COMPLIANCE OFFICER’S DEVELOPMENT TRAINING
Date: May. 03-04, 2019 (Fri.-Sat)
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 only – P4,600 /person
2. Non-Member/Delinquent – P5,100 / person
MODE OF PAYMENT
Check payable to:
Rural Bankers Research & Development Foundation Inc.
Non-Refundable commitment fee of P2,300.00 per participant.
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:April 25, 2019
Course Overview & Objective:
Subsection X180 of the MORB stated that BSP Supervised Financial
Institutions are required to establish a dynamic and responsive
compliance risk management system, which should also be part of the
culture and risk governance framework of the 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 Cir 972 by
reviewing/ improving their existing compliance program/manual and make
them adequate in every aspect;
3. To guide the Chief Compliance Officers with their role in the
compliance risk management system, particularly on the preparation of
complianceprogram.
Course Outline
First Day
Brief Discussion of BSP Cirs. 598,747, 972
Compliance Risk Management
Compliance Function
Compliance Program
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
Responsibilities of Board and Senior Management
MORB Awareness
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. 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/Volun
Cir. 950 Amendments to Part 8 – Anti-Money Laundering Regulations of MORB
Please register through this LINK:
