Description
Objective/Brief Description:
The objective of the course is to discuss the salient features of Circular No. 1153 and ongoing initiatives shaping its implementation. This webinar will explore the Regulatory Sandbox Framework’s key elements, its coverage and application, and operational guidelines, among others.
The Regulatory Sandbox Framework under BSP Circular No. 1153 fosters an enabling environment for responsible innovation to promote the development of an inclusive digital financial ecosystem that is complemented by a sound risk management system.
The BSP has embraced transformative and game-changing technologies over the years through a “test-and-learn” approach. The institutionalization of this approach, via the adoption of the regulatory sandbox framework, aims to foster a more active, evidence-based, and results-driven evaluation of new and emerging financial solutions.
Course Outline:
- Policy Statement and Objective
- Coverage
- Oversight Framework
- Operational Guidelines (Four-stage Process)
- Alternative Approaches
- Q&A
With Opening Remarks from
MS. LYN I. JAVIER
Assistant Governor
Policy & Specialized Supervision Sub-Sector
Bangko Sentral ng Pilipinas
Resource Speakers from the BANGKO SENTRAL NG PILIPINAS:
MR. WILLIAM CHARLES B. GALVEZ
Bank Officer V
Technology Risk and Innovation Supervision Department
MR. KIM JAYSON V. TORDA
Bank Officer V
Technology Risk and Innovation Supervision Department
MS. ALYSSA JOYCE Y. TOBIAS
Bank Officer II
Technology Risk and Innovation Supervision Department
Date/Time: May 30 2025 (Friday) 1:00 PM to 3:30 PM
Target Participants:
- Members of the Board of Directors and Senior Management
- Chief Risk Officers and Staff of Risk Management Offices
- Credit Risk Officers and Staff
- Branch Banking Sector Heads and Regional/Branch Heads and Branch Personnel
- Compliance Officers and Staff of Compliance Office
- Chief Legal Officers and Lawyers
- Internal Auditors, Officers and Staff of Internal Audit Offices
- Officers and Employees of Anti-Money Laundering Compliance Units/Offices
- Corporate Governance Officers
- Officers/Personnel from Consumer Protection Assistance Department
- Information Technology (IT) Heads and Officers/Staff
- Officers and Staff involved in managing Fraud Management System
Training Fee per Participant:
Member Institution – Php 2,800.00
Non-Member Institution – Php 3,920.00
*VAT inclusive