The Central Bank of the Philippines reported on a nationwide information drive led by Director Jodeth Niña R. Yeung to brief stakeholders on recent changes to the foreign exchange (FX) framework, including simplified FX procedures, a streamlined registration process for certain foreign investments, and reforms in the FX derivatives market. The briefings were held in Davao, Naga, Cebu, Iloilo, Lucena, Tacloban, Bacolod and Cabanatuan, and were positioned as part of the central bank’s ongoing efforts to liberalize and clearly communicate the FX regulatory environment to local banks, industry associations and exporters.