The BAIPHIL CIVA-ICAAP (Certification in Independent Validation | Audit of Internal Capital Adequacy Assessment Process) Program provides the individual ICAAP validator | auditor with the regulatory basis for assessing and validating management’s forward-looking assumptions and financial projections that have been translated from the bank’s articulated strategic goals, business objectives, and capital plan.
Now accepting registrations for the program. The Registration Process will be closed on Monday, 24 June 2024. Interested parties may register by scanning the QR code or by clicking on https://bit.ly/CIVA-ICAAP-2024. The signup procedure is short and straightforward. Once we receive your registration, the BAIPHIL CPD team will contact you.
Learn about the basic concepts of ML/TF/PF, legal and regulatory AML/CTPF landscape and updated AML/CTPF rules and regulations of the Philippines and BSP ML/TF/PF Risk Rating System and Enforcement Actions.
Course Outline:
Day/Speaker
Module Title/Topic
Time
Duration
SME
21 May 2024(Day 1)
BAIPHIL Prayer/Introduction
8:30 AM to 8:45 AM
15 mins
BAIPHIL
Speaker 1
Module IA – Chronicles of the Philippine Legal Framework on AML/CTPF
8:45 AM to 9:30 AM
45 mins
c/o Atty. Elmore O. Capule, Senior Assistant Governor and General Counsel, Bangko Sentral ng Pilipinas
Speaker 2
Module IB – – Salient features of the Philippine legal and regulatory framework (to clarify if covered by SAGGC EOC) – Basic concepts of ML/TF/PF definition and schemes – Philippine AML/CTPF Structure and Supervising Authorities – Supervision Function of the BSP – BSP AML Regulations (Updates as of 2023) – Memorandum to BSP Supervised FIs (Updates as of 2023)
9:30 AM to 10:45 AM
1 hour 15 mins
Atty. Leigh Vhon G. Santos, ManagerBSP
Break
10:45 AM to 10:55 AM
10 mins
Module IIA – Elements of a sound ML/TF/PF Risk Management Framework
10:55 AM to 11:50 AM
55 mins
Atty. Leigh Vhon G. Santos, ManagerBSP
Q&A
11:50 AM to 12:00 NN
10 mins
Q&A
22 May 2024(Day 2)- Speaker 3
BAIPHIL Prayer/Introduction
9:00 AM to 9:15 AM
15 mins
BAIPHIL
Module IIB – CDD on Onboarding (with Risk Profiling Activity) and Ongoing Monitoring (With Updates on Common AML/CTPF Observations on UKBs)
9:15 AM to 10:30 AM
1 hour 15 mins
Mr. Richard A. Bonsol,Bank Officer IVBSP
Break
10:30 AM to 10:40 AM
10 mins
Module IIB – CDD on Onboarding and Ongoing Monitoring (With Updates on Common AML/CTPF Observations on UKBs) – Continuation
10:40 AM to 11:50 AM
1 hour 10 mins
Mr. Richard A. Bonsol, Bank Officer IVBSP
Q&A
11:50 AM to 12:00 NN
10 mins
Q&A
23 May 2024(Day 3)- Speaker 4
BAIPHIL Prayer/Introduction
9:00 AM to 9:15 AM
15 mins
Prayer/Introduction
Module IIC – TFS, Freeze Order, Bank Inquiry/Transaction reporting/Record keeping/ Training
9:15 AM to 10:25 AM
1 hour 10 mins
Atty. Ma. Corazon B. Bilgera-Cordero,Manager, BSP
Break
10:25 AM to 10:35 AM
10 mins
Module III – MRAS and Enforcement Actions
10:35 AM to 11:50 AM
1 hour 15 mins
Atty. Ma. Corazon B. Bilgera-Cordero,Manager, BSP
Q&A
11:50 AM to 12:00 NN
10 mins
Q&A
This webinar is designed from the BSP’s perspective and role as regulator of Banks, to be facilitated by BSP’s AML Specialist Group (Financial Security Integrity Department). Participants will learn how to comply with BSPs regulations enforcing the AMLA, avoid exceptions and adverse findings, and get a higher AML rating. To further reinforce the learnings to be gained by the participants, a built-in workshop in the form of group discussion through breakout sessions is likewise incorporated in the program.
Resource Speaker:
Atty. Elmore O. Capule, Senior Assistant Governor and General Counsel, Bangko Sentral ng Pilipinas
Atty. Leigh Vhon G. Santos, Manager, Bangko Sentral ng Pilipinas
Mr. Richard A. Bonsol, Bank Officer IV, Bangko Sentral ng Pilipinas
Atty. Ma. Corazon B. Bilgera-Cordero, Manager, Bangko Sentral ng Pilipinas
The BAIPHIL will hold a FREE WEBINAR on Digitalization in Rural Banking, online via Zoom on March 4, 2024 (Monday, 1:00 PM – 4:00 PM). The Resource Speaker is Mr. Melchor T. Plabasan, Senior Director, Technology Risk and Innovation Supervision Department, Bangko Sentral ng Pilipinas.
The BAIPHIL’s Special Projects Committee will hold a FREE WEBINAR on Promoting and Supporting Mental Health in the Workplace, online via Zoom on March 8, 2024 (Friday, 9:00 AM – 11:00 AM). The Resource Speaker is Ms. Camille Anne L. Guevara, OTRP, Occupational Therapist.
