BSP Circular 1114: Guidelines on Reputational Risk Management

COURSE DESCRIPTION

Reputation plays a crucial role in maintaining the soundness and sustainability of the banking and financial services business. This webinar will provide an overview of the BSP's supervisory expectations and the minimum prudential requirements on the reputational risk management framework of its supervised financial institutions or BSFIs pursuant to BSP Circular No. 1114.

COURSE OUTLINE

I. Background

a. Policy Objectives

b. Scope of Application

c. Transitory Provision

II. Relevant Concepts

a. Definition and Sources of Reputational Risk

III. Supervisory Expectations on the Reputational Risk Management of BSFIs

a. Roles and Responsibilities for Managing Reputational Risk

b. Reputational Risk Management Function

c. Reputational Risk Management Process

d. Crisis Preparedness and Resolution

e. Supervisory Enforcement Action

TIME SCHEDULE:

March 15, 2023 (Wednesday)

2:00 PM – 4:00 PM

SUBJECT MATTER EXPERTS:

Rhodora M. Brazil-De Vera

Deputy Director

Supervisory Policy and Research Department

Bangko Sentral ng Pilipinas

Joelyn P. Cuchapin

Bank Officer V

Supervisory Policy and Research Department

Bangko Sentral ng Pilipinas

Joan N. Castillanes

Bank Officer II

Supervisory Policy and Research Department

Bangko Sentral ng Pilipinas

TRAINING FEE PER PARTICIPANT:

From Member Institution – P2,800.00

From Non-Member Institution – P3,920.00

**VAT Inclusive