Dedicated page in queue.

PHRA 11765 — Financial Products and Services Consumer Protection Act

Consumer protection law for Philippine financial services. Companion to BSP Circular 1133.

PHRA 10173 — Data Privacy Act

Philippine Data Privacy Act. Governs collection, use, and disclosure of personal data.

SGPDPA — Personal Data Protection Act

Singapore's personal data protection law. Overlaps with MAS FEAT on transparency + accountability.

IDUU PDP — Personal Data Protection Law

Indonesia's Personal Data Protection Law (2022). Companion to POJK 10/2022 for data-handling rules.

AUASIC + Privacy Act 1988

Australian Securities and Investments Commission + Privacy Act regulatory framework for AI in financial services.