Awaiting product image

BSP Circular 1122: Open Finance Framework

Description

Objective/Brief Description:

The Open Finance Framework under BSP Circular 1122 accelerates financial innovation by enabling secure data sharing and interoperability. It empowers consumers with greater access to tailored financial products while allowing financial institutions and fintechs to optimize risk assessments, reduce costs, and unlock new revenue streams through standardized data access.

 

The Open Finance Framework is designed to put customers in the driver’s seat when it comes to their personal and financial data. It stimulates innovation, promotes financial inclusion, and ensures the stability and integrity of the financial system.

 

This webinar will explore the Open Finance Framework’s key elements, its impact on the financial sector, and ongoing initiatives shaping its implementation.

 

Course Outline:

  • Policy Objective
  • Coverage
  • Salient Features
  • Action areas
  • Q&A

 

With Opening Remarks from

MR. MELCHOR T. PLABASAN

Senior Director

Technology Risk & Innovation Supervision Department (TRISD)

Bangko Sentral ng Pilipinas

 

Resource Speakers from the BANGKO SENTRAL NG PILIPINAS:

 

MR. ANATOLY D. GUSTO

Bank Officer V

Technology Risk and Innovation Supervision Department

 

MR. GERALD R. DAVAL-SANTOS

Bank Officer II

Technology Risk and Innovation Supervision Department

 

Schedule: May 23, 2025 (Friday) 1:00 PM to 3:30 PM

 

Target Participants:

  1. Members of the Board of Directors and Senior Management
  2. Chief Risk Officers and Staff of Risk Management Offices
  3. Credit Risk Officers and Staff
  4. Branch Banking Sector Heads and Regional/Branch Heads and Branch Personnel
  5. Compliance Officers and Staff of Compliance Office
  6. Credit and Lending Officers and/or Relationship Managers
  7. Officers and Employees of Anti- Money Laundering Compliance Units/Offices
  8. Corporate Governance Officers
  9. Investment/Treasury Heads and Officers/Staff
  10. Officers/Personnel from Consumer Protection Assistance Department/Unit
  11. Information Technology (IT) Heads and Officers/Staff
  12. Human Resource Management Department Heads and Officers/Staff
  13. 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

 

REGISTER HERE!