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                    [ArticleID] => 317688
                    [Title] => MB okays new rules on management of risks, bank reporting schemes
                    [Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the issuance of three circulars on managing risks and reporting schemes of banks.


MB chairman and BSP Governor Amando Tetangco Jr. said they have approved the release of new guidelines on Information Technology (IT) Risk Management.


Tetangco said through this issuance, the BSP wants banks to have an IT risk management process that can effectively identify, measure, monitor and control their technology risk exposure.


                    [DatePublished] => 2006-01-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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CORE INFORMATION TECHNOLOGY SERVICES UNIT

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                    [ArticleID] => 317688
                    [Title] => MB okays new rules on management of risks, bank reporting schemes
                    [Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the issuance of three circulars on managing risks and reporting schemes of banks.


MB chairman and BSP Governor Amando Tetangco Jr. said they have approved the release of new guidelines on Information Technology (IT) Risk Management.


Tetangco said through this issuance, the BSP wants banks to have an IT risk management process that can effectively identify, measure, monitor and control their technology risk exposure.


                    [DatePublished] => 2006-01-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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MB okays new rules on management of risks, bank reporting schemes

By Donnabelle L. Gatdula | January 21, 2006 - 12:00am

The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has approved the issuance of three circulars on managing risks and reporting schemes of banks. MB chairman and BSP Governor...

Business