July 17, 2006
TO : ALL RBAP CONFEDERATIONS/FEDERATIONS
FROM : GEN. WILLIAM K. HOTCHKISS III (Ret.), President (AD INTERIM)
SUBJECT : COMMENTARY ON BSP’s EXPOSURE DRAFT ON THE PROPOSED MARKET AND LIQUIDITY RISK MANAGEMENT CIRCULAR
We are sending the exposure draft on the proposed circular on Market and Liquidity Risk Management which the BSP is seeking our commentary as a banking sector. Please forward your comments to RBAP at email@example.com.
We appreciate receiving your comments by July 21, 2006 so that we can relay / discuss them with the appropriate department in the BSP.