Seminar-Workshop on BSP Compliance: Powering Business Continuity in the New Normal

  • September 29, 2022 - September 30, 2022
  • St. Giles Hotel Makati City
  • +63288161672

event description

Rationale

It is the policy of the Bangko Sentral to ensure that Financial Institutions (FIs) under its supervision have adequate knowledge and effective systems commensurate with their overall risk-taking activities. Towards this end, guidelines on credit risk management, past due and non-performing loans, and internal control and internal audit were issued by the Bangko Sentral to protect and support BSP-supervised FIs and their financial consumers.

Objectives

  • Provide the participants with a knowledge framework on credit risk management, past due and non-performing loans, and internal control and internal audit;
  • Provide a venue for discussing the components of the guidelines, and the key responsibilities required of FIs; and
  • Facilitate the participant’s analysis of best practices and sample cases on credit risk management, past due and non-performing loans, and internal control and internal audit.

INTERNAL CONTROL AND INTERNAL AUDIT (BSP Circular 871, s. 2015)

  • Overview of and Key Difference between Internal Control (IC) and Internal Audit (IA)
  • Section 162 of MORB
  • Internal Control Framework
  • Section 163 of MORB
  • Internal Audit Function
  • Risks, IC and IA
  • Case Analysis: Evaluating Internal Control

SOUND CREDIT RISK MANAGEMENT PROCESS (BSP Circular 855,S.2014)

  • Risk Management Overview
  • Operations Risk Management
  • Sound Credit Risk Management
  • Business Continuity
  • Risk Management Success Stories

REGULATIONS ON PAST DUE AND NONPERFORMING LOANS (BSP CIRCULAR 941, S. 2017)

  • Past Due Accounts and Non-Performing Loans Defined
  • Accounts considered past due
  • Accounts considered non-performing
  • Disclosure of Past Due Accounts and Non- Performing Loans (reportorial requirement and frequency)
  • Illustrative Cases

SECTION 163 OF THE MORB (BSP Circulars 969)

  • Internal Audit Function
  • Risks, IA and IC
  • Case Analysis: Evaluating Internal Control

TARGET PARTICIPANTS:

  • Lending
  • Audit staff positions
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2022-9-29 2022-9-30 Asia/Manila Seminar-Workshop on BSP Compliance: Powering Business Continuity in the New Normal St. Giles Hotel Makati City
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