November 2015

Risk Based Audit Methodology – Jan 15-16 2016

Date: Jan. 15-16, 2016 (Fri-Sat.) Venue: Gov. Licaros Hall, RBAP, Intramuros, Time: 8:30am to 5:00pm RESOURCE PERSON MR. GIL M. SORITA, CPA, CIA,CISA, MBA Bank Executive Officer, Accredited External Quality Assurance Validator for Internal Audit Activity SEMINAR FEE 1. For Member only a. Early bird – P4,500 (on or before Dec 18 2015) b. Regular …

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Corporate Governance for Bank Directors Seminar -Dec 14-15, 2015

FOR : ALL PARTICIPATING RURAL BANKS SUBJECT : CIRCULAR LETTER : BASIC COURSE ON CORPORATE GOVERNANCE FOR BANK DIRECTORS The Rural Bankers Association of the Philippines (RBAP), through the Rural Bankers’ Research and Development Foundation, Inc. (RBRDFI) is pleased to announce that it will conduct the seminar-workshop described below as part of its continuing strategy …

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BSP Circular No. 891: Sales and Marketing Guidelines for Financial Products

TO: ALL RURAL BANKS RE: SALES AND MARKETING GUIDELINES FOR FINANCIAL PRODUCTS Dear Rural Bankers, The Bangko Sentral ng Pilipinas through its Monetary Board Resolution No. 1811, dated 29 October 2015, approved the following guidelines governing the sales and marketing of financial products, which replaces the sales and marketing guidelines for derivatives under Appendix 26 …

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BSP Memorandum No. M-2015-040: Prohibition Against Disclosure of the Report of Examination (ROE) and the Contents Thereof

TO: ALL RURAL BANKS RE: PROHIBITION AGAINST DISCLOSURE OF THE REPORT OF EXAMINATION (ROE) AND THE CONTENTS THEREOF Dear Rural Bankers, The Bangko Sentral ng Pilipinas (BSP) reminds all BSP-Supervised Financial Institutions (BSFIs) that the ROE is the property of the BSP and is furnished to BSFIs for their use only. Accordingly, BSFIs, their directors …

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BSP Circular Letter No. CL-2015-068: Proposed Templates of Articles of Merger and Articles of Consolidation of Banks

TO: ALL RURAL BANKS RE: PROPOSED TEMPLATES OF ARTICLES OF MERGER AND ARTICLES OF CONSOLIDATION OF BANKS Dear Rural Bankers, The Bangko Sentral ng Pilipinas (BSP) has recently issued Circular Letter No. CL-2015-068 with reference to the subject cited above to guide banks intending to merge or consolidate. The central bank has provided templates of …

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BSP Memorandum No. M-2015-039: Regulatory Relief for Banks/Non-Bank Financial Institutions with Quasi-Banking Functions (NBQBs) Affected by Typhoon “Lando”

TO: ALL RURAL BANKS RE: REGULATORY RELIEF FOR BANKS/ NON-BANK FINANCIAL INSTITUTIONS WITH QUASI-BANKING FUNCTIONS (NBQBs) AFFECTED BY TYPHOON “LANDO” Dear Rural Bankers, The Bangko Sentral ng Pilipinas (BSP), following the approved resolution of the Monetary Board, have issued a memorandum granting temporary regulatory and rediscounting relief measures to banks/ NBQBs with head offices (HOs) …

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RBAP 58th Charter Anniversary Symposium Presentations

Day 1 1. Keynote Speech – BSP Deputy Governor Nestor A. Espenilla, Jr. – DG Espenilla_Keynote Speech 2. Session 1 – Ms. Nataliya Mylenko of WB Group – Session 1_Mylenko 3. Session 3 – Mr. Resty Cruz of BSP – Session 3_Resty Cruz_Presentation 4. Session 4 – Mr. Anthony Joseph Lucero of PAGASA – http://we.tl/HKypjUUxO5 …

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BSP Advises the Public on the Banks’ Schedule of Operations During the 4-Day APEC Holidays

The Bangko Sentral ng Pilipinas (BSP) advises the public on the schedule of operations of banks during the four (4)-day Asia Pacific Economic Cooperation (APEC) summit. This is in light of Proclamation No. 1072 declaring 18 and 19 November 2015 as Special (Non-Working) Days in the National Capital Region (NCR); and Memorandum Circular No. 84 …

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