The MORB organizes the Bangko Sentral rules and policy issuances that implement the provisions of Republic Act No. 8791, also known as the General Banking Law of 2000, as well as other pertinent banking laws. The MORB is updated regularly to incorporate the provisions contained in the published Bangko Sentral Circulars affecting the MORB. In case of any inconsistencies between the provisions set forth in the MORB and the published Bangko Sentral Circulars, the latter shall prevail.