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Finance regulators launch SRCM

REGULATORS on Monday launched the Systemic Risk Crisis Management (SRCM) framework, which aims to protect the country's financial system from potential disruptions.

'The SRCM is in keeping with the objective of managing systemic risks and strengthening the resilience of the system,' Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said in a briefing.

Bangko Sentral ng Pilipinas Governor Benjamin Diokno. TMT FILE PHOTO