We have also issued regulations on corporate and risk governance, including stress testing and regulatory reliefs provided to banks affected by natural calamities. At the same time, the BSP, together with the Department of Finance, co-chairs a newly formed inter-agency task force that is mandated to facilitate green finance initiatives. And we walk the talk.
Recently, the BSP also invested $ million in the green bond fund launched by the Bank for International Settlements (BIS). We hope our initiatives bolster a culture of environmentally responsible financial services sector.