Amando M Tetangco, Jr: The vital role of statistics in national development Keynote address by Mr Amando M Tetangco, Jr, Governor of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas), at the 15th Philippine Statistics Quiz (PSQ) National Finals, Central Bank of the Philippines, Manila, 5 December 2006.
These will include assessments of firm resolvability. Supervisors will have the power to require changes to a firm’s structure to improve its resolvability. Second, the loss absorption capacity of systemic firms should reflect their role in the global financial system and their potential contribution to systemic risk.