The Bankers Institute of the Philippines, Inc. (BAIPHIL) has recently been receiving multiple reports of fraudulent claims using the institution and our members. Thus, we are formally warning the public to stay vigilant and be on the lookout for texts, calls or emails. Please be informed as follows on the post below.

The public is urged to report these schemes and other related unauthorized transactions to the Anti-Fraud Division of the National Bureau of Investigation and Anti-Cybercrime Group of the Philippine National Police.

You may also send us an email at contact@baiphil.org

Thank you and stay cyber safe.

BAIPHIL, through its Governance, Legal, Regulatory and Compliance (GLRC) Course Committee, cordially invites you to the webinar on The Intricacies of AFASA and its Implementing Circulars, Explained by Resource Speakers from AFASA IRR-TWG of the Bangko Sentral ng Pilipinas. This program will be conducted online via Zoom with its second scheduled session on August 19, 2025 (Tuesday) from 9:00 AM to 4:00 PM.

Target Participants: Members of the BOD and SM, personnel of Compliance Office and Risk Management Office, branch personnel, bank lawyers and auditors, personnel handling compliance with AML requirements, IT and personnel handling financial consumer concerns.

BSP-supervised institutions, such as E-Money Issuers, Operator of Payment Systems (OPS), Credit Card Issuers, Pawnshops, NSSLAs, Remittance Companies, Foreign Exchange Dealers.

Also open to the general public.

Register here: https://forms.gle/qVgaqYRAswYDPGy26

AFASA’s IRR marks the beginning of a new regulatory era aimed at curbing financial scams and protecting consumers within the domestic financial system, with the BSP mandating stronger fraud controls and investigatory powers.

As the implementing rules and regulations take effect on June 25, 2026, is the industry truly ready to implement these expansive reforms across all operational levels?

Has your institution assessed its readiness to comply with AFASA’s operational requirements?

Read the full story: https://search.app/jdxeMhoyngy2qQFr5

Register here: https://forms.gle/qVgaqYRAswYDPGy26

BAIPHIL, through its Governance, Legal, Regulatory and Compliance (GLRC) Course Committee, cordially invites you to the webinar on BSP Circular 1153: Regulatory Sandbox Framework by Resource Speakers from the Bangko Sentral ng Pilipinas (BSP). This program will be conducted online via Zoom on May 30, 2025 (Friday) from 1:00 PM – 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, and Officers and Staff involved in managing Fraud Management System

Register here: https://forms.gle/51PCWJLNVnKU7c1L9

BAIPHIL, through its Governance, Legal, Regulatory and Compliance (GLRC) Course Committee, cordially invites you to the webinar on BSP Circular 1122: Open Finance Framework by Resource Speakers from BSP, Mr. Anatoly D. Gusto, Bank Officer V and Mr. Gerald R. Daval-Santos, Bank Officer II of the Technology Risk and Innovation Supervision Department. This program will be conducted online via Zoom on May 23, 2025 (Friday) from 1:00 PM – 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, Credit and Lending Officers and/or Relationship Managers, Officers and Employees of Anti- Money Laundering Compliance Units/Offices, Corporate Governance Officers, Investment/Treasury Heads and Officers/Staff, Officers/Personnel from Consumer Protection Assistance Department/Unit, Information Technology (IT) Heads and Officers/Staff, Human Resource Management Department Heads and Officers/Staff and Officers and Staff involved in managing Fraud Management System

Register here: https://forms.gle/c3622V6EgNpbe7gTA