Roosevelt 's support, this would be the Tydings—Mc Duffie Actwhich would grant Philippine independence on July 4, Kinabukasan, nilikha ni Roxas ang Sangguniang Bangko Sentral upang ihanda ang karta ng panukalang pangasiwaan ng pananalapi.The basic structure  of the Bangko Sentral includes:.The BSP has become the prime advocate for the development of microfinance.Its most important recommendations were related to the objectives of the Central Bank, its policy-making structures, scope of its authority and procedures for dealing with problem financial institutions. Roosevelt disapproved it due to strong opposition from vested interests.Ang batas na ito ay nagbibigay ukol sa pagkatatag ng isang malayang pangasiwaan na pananalapi na kinikilala bilang Bangko Sentral ng Pilipinas, na ang kanyang pangunahing layunin ay panatilihin ang katatagan ng mga presyo.
In the Constitutionthe interim Batasang Pambansa National Assembly was mandated to establish an independent central monetary authority. Reuters Updated as of May 08 Noongpanahon ng pananakop ng mga Haponesipinasa ang ikalawang batas, nguni't nang dumating ang mga hukbong Amerikano sa pagpapalaya, ipinatigil sa pagpapatupad nito.
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