Risk Assessment Criteria / Parameters

Condition / Parameter
No.
Nature of High Risk Activities

Regulatory reports that are mandatory and non

1 submission will expose the bank to monetary penalties

2 ROE Directives

3 Letter of Commitments that are due for the year

Compliance requirements that are tied up to the banks

strategic plan. Example of this is branch or branch lite
4 application.

Mandatory Compliance Activities i.e Independent

5 Compliance Testing

6 Periodic reporting to the Board Audit Committee / Board

Parameter

Normal Risk

Regulatory Reports that are

transactional in nature

ROE Directives that are not yet due

for the year

Items in the Letter of Commitments

that are not yet due for the year
Risk based Compliance Program / Plan
Rural Bank of RBAP
For the year 2022

No. Source Document Information Gathered

List of reports that the bank should

1 Regulatory Report Matrix submitt to the BSP
 Compliance Requirement Mandatory or Not

Submit the report on time and accurate Yes

 Deadline / Target Date of
Compliance Risk Assessment

various dates