English: Under Gatchalian's bill, additional powers will be given to financial regulators such as the BSP, Securities and Exchange Commission (SEC), Insurance Commission (IC), and Cooperative Development Authority (CDA) to include adjudication authority to implement corrective measures, improve redress mechanisms, and enhance marketing conduct and surveillance. They will also be able to impose enforcement action on their respective supervised financial service providers for non-compliance of the provisions of the law and other existing laws.
Filipino: Sa ilalim ng panukalang batas ni Gatchalian, bibigyan ng karagdagang kapangyarihan ang mga financial regulators tulad ng BSP, Securities and Exchange Commission (SEC), Insurance Commission (IC), at Cooperative Development Authority (CDA) na makapagbigay hatol at maiwasan ang mga pagkakamali, paghusayin ang mekanismo sa pagtugon sa mga reklamo at paghusayin ang marketing conduct at surveillance. Maaari rin silang magpatupad ng mga kinakailangang aksyon sa kanilang pinangangasiwaang financial service providers sakaling hindi ito tumalima sa mga probisyon ng batas at iba pang umiiral na mga batas.