Calamity-hit nonbanks poised to get regulatory relief

The Bangko Sentral ng Pilipinas (BSP) is considering regulatory relief for nonbank financial firms that would be affected by disasters, aiming to help them bounce back more quickly and continue serving their clients. The draft circular would extend a framework first introduced for banks, allowing financial institutions to support borrowers and maintain essential financial services […]... Keep on reading: Calamity-hit nonbanks poised to get regulatory relief

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