As co-regulator of banks, the PDIC issues Regulatory Issuances, Bulletins and Memoranda to banks for the protection of depositors and to help maintain financial stability.

The PDIC also conducts examinations jointly with the Bangko Sentral ng Pilipinas (BSP) to determine the bank’s overall condition, assess the safety and soundness of deposit operations, and verify compliance with PDIC regulations and other laws, rules and regulations related to deposit operations.

The PDIC also has the authority to sanction and penalize any bank, and its directors, officers, employees or agents for non-compliance with PDIC directives or regulations.