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endIndex: Metro Manila (CNN Philippines, July 7) President Rodrigo Duterte has signed an executive order institutionalizing the inter-agency council in charge of ensuring the stability of the country s financial system. Singed on July 6, Duterte s EO No. 144 officially establishes the Financial Stability Coordination Council, which is composed of the Bangko Sentral ng Pilipinas, Finance Department, Securities and Exchange Commission, Insurance Commission, and Philippine Deposit Insurance Corporation. The agencies convened in October 2011 in pursuit of a stable financial system for the Philippines, and signed a memorandum of agreement in January 2014 to create the council. Consistent with the objective of the national government to safeguard the welfare of Filipinos through a well-functioning financial system, the government hereby reiterates its policy of enhancing the stability of the financial system by mitigating systemic risks through timely policy interventions, read th

Metro manilaPhilippines generalRodrigo duterteBangko sentralExchange commissionFinancial stability coordination councilInsurance commissionPhilippine deposit insurance corporationPresident rodrigo duterteFinance departmentPhilippine deposit insuranceFinance secretaryInsurance commissionerNational treasurerMacroprudential policy strategy frameworkமெட்ரோ மணிலா