Basel II and risk management in the Philippines

As the Philippines gears up for Basel II, Amando Tetangco, Jr, the central bank's governor set out areas where the central bank could work with the banking system to improve risk management processes.

"I take a special interest in today's topic for two main reasons," said Tetangco. "The first reason is that next month will mark the beginning of the process of aligning our existing supervisory framework with the standardised approach of Basel II by Philippine banks, which is a shift in bank

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