FOR : All Participating Rural Banks
FROM : MOBCI- Federation of Rural Banks and
Association of Compliance Officers
SUBJECT : RISK BASED COMPLIANCE PROGRAM
Dear Fellow Rural Bankers:
The Rural Bankers Association of the Philippines (RBAP), through the Rural
Bankers’ Research and Development Foundation, Inc. (RBRDFI) in partnership
with the Misamis Oriental- Bukidnon-Iligan Federation of Rural Banks, Inc.
are pleased to announce that it will conduct the seminar-workshop
described below as part of its continuing strategy to strengthen the rural
Course Title: Risk Based Compliance Program
Venue: Pearlmont Hotel, Limketkai Drive, Cagayan de Oro City
Schedule: November 15-16, 2018 (Thursday & Friday)
Duration: 2 days (8:30AM-5:00PM)
Resource Person: Mr. Diego B. Ledda, Jr., CPA, MBM
At the end of the training, the participants are expected to:
1. To learn the importance of a Risk-Based Compliance Management
2. To understand the Compliance Risk Management Framework
3. To identify the key activities in Compliance Risk Management Cycle
4. To know how to prepare a Risk-Based Compliance Program and Testing
SCOPE AND LIMITATIONS
The course covers key compliance principles and areas of activities to be
conducted by the Chief Compliance Officer leading to the preparation of a
Risk-Based Compliance Program, Assessment, Reporting and Monitoring bank’s
compliance to laws, regulations, and internal policies.
PROGRAM OF INSTRUCTION
The training involves lecture/discussion of the importance aspects of
risk-based compliance framework and step-by-step hands-on preparation of a
Risk-Based Compliance Program, Assessment, Testing, Reporting and
On the second day, participants must bring sample CREDIT or AML Policies,
USB and laptop.
In this connection, we would like to enjoin rural banks, to send their
Chief Compliance Officer, Compliance Staff, and Senior Management to
attend the seminar.
Registration fee per participant:
a) Five Thousand Five Hundred Pesos only (P5,500.00) on or before October
b) Six Thousand Pesos Only (P6,000.00) after October 26, 2018.
c) Registration will cover meals (2 snacks and lunch) per day.
b) Expenses incurred to and from venue and accommodation should be borne
by the participants.
For your reservations, kindly submit to us the following not later than
November 7, 2018:
1. Registration form of the participant(s) duly endorsed by the bank’s
2. Payments can be remitted to the MOBCI-FRB c/o MINDANAO CONSOLIDATED
COOPERATIVE BANK, bank account Land Bank of The Philippines (LBP) Savings
Account Number: 2412-0000-67. Proof of payment (i.e., deposit slip) should
be sent immediately to MOBCI-FRB via e-mail (firstname.lastname@example.org) for
verification. For check payments, check should be payable to
MOBCI-Federation of Rural Banks;
Only those rural banks that have complete requirements will be given
reservation. Please be advised that we will be accepting up to fifty (50)
participants only. We reserve the right to limit the number of
participants to a manageable level. Participants will be accepted on a
For your reservation, please call: 0915-712-1915/ (088)856-1550 and look
for Ms. Jaelemmor Khriel Kimura, the MOBCI-FRB recording secretary.
Participants who have paid but fail to show up for the seminar will only
be entitled to a rebate of 50% of the total registration fee. This is a
Thank you very much!