We will continue with risk-based and consolidated supervision, while maintaining a flexible and responsive regulatory framework. We will also promote healthy competition in the delivery of banking and other financial services to have a wide array of financial products and services accessible to the public.
We will also foster competition among banks to reduce remittance charges as well as transparency to encourage overseas Filipinos to use the banking system. We will continue to push for the development of the capital market, the expansion of microfinance, and the promotion of financial literacy.