The Daily Tribune
FSF wraps up 4th Supervisory College, eyes 5th
The Financial Sector Forum (FSF), comprising the Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC), Insurance Commission (IC), and Philippine Deposit Insurance Corp. (PDIC), has concluded its Fourth Financial Conglomerate Supervisory College.
Launched in October 2024, this initiative aims to strengthen the supervision of financial conglomerates to maintain the stability of the Philippine financial system.
The results of the Fourth Supervisory College were presented during the FSF Principals' meeting on May 30.
The FSF has announced plans to launch its fifth supervisory college in the second half of 2025, continuing its work on enhancing cross-sectoral supervision.
BSP Governor Eli Remolona Jr. highlighted the program's value in demonstrating commitment to effective oversight through collective action and a harmonized approach to risk management.
The supervisory college involves in-depth discussions among financial regulators to assess the risk profiles of financial conglomerates.
These discussions focus on aligning supervisory risk assessment frameworks and developing supervisory plans for strategically significant subsidiaries and affiliates.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.