08:00 - 08:30
Registration and Networking
08:45 - 10:45
Keynote/PS1: Regulatory Framework or Priorities and Latest Issuances
Considering the rapidly evolving non-bank financial services industries, understanding the current regulatory environment, and equipping them with the knowledge to be able to proactively hel...
Considering the rapidly evolving non-bank financial services industries, understanding the current regulatory environment, and equipping them with the knowledge to be able to proactively help in the compliance programs and uphold the integrity and stability of their organization are paramount for internal auditors. This session will tackle the regulatory framework or focus and the latest regulations and other key updates or changes from various regulators such as the Insurance Commission, Bangko Sentral ng Pilipinas, Anti-money Laundering Council, and Securities and Exchange Commission governing the Non-Bank Financial Institutions (NBFIs). By the end of this session, internal auditors will gain insights on the regulatory trends, key compliance requirements, risk management practices, and the implications for operational strategies that will help them in developing effective auditing techniques to evaluate compliance and ensure regulatory alignment of their NBFI organization.
*subject to change
view more 11:00 - 12:00
PS2: Raising the Bar: Focus on Consumer Protection
In the recent years, the growth of digital products and availability of wider range of solutions and services in the financial services industry have driven the level of competition as well ...
In the recent years, the growth of digital products and availability of wider range of solutions and services in the financial services industry have driven the level of competition as well as the complexity of the risk landscape. Cognizant of these, Regulators have taken the initiative to ensure that the financial system operates in the best interest of the consumers and the wider economy through the issuance of the Financial Products and Services Consumer Protection Act. This session aims to provide a deep-dive understanding of the regulatory requirements and consequently provide insights how financial institutions would be able to cope-up with the increasing expectations from the regulators, media and the general public.
*subject to change
view more 13:00 - 14:00
PS3: Harnessing AI in Financial Services: Revolutionizing Internal Audits and Operational Processes in the Non-Banking Financial Sector
As artificial intelligence (AI) evolves, its transformative potential within the financial services (FS) industry becomes increasingly apparent. With mounting pressures from regulatory compl...
As artificial intelligence (AI) evolves, its transformative potential within the financial services (FS) industry becomes increasingly apparent. With mounting pressures from regulatory compliance and disclosure requirements, coupled with competing resources needed for high-impact and value-adding audits, leveraging advanced technologies like AI is game-changing. In this session, we will delve into how AI can reshape internal audits and streamline operational processes in non-bank financial institutions (NBFI). Specifically, we will explore the various processes in non-bank financial services where AI can be utilized, such as risk assessment, fraud detection, compliance monitoring, and data analysis. Join us to discover the future of AI in NBFI and learn how to achieve greater operational efficiency and earn the trust it deserves.
*subject to change
view more 14:00 - 15:00
PS4: Scaling for Success: Maximizing Data to Drive Decision-Making and Profitability
In today's rapidly evolving financial landscape, harnessing and leveraging data is paramount for achieving operational excellence and sustained profitability. In this session, let us delve i...
In today's rapidly evolving financial landscape, harnessing and leveraging data is paramount for achieving operational excellence and sustained profitability. In this session, let us delve into and address common challenges, e.g., legacy issues and data silos that hinder an organization's ability to make accurate and timely decisions. Let us also gain insights into effective data transformation strategies for valuable insights and optimum use, such as product modeling, pricing strategies, and market positioning. Finally, let us gain new perspectives on the role of internal auditors in this data-driven environment and how internal auditors can champion and help unlock the full potential of the organization's data assets.
*subject to change
view more 15:00 - 15:15
Afternoon Networking Break
15:15 - 16:15
PS5: Guardians of Trust: Enhancing Financial Crimes Prevention and Detection Capabilities in the Age of Advanced Technologies
In an era of rapid technological advancement and sophisticated fraud tactics, the financial services sector faces unprecedented challenges in safeguarding against sophisticated fraud schemes...
In an era of rapid technological advancement and sophisticated fraud tactics, the financial services sector faces unprecedented challenges in safeguarding against sophisticated fraud schemes and emerging threats like AI, deepfake technologies, phishing/smishing/vishing, cybersecurity, and data privacy breaches. The industry must continuously enhance its fraud prevention and detection capabilities to navigate this complex terrain and maintain trust in financial transactions.
Participants will delve into the intricacies of modern financial crimes, exploring the impact of artificial intelligence (AI) and deepfake technologies on fraud landscapes. Attendees will gain insights into cutting-edge fraud detection techniques, proactive measures, and strategies to mitigate against these emerging threats effectively.
*subject to change
view more 16:15 - 17:15
PS6: Earning Trust through Effective Risk Management Practices: Maturity Models, Emerging Trends, and Techniques
Earning stakeholder trust is essential in fostering financial diversity and inclusion in the country. A key driver of which is balancing stability and innovation in the non-bank financial se...
Earning stakeholder trust is essential in fostering financial diversity and inclusion in the country. A key driver of which is balancing stability and innovation in the non-bank financial services sector through an effectively managed risk management system. Successful risk identification and mitigation practices are not only accustomed to established standards and known risks but also receptive to continuous improvement and emerging risks. This session will delve and explore each risk management maturity level attributes, successful practices, emerging trends, and tools to gain clearer perspectives on the considerations and potential benefits in the current risk management approaches and relate these in identifying improvement strategies for optimal value to the organization and the industry.
*subject to change
view more 17:15 - 17:30
Closing Ceremonies / End of FSIACon