Compliance Officer’s Dev. Training – Jan 11-12 2018

COMPLIANCE OFFICER’S DEVELOPMENT TRAINING

SCHEDULE

Date: Jan. 11-12, 2018 (Thu-Fri.)
Venue: Gov. Licaros Hall, RBAP, Intramuros,
Time: 8:30am to 5:00pm

RESOURCE PERSON
Mr. Nomer Crisostomo, CPA
Internal Auditor, Chief Compliance Officer, Consultant/ Trainer and
Entrepreneur

SEMINAR FEE
1. For Member – P3,500 /per person
2. Non-Member/Delinquent – P3,800 / per person

MODE OF PAYMENT
Check payable to:

Rural Bankers Research & Development Foundation Inc.

To reserve slot, a Non-Refundable commitment fee of P2,000.00 /pax is
required, but its deducted from the total registration fee.

Bank: LBP – Intramuros, Branch
Account Name: RBRDFI
SA No. 0012-1046-26.
Telefax (02) 527-2969 /527-2980

EXPECTED PARTICIPANTS
Compliance Officer, Senior, President, & Middle Level Officers / Internal
Auditors

DEADLINE TO SUBMIT REGISTRATION:January 05, 2018.

Course Overview & Objective:

In general, all business activities are faced with the reality of having
to contend with various risks, and the banking industry is not an
exemption to this rule. Compliance risk exposes the banks to fines, civil
penalties, payment of damages and the voiding of contracts. It is for
these reasons, that the Monetary Board in its Resolution No. 116 issued
Circular 747 re Revised Compliance Framework for Banks.

1. To guide the banks in adhering to all applicable and related laws
issued by the regulatory bodies (BSP, PDIC, BIR, SEC, etc.)
2. To ensure that Banks comply with the provision of BSP Circular 747 by
reviewing/ improving their existing compliance program/manual and make
them adequate in every aspect;
3. To discuss the reports to be tested and the subsequent reporting of the
results of compliance testing.

Course Outline

First Day
Brief Discussion of BSP Circular 747
Review of the bank’s existing Compliance Manual
Framework
Identification of Business Risks and
how to mitigate risk
Organizational structure
Duties and responsibilities of the
Chief Compliance Officer
Board and Senior Management
Oversight Procedures to ensure
integrity and accuracy of
documentary submission
Corrective Processes
Monetary and Non-Monetary Sanctions for non-compliance to BSP Rules and
Regulations and other regulatory bodies
Plans and Programs of the Compliance Officer
BSP General Examination Preparation
Chief Compliance Officer as AML Compliance Officer

Second Day

The Compliance Matrix
Compliance Testing
Reporting of the results of Compliance Testing
Compliance Tracking (validation)

Review and understanding relevant BSP Circulars from 2014 to present:
Cir. 854 Minimum Capitalization of Banks
Cir. 855 Guidelines on Sound Credit Risk Management
Cir. 857 Financial Consumer Protection
Cir. 871 Internal Control and Internal Approval
Cir. 887 Election/Appointment of Directors/Officers
Cir. 897 Related Party Transactions
Cir. 900 Operational Risk Management
Cir. 911 Annual Audit Report
Cir. 928 Fees onRetail Bank Products/Services and Dormant Deposit Accounts
Cir. 932 Establishments/Relocaion/Voluntary Closure/Sale of Branches

Download CIR

Download Confirmation