The Bangko Sentral ng Pilipinas (BSP) reminded yesterday banks and financial institutions on managing operational risks through stricter internal controls as well as rotation of employees. BSP Deputy Governor Chuchi Fonacier said banks should comply with Circular 900 issued in 2016 pertaining to the guidelines on operational risk management.
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The message is clear: organisations must be held accountable for their social and environmental footprint. Therefore, it’s inevitable that speaking up becomes the next social…
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