RFBT - PENALTIES

Question 1

What is the penalty imposed for violation of Bank Secrecy Law?

Answer 1

Imprisonment of NOT MORE THAN 5 YEARS OR A FINE OF NOT MORE THAN PHP 20,000 OR BOTH at the discretion of the court.

Question 2

What is the penalty imposed for violation of RA 6426 Foreign Currency Deposit Act of the Philippines??

Answer 2

Imprisonment of not less than 1 year nor more than 5 years or fine not less than 5,000 but not more than 25,000 or both imprisonment and fine.

Sanctions may also be imposed on banks or any bank director/officer:

a. Revocation of authority of bank to accept new foreign currency deposits
b. administrative sanctions under the New Central Bank Act

Question 3

What is the penalty for violation of BP 22?

Answer 3

• Imprisonment of 30 days to 1 year OR
• Fine of not less than the amount on check but not more than double the amount on check, which shall not exceed PHP 200,000 OR
• both, at court’s discretion

Question 4

What is the fine for violation of the Code of Corporate Governance?

Answer 4

Fine of NOT MORE THAN PHP 200,000 FOR EVERY YEAR THAT A COVERED CORPORATION VIOLATES THE PROVISION OF THE CODE.

Question 5

What is the penalty for criminal repetition of patent infringement? What is the prescription period for this crime?

Answer 5

1. Not less than 6 months but not more than 3 years
   AND/OR
2. Fine of not less than 100,000 but not more than 300,000 at the discretion of courts.

The prescriptive period for this crime is 3 YEARS.

Question 6

What is the penalty of Hacking or Crackling?

Answer 6

Fine of PHP 100,000 to Maximum amount commensurate to the damages done PLUS imprisonment of 6 months to 3 years.

Question 7

What is the penalty for Piracy?

Answer 7

Fine of PHP 100,000 to Maximum amount commensurate to the damages done PLUS imprisonment of 6 months to 3 years.

Question 8

What is the penalty for other violations in Electronic Commerce Act?

Answer 8

Maximum penalty of PHP 1,000,000 or 6 years imprisonment.

Question 9

What is the penalty for unauthorized processing of PERSONAL INFORMATION?

Answer 9

Imprisonment of 1-3 years and a fine of PHP 500,000 to PHP 2,000,000

Question 10

What is the penalty for unauthorized processing of SENSITIVE PERSONAL INFORMATION?

Answer 10

Imprisonment of 3-6 years and a fine of PHP 500,000 to PHP 4,000,000.

Question 11

What is the penalty for accessing personal information due to negligence?

Answer 11

Imprisonment of 1-3 years and a fine of PHP 500,000 to PHP 2,000,000

Question 12

What is the penalty for accessing sensitive personal information due to negligence?

Answer 12

Imprisonment of 3-6 years and a fine of PHP 500,000 to PHP 4,000,000.

Question 13

What is the penalty for Improper disposal of personal information?

Answer 13

Imprisonment of 6 months to 2 years and a fine of PHP 100,000 to PHP 500,000

Question 14

What is the penalty for Improper disposal of sensitive personal information?

Answer 14

Imprisonment of 1-3 years and a fine of PHP 100,000 to PHP 1,000,000

Question 15

What is the penalty for processing of personal information for unauthorized purposes?

Answer 15

Imprisonment of 1 year and 6 months to 5 years and a fine of PHP 500,000 to PHP 1,000,000

Question 16

What is the penalty for processing of sensitive personal information for unauthorized purposes?

Answer 16

Imprisonment of 2-7 years and a fine of PHP 500,000 to PHP 2,000,000

Question 17

What is the penalty for unauthorized access or intentional breach?

Answer 17

Imprisonment of 1-3 years and a fine of PHP 500,000 to PHP 2,000,000

Question 18

What is the penalty for Concealment of Security Breaches involving Sensitive Personal Information?

Answer 18

Imprisonment of 1 year and 6 months to 5 years and a fine of PHP 500,000 to PHP 1,000,000

Question 19

What is the penalty for Malicious Disclosure?

Answer 19

Imprisonment of 1 year and 6 months to 5 years and a fine of PHP 500,000 to PHP 1,000,000

Question 20

What is the penalty for Unauthorized Disclosure of personal information?

Answer 20

Imprisonment of 1-3 years and a fine of PHP 500,000 to PHP 1,000,000

Question 21

What is the penalty for Unauthorized Disclosure of sensitive personal information?

Answer 21

Imprisonment of 3-5 years and a fine of PHP 500,000 to PHP 2,000,000

Question 22

What is the penalty for a combination or series or acts?

Answer 22

Imprisonment of 3-6 years and a fine of PHP 1,000,000 to PHP 5,000,000

Question 23

When is the maximum penalty meted out for crimes provided in the DPA?

Answer 23

Maximum penalty shall be imposed when the personal information of AT LEAST 100 PERSONS IS HARMED.