The BSP's Organizational Structure
as of June 2009

The Executive Management Services

1. Office of the Secretary, Monetary Board

• Provides administrative and secretarial services to the Monetary Board.

2. Office of the General Counsel and Legal Services

• Prepares opinions and rulings for the MB, the Governor, and the Deputy Governors on matters relating to policies, functions, operations and regulations of the Bank; and
• Prosecutes or defends cases involving the BSP, the MB, and Management in judicial and administrative proceedings.

3. Office of Special Investigation

• Evaluates bank irregularities and anomalies noted in the examination reports submitted by examining departments.

4. Internal Audit Office

• Monitors the internal control system of the BSP;
• Reviews and appraises the effectiveness of operating control systems; and
• Monitors utilization of security materials, disposal of production wastes, and receipt of gold and other precious metals at the SPC.

5. Treasury Department

• Manages the BSP’s international reserves at a level and a mix that allows the BSP to meet any demands for foreign currency;
• Undertakes open market operations and transacts with accredited government securities dealers and the rest of the members of the banking system in pursuit of strategies for the development of an active secondary market for government securities; and
• Participates in the Philippine Dealing System to ensure the competitiveness of the Philippine peso and its convertibility into other acceptable foreign currencies.

6. Systems and Methods Office

• Ensures a well organized and integrated bankwide effort to develop and maintain efficient systems and procedures; and
• Provides recommendations along the areas of manualization, business process reengineering, and systems support.

7. Corporate Planning Office

• Provides technical support to Management in the formulation and application of strategic plans and practices and in the development of guidelines/policies in preparation for departmental work plans.

8. BSP Staff in the Anti-Money Laundering Council Secretariat

• Assists the Anti-Money Laundering Council in implementing the provision of the Anti-Money Laundering Law, otherwise known as Republic Act 9160;
• Receives transaction reports from covered institutions, investigates suspicious transactions, and causes the filing of complaints with the Department of Justice or the Ombudsman for the prosecution of money laundering offenses; and

  Under the Anti-Money Laundering Law, all members of the Secretariat are considered regular employees of the BSP.

  A manpower pool for the AMLC Secretariat was created in the Office of the Governor (OG) to address the problem of recruiting qualified personnel with a minimum of five-year residency either in the BSP, Securities and Exchange Commission, or Insurance Commission (as required by RA 9160).

  All positions in the Pool shall be abolished upon the appointment of their incumbents to corresponding positions at the AMLC Secretariat.

9. Risk Management Office

• Aggregates the various risk exposures of the Bank;
• Identifies appropriate risk control measures; and
• Ensures that appropriate risk management practices are being implemented at all times.

10. Corporate Affairs Office

• Implements the public relations and advertising programs of the BSP to promote and enhance its corporate image.