A particular priority at the present juncture is to reduce risk in the markets for credit default swaps (CDSs). CDSs, a form of insurance against the risk of default by corporate borrowers, are the derivatives which have shown the greatest exponential growth in the past few years.
These stakeholders are deeply committed to carry-out financial education programs as part of their corporate social responsibility and devoid of commercial interests. These include – in alphabetical order – the BDO Foundation, BPI Foundation, Maybank Foundation and Visa Foundation. We thank the Asian Development Bank (ADB) for assisting in the development of a Monitoring and Evaluation (M&E) Framework for all our partnership programs.