MTE Jun 2026: Building Operational Resilience in the Philippines: A Hands-On Approach to BSP Circular 1203 Compliance

The Bangko Sentral ng Pilipinas has issued BSP Circular No. 1203 Series of 2024, establishing comprehensive guidelines on operational resilience for financial institutions in the Philippines.

These guidelines set clear expectations for banks and financial entities to strengthen their ability to withstand, adapt to, and recover from disruptions while continuing to deliver critical business services.

However, many organisations face a key challenge:

How do you translate regulatory requirements into a practical, structured, and implementable programme?

In this Meet-The-Expert session, Dr Goh Moh Heng will demystify BSP Circular 1203 and guide participants through a clear, step-by-step implementation approach using the BCM Institute’s Three-Phase Operational Resilience Planning Methodology - a proven framework adopted by financial institutions across multiple jurisdictions.

Bonus and Lucky Dip for Complimentary OR Draft: There will be a lucky dip to select five financial institutions operating in the Philippines, who will receive a sample set of BCM Institute's OR eBooks, contextualised to the implementation of OR for your organisation. 

This eBook is part of our complimentary material provided to our course participants before they attend the course.

The content includes a sample list of critical operations (or critical business services), the 15-stage approach your organisation should follow for implementation, and a sample detailed breakdown of a Critical Operation (or Critical Business Service) list, including requirements such as tolerance of disruption (impact tolerance), mapped interconnections and interdependencies, and scenario testing.

Synopsis

This webinar provides a practical interpretation of BSP Circular 1203 and bridges the gap between regulatory expectations and real-world implementation. Participants will be guided through a structured methodology covering the Plan, Implement, and Sustain phases of operational resilience.

Using real-world case study insights, the session demonstrates how financial institutions can:

• Identify and prioritise Critical Operations or Critical Business Services (CBS)
• Map dependencies across people, processes, technology, and third parties
• Establish impact tolerances or tolerance of disruption aligned with BSP Circular 1203 regulatory expectations
• Design and execute severe but plausible scenario testing
• Embed resilience into governance and day-to-day operations

Why This Webinar Matters

Operational resilience is no longer optional—it is a regulatory imperative and a strategic capability.

As this webinar focuses on compliance with BSP Circular 1203, priority to attend will be allocated to 2 seats per financial institution operating in the Philippines.

This webinar is critical because it:

• Translates BSP Circular 1203 from policy into practice
• Provides a structured roadmap rather than abstract concepts
• Helps organisations avoid common implementation pitfalls
• Aligns resilience initiatives with regulatory compliance and business objectives
• Demonstrates how to integrate BCM, risk management, cyber resilience, and third-party risk into a unified framework

For many BFSIs in the Philippines, this session will serve as the starting point for a compliant and sustainable operational resilience programme.

Key Discussion Points

Overview of BSP Circular 1203 and regulatory expectations

• Understanding  Critical Operations or Critical Business Services (CBS) in the Philippine context
• Applying the Three-Phase Operational Resilience Planning Methodology:
  • Phase 1: Plan
  • Phase 2: Implement
  • Phase 3: Sustain
• Mapping interdependencies across:
  • People
  • Processes
  • Technology
  • Third parties
• Setting Impact Tolerances (iTo) aligned with customer and regulatory impact
• Identifying Severe but Plausible Scenarios (SuPS)
• Conducting Scenario Testing (ST) for resilience validation
• Embedding governance, accountability, and continuous improvement

Who Should Attend

This webinar is designed for professionals across the Philippines financial sector, including:

• Board members and senior management
• Chief Risk Officers (CROs) and Risk Managers
• Business Continuity Management (BCM) professionals
• Operational Resilience leads and programme managers
• IT Disaster Recovery and Cybersecurity professionals
• Compliance and regulatory reporting officers
• Third-Party Risk Management specialists
• Internal auditors and assurance professionals

As regulatory scrutiny increases and operational disruptions grow in complexity, financial institutions must adopt a disciplined, structured, and practical approach to resilience.

Join Dr Goh Moh Heng in this exclusive Meet-The-Expert session to gain the clarity, tools, and confidence needed to implement operational resilience in line with BSP Circular 1203 on 18 June 2026. 

Dr Goh has had the privilege of training and certifying professionals leading ORs from institutions across North America, Europe, and Asia since the start of COVID-19.

IMPORTANT:

All BCM Institute-certified members are automatically eligible to attend, while each Philippine bank (non-member) is provided with 2 complimentary seats for this seminar.

We regret to inform you that the institute reserves the right to reject non-eligible participants.