BSP says climate risks can be mitigated by regulatory action
CENTRAL BANK regulatory action can cushion the impact of climate risks on the financial system, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona said. He cited the potential of measures such as designating systemically important banks or assigning appropriate capital levels for risks taken. “These tools can be harnessed to push for greater climate […]
Tomas Kauer - News Moderator 
CENTRAL BANK regulatory action can cushion the impact of climate risks on the financial system, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona said. He cited the potential of measures such as designating systemically important banks or assigning appropriate capital levels for risks taken. “These tools can be harnessed to push for greater climate […]
