Philippine Congress Amends Philippine Deposit Insurance Corporation Charter
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Republic Act 11840 or the Philippine Deposit Insurance Corporation (PDIC) Charter Amendment Law modifies several sections of RA 3591 to give the PDIC sufficient power and authority to carry out its mandate and functions.
The PDIC Charter Amendment Law is among several of the statutes that lapsed into law last 17 June 2022.
The full text of the law can be accessed here.