FSO BCM holds second leg of webinar series

The SGV Financial Services Organization Banking and Capital Markets (FSO BCM) sector conducted the second part of the FSO BCM Webcast Series titled “Planning for the Complexities of an Uncertain Future: Stress Testing and Stimulus Transmission Framework” on 1 June. The session presented pandemic scenarios in banks’ stress-testing exercises that could help financial institutions understand the pandemic’s level of impact on their asset quality, profitability, capital levels and liquidity, and the tactical and strategic planning considerations for financial institutions.

Financial Services Organization Consulting (FSO Consulting) and Government and Public Sector (GPS) Partner Christian Lauron welcomed participants composed of finance, risk management, internal audit and compliance professionals from different financial institutions. He also presented the current key themes in the BCM sector and the stimulus transmission framework and its monetary, regulatory, and fiscal policies and actions. FSO Consulting Senior Manager Janice Joy Agati discussed the global and local policy responses to the pandemic.

Speakers at the FSO BCM webinar

FSO and Tax Partner Allan Exclamador discussed the salient features of the Bayanihan to Heal as One Act (Republic Act No. 11469) and other pending legislation, including their tax and economic implications. FSO Consulting Manager Saldy Cabarubias demonstrated how to use the stress testing method to analyze the