Third, is the issuance of guidelines implementing the Net Stable Funding Ratio (NSFR) standard. Lastly, the BSP will issue intraday liquidity reporting guidelines to complement the qualitative intraday risk management guidelines under Circular No. 981.
For example in the field of insurance, in order to overcome “adverse selection” and “moral hazard,” which have been regarded as inherent problems in the insurance industry, efforts are being made to finely adjust the insurance fees by using a new technology known as a “smart contract,” and collecting a wide range of data such as how customers drive, and how they manage their health.