The inter-agency Financial Stability Coordination Council (FSCC) could do more defensive strategy to support its monitoring of systemic risks and policy interventions to preempt any more COVID-19 shocks in the financial system.  “We see the surveillance or monitoring as a very important core function of the FSCC,” according to its ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/03/bsp-led-fscc-to-sway-policy-responses/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-led-fscc-to-sway-policy-responses)