But I want to recognize the significant work you do and express my profound appreciation, especially to those who shared their experiences with me as we toured your cities and learned about your work. Regional economic conditions matter The first lesson I learned during my travels is that there is no one-size-fits-all strategy for community stabilization.
These include the Deposit Secrecy Bill, Financial Consumer Protection Act, and the Amendments to the Agri-Agra Mandatory Credit Allocation. The BSP is pushing for the Amendment of the Bank Secrecy Laws to ensure the conduct of effective supervision of banks. We believe that BSP should be granted unimpaired access to information on depositors to fulfill its supervision mandate and protect the interests of depositors.