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About The Bank

The BSP's Organizational Structure
as of 31 December 2016

The Supervision and Examination Sector

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1. Inclusive Finance Advocacy Office (IFAO)

  • Focuses on advocacy work with financial institutions to promote sustainable methods in the delivery of microfinance and the small and medium enterprise banking services;
  • Develops evidence-based policies; and
  • Provides technical support to internal and inter-agency committees to support building an inclusive financial system.

2. Central Administrative Services Group

  • Undertakes sector-wide services relating to personnel, budget and finance, records, facilities, property and supplies, and frontline services administration of the SES

3. SES Technical Services Staff

  • Provides immediate advisory services to the SES Deputy Governor and to the SES operating units on matters with technical, legal and compliance dimensions, and assistance on various activities arising from the conduct of supervisory and regulatory functions

4. SES Operations Management Group

  • Responsible for the overall coordination of SES training activities
  • Assists in the deployment of appropriate human resources to scheduled on-site examinations

Financial Supervision Research and Consumer Protection Sub-Sector

1. Financial Consumer Protection Department

  • Serves as the Bank’s principal consumer protection unit which shall ensure the protection of financial consumer rights by formulating related policies and standards, assessing supervised financial institutions’ adherence to the said standards, and implementing financial learning programs and the BSP consumer assistance mechanism

2. Office of Supervisory Policy Development

  • Central policy research and development unit of the Sector

3. Supervisory Data Center

  • Serves as the central collection, quality assurance, processing, and distribution point of all financial sector data coming into or being released by the Sector

Supervision and Examination Sub-sector I

1. Central Point of Contact Departments I and II

  • Maintains the Institutional Overview (a document that represents a continuously up-dated report of examination), handles critical requests of banks and non-banks that require BSP approval, and supports implementation of new supervisory processes and concerns
  • Maintains updated information on the plans and structure of the consolidated organization, including overall operations and the nature and extent of inter-company relationships within the consolidated institution

2. Examination Departments I and II

  • In-charge of the on-site examination of:
    • universal banks and their subsidiaries/affiliates;
    • commercial banks and their subsidiaries/affiliates;
    • foreign banks and their subsidiaries/affiliates; and
    • thrift, cooperative, and rural banks

3. Core Information Technology Specialist Group

  • Conducts information technology (IT) supervision and examination of banks and non-bank financial institutions, including payments systems; and
  • Ensures a safe and sound cyber-security environment for the Philippine financial services industry through cyber-security surveillance and oversight.

4. Trust Specialist Group

  • Examines risk exposure that may arise from trust, other fiduciary business, and investment management activities of financial institutions

5. Capital Markets Specialist Group

  • Examines capital market activities of BSP-supervised financial institutions, including treasury operations, market and liquidity risk management, and trading of capital markets products  

Supervision and Examination Sub-sector II

1. Central Point of Contact Departments III and IV

  • Maintains the Institutional Overview (a document that represents a continuously up-dated report of examination), handles critical requests of banks and non-banks that require BSP approval, and supports implementation of new supervisory processes and concerns
  • Maintains updated information on the plans and structure of the consolidated organization, including overall operations and the nature and extent of inter-company relationships within the consolidated institution

2. Examination Departments III and IV

  • In-charge of the on-site examination of:
    • universal banks and their subsidiaries/affiliates;
    • commercial banks and their subsidiaries/affiliates;
    • foreign banks and their subsidiaries/affiliates; and
    • thrift, cooperative, and rural banks

3. Anti-Money Laundering Specialist Group

  • Examines financial institutions with operations that present a higher risk of money laundering activities

4. Micro, Small and Medium Enterprise Finance Specialist Group

  • Examines banks that have adopted a business model dedicated to or highly exposed to micro, small, and medium enterprises

Supervision and Examination Sub-sector III

1. Integrated Supervision Department I

  • Monitors and supervises non-bank financial institutions, including investment houses with quasi-banking and/or trust license, and non-stock savings and loans associations

2. Integrated Supervision Department II

  • Supervises and examines banks through:
    • Off-site maintenance and updating of Institutional Overviews and Briefers, risk profiling, evaluating and processing banks’ requests and applications, and monitoring compliance with BSP directives and bank-committed undertakings; and
    • Conduct of on-site examination