LegalBison, a global leader in regulatory advisory for the fintech and crypto sectors, has announced a strategic collaboration with the Cagayan Economic Zone Authority (CEZA) in the Philippines to modernize the region’s Offshore Financial Technology Licensing Rules and Regulations (OFTLRR).
The collaboration aims to enhance the legal, operational, and compliance frameworks governing digital asset service providers operating within the Cagayan Special Economic Zone and Freeport (CSEZFP), reinforcing CEZA’s commitment to innovation and international alignment.
Led by Eira-Federica Järvi, lead legal counsel at LegalBison, the project involved an in-depth review of CEZA’s current licensing standards, with recommendations based on extensive experience with EU and global regulatory regimes.
“We sought to align CEZA’s framework with global best practices in licensing, risk management, and consumer protection,” said Järvi. “These updates are designed to make CEZA more competitive, attracting responsible fintech innovation to the region.”
The refined licensing framework is expected to improve regulatory clarity, reduce entry barriers for qualified firms, and bolster investor confidence in CEZA’s offshore fintech ecosystem.
This collaboration reflects CEZA’s proactive approach to governance and LegalBison’s growing role as a cross-border compliance enabler. As part of its continued expansion, LegalBison is actively pursuing additional strategic initiatives across Asia and globally.
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