The Bangko Sentral ng Pilipinas (BSP) on Friday announced the successful conclusion of the Fourth Financial Conglomerate Supervisory College, a key initiative under the Financial Sector Forum (FSF) to strengthen oversight of financial conglomerates and uphold financial system stability.
According to BSP governor Eli M. Remolona, Jr., who chairs the FSF and leads the college, the initiative reflects a sustained commitment to coordinated, cross-sectoral supervision. The latest round, which began in October 2024 and concluded in May 2025, resulted in updated supervisory plans and harmonized risk assessment frameworks to guide regulatory activities across agencies.
The college—comprising the BSP, Securities and Exchange Commission (SEC), Insurance Commission (IC), and Philippine Deposit Insurance Corporation (PDIC)—focused on aligning risk evaluations, enhancing data analysis, and prioritizing entities with significant systemic impact.
The FSF also confirmed that the Fifth Supervisory College will commence in the second half of 2025, continuing its efforts to safeguard the resilience of the country’s major financial conglomerates amid an evolving economic landscape.
