It was the soon-to-retire Secretary of the Australian Treasury, Mr Ted Evans, who had the courage to say in 1993 when Australian unemployment was 11 per cent of the work-force that unemployment at that level was "a matter of choice" - choices made by governments and societies.
We, at the Bangko Sentral ng Pilipinas, view that the essential features of open finance can foster responsible data-based innovations that can advance financial inclusion through the development of customer-centric financial products and services. The first essential feature of open finance is consent-driven data portability.