𝗦𝗘𝗖 𝗽𝘂𝘀𝗵𝗲𝘀 𝗳𝗼𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗰𝗰𝗲𝘀𝘀, 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗮𝗹𝗹 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗔𝗣𝗘𝗖 𝘀𝗲𝗺𝗶𝗻𝗮𝗿

As seen on SEC’s official Facebook – Securities and Exchange Commission (SEC) Commissioner Rogelio V. Quevedo highlighted the need for a balanced regulatory framework that encourages innovation while safeguarding consumer welfare to promote financial inclusion, as he faced fellow regulators during the Asia Pacific Economic Cooperation (APEC) Senior Finance Officials Meeting in China.

Speaking at the Seminar on Financial Access and Opportunity for All: Policies and Innovation to Expand Financial Access held in Chengdu, China on June 10, Commissioner Quevedo emphasized that regulatory certainty, market openness, and strong consumer protection mechanisms are essential in expanding access to finance.

“Financial inclusion cannot be achieved simply by increasing the number of market participants. It requires a regulatory environment that allows legitimate institutions to innovate and invest while ensuring that consumers are protected and treated fairly,” he said.

Read the full press release: https://www.sec.gov.ph/…/sec-pushes-for-financial…/