Specifically, I will:      describe what the Reserve Bank’s balance sheet looks like; outline our approach to managing it before COVID-19; explain our actions taken through the crisis; and share some reflections on that experience and the way ahead.
The roadmap outlines priority actions, including the adoption of industry-accepted standards, capacity-building for regulation, and cooperative oversight, which are all fundamental to establishing an Open Finance ecosystem. Lastly, R&D of frontier technologies… The BSP also conducts research and development activities on frontier technologies, such as Central Bank Digital Currency (CBDC).