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Financial regulators complete systemic risk crisis plan

The Bangko Sentral ng Pilipinas (BSP)-led Financial Stability Coordination Council (FSCC) has completed the Systemic Risk Crisis Management (SCRM) framework, one of the government’s timely and relevant policies to contain risks to the country’s financial stability. The BSP on Tuesday, May 31, annou

Gov t starts closer scrutiny of financial conglomerates – Manila Bulletin

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said financial regulators will start its cross-sectoral risk assessment of the country’s financial conglomerates by the second quarter this year. BSP Governor Benjamin E. Diokno The BSP-led Financial Sector Forum (FSF) has recently es

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