FINANCIAL market authorities on Tuesday said they had approved measures designed to bolster the country's financial system and fortify its capacity to withstand risks.
"These actions cover a broad range, from communication to the capital and contingent markets, as well as having in place both the right tools and better data to preemptively manage possible contagion risks," the Financial Stability Coordination Council (FSCC) said in a statement released by the Bangko Sentral ng Pilipinas (BSP).
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