In the Philippines, for instance, supervision over non-bank financial institutions without quasi-banking functions is shared by the Bangko Sentral, the Securities and Exchange Commission and the Insurance Commission. This underscores the need to maintain close coordination among these agencies to ensure consistency of policies, as well as access to timely and accurate information.
An important caveat in communication between the central bank and other government agencies is the responsibility to respect the confidentiality of sensitive information being shared. III. The BSP’s communication strategy  The Bangko Sentral, like many other central banks, continues to enhance its communication strategy to reach all its stakeholders.