Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
BSP issues guidelines for operational resilience
The Philippine Star
|November 02, 2024
The Bangko Sentral ng Pilipinas (BSP) has issued new guidelines for banks and financial institutions to further enhance their operational resilience against shocks or disruptions.
-
The BSP, in Circular 1203 signed by BSP Deputy Governor Bernadette Romulo-Puyat, said the guidelines on operational resilience aim to foster continuous delivery of financial services, which supports sustainable economic growth.
"The guidelines aim to promote and strengthen the BSP-supervised financial institutions (BSFIs) ability to manage and mitigate the impact of disruptions, particularly on their critical operations," it said.
Based on the circular, BSFIs should prepare their operational resilience framework on a solo and group-wide basis as applicable.
The group-wide framework should include the parent bank and all its material entities such as subsidiaries.
Denne historien er fra November 02, 2024-utgaven av The Philippine Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Philippine Star
The Philippine Star
CHAIRS ARE ABOUT DESIGN, MEMORY, HISTORY AND POWER
Chairs hold so much memory.
2 mins
December 20, 2025
The Philippine Star
DoubleDragon ready to pursue next phase of growth
DoubleDragon Corp., the property developer chaired by tycoons Edgar “Injap” Sia Il and Tony Tan Caktiong, is unleashing its next phase of growth, which it intends to achieve over the next decade.
2 mins
December 20, 2025
The Philippine Star
Davao City bypass road opened
The Davao City coastal bypass road was opened to motorists yesterday morning, Malacañang announced.
1 min
December 20, 2025
The Philippine Star
The gift of time
What does everyone have in equal portions, whether young or old, rich or poor, male or female?
4 mins
December 20, 2025
The Philippine Star
Thai queen wins gold in team sailing
The queen of Thailand on Thursday won a gold medal in sailing at the Southeast Asian Games, a regional competition being held in her country this month.
1 min
December 20, 2025
The Philippine Star
BSP profit down in 9 months
The earnings of the Bangko Sentral ng Pilipinas (BSP) dropped by 14 percent to P94.3 billion as of end-September from P109.7 billion a year earlier, weighed down by a sharp fall in miscellaneous income and lower overall revenues.
1 mins
December 20, 2025
The Philippine Star
PEZA poised for strong finish; approvals surpass 2024 total
The Philippine Economic Zone Authority (PEZA) is on track to close the year on a high note as the total approved investments already surpassed 2024’s full-year figure.
1 mins
December 20, 2025
The Philippine Star
HPG intercepts P143-M smuggled cigarettes
Over 2,000 boxes of smuggled cigarettes valued at P143 million were seized by the Highway Patrol Group in Quezon City on Wednesday, the Department of the Interior and Local Government announced yesterday.
1 min
December 20, 2025
The Philippine Star
OF REMARKABLE BREAKTHROUGHS
Global beauty expert DMark Beauty Corporation, under the visionary leadership of its CEO and beautypreneur Nikki Tang, hosted an illuminating scientific symposium titled “Skin Pigmentation GPS: Gems for Pathophysiology and Solutions” at the elegant Grand Ballroom C of Shangri-La The Fort, Manila in Bonifacio Global City, Taguig City.
1 min
December 20, 2025
The Philippine Star
Living the spirit of the original Noche Buena
The recent P500 Noche Buena announcement by the Department of Trade and Industry has caught a lot of attention.
3 mins
December 20, 2025
Listen
Translate
Change font size