Amendments to the Manual of Regulations for Non-Bank Financial Institutions on the Enhancement of Corporate Governance Guidelines for Non-Stock Savings and Loan Associations

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APP. S-2 LIST OF REPORTS REQUIRED FROM NON-STOCK SAVINGS AND LOAN ASSOCIATIONS (Appendix to Sec. 134-S and Sec. 135-S) Category Form No. MOR Ref. Report Title Frequency Submission Deadline Submission Procedure A-2 Unnumbered 131-S Certification under oath of Upon election as 20th business day after date Electronic/online to (no prescribed trustees that they have received first-time of election appropriate form) copies of the general responsibility trustee within department of the SES and specific duties and an NSSLA responsibilities of the board of trustees and of a trustee and that they fully understand and accept the same xxx xxx xxx xxx xxx xxx xxx B Unnumbered 131-S Verified statement of After election or 7th business day as changes Electronic/online to (no prescribed trustee/officer that he/she has all appointment occur or after appropriate form) the qualifications and none of the and as changes election/appointment department of the SES disqualifications occur xxx xxx xxx xxx xxx xxx xxx Electronic online to B SES II Form 15 134-S Biographical Data of Trustees/ Upon every 20th business day from date appropriate (NP08-TB) (As amended by Officers mentioned in Subsection election/ re- of election/re-election of the department of the FSS Cir. No. 758 dated 132-S with ID picture election or trustees/meeting of the board 05.11.12, M-024 appointment/ of trustees in which the dated 07.31.08 promotion or if officers are appointed/ and Cir. No. 887 change in name promoted dated 10.07.15) or residential address occurs xxx xxx xxx xxx xxx xxx xxx

APP. S-19 Documentary Requirements to be Submitted to Bangko Sentral for the Election/Appointment of Trustees/Officers of NSSLAs1 (Appendix to Sections 134-S and 135-S) Requiring Bangko Sentral Confirmation2 Not Requiring Bangko Sentral Confirmation Trustees Chief Executive Officer and Other Officers enumerated in Officers below the rank of Senior Vice President Sec. 134-S3 requiring a different set of minimum qualifications4 • Letter-request for Bangko Sentral • Letter-request for Bangko Sentral confirmation signed by confirmation signed by authorized authorized officer with an affirmative statement that the officer5 with an affirmative statement institution has conducted a fit and proper test on the officer/s that the institution has conducted fit concerned and proper test on the trustee/s concerned • Secretary’s Certificate attesting to the resolution of the board of trustees approving the appointment • Secretary’s Certificate attesting to the resolution of the members or board of trustees approving the election • Bio-data with a photograph (2” x 2”) • Bio-data with a photograph (2” x 2”) taken within the last six • Bio-data with a photograph (2” x 2”) taken within the taken within the last six (6) months (6) months last six (6) months • Certification under oath of the trustee • Certification under oath of the officer concerned that he/she concerned that he/she possesses all possesses all the qualifications and none of the the qualifications and none of the disqualifications to become an officer disqualifications to become a trustee • For first-time trustees in a particular • For first-time officers to be subject to Bangko Sentral NSSLA as defined in Sec. 134-S: confirmation in a particular NSSLA as defined in Sec. 134-S of 1 To be submitted within twenty (20) business days from date of election/re-election/appointment/promotion to the appropriate department of the FSS 2 Including those exempted from the required Bangko Sentral confirmation as provided in Section 134-S 3 E.g., treasurer, heads of internal audit, risk management, and compliance functions, and other officers with rank of Senior Vice President and above 4 E.g., Security Officer 5 Authorized signatory is the Chief Executive Officer of the institution, except for appointment of CEO, in which case the authorized signatory shall be the Chairman of the Corporate Governance Committee or of the Board of Trustees, as may be applicable. For those exempted from the required Bangko Sentral confirmation as provided in Sec. 134-S, submit statement that the institution has conducted a fit and proper test on the trustee/officer concerned.

APP. S-19 2 Requiring Bangko Sentral Confirmation Not Requiring Bangko Sentral Confirmation Trustees Chief Executive Officer and Other Officers enumerated in Officers below the rank of Senior Vice President Sec. 134-S3 requiring a different set of minimum qualifications4 a. Copy of certificate of attendance the MORNBFI: in Corporate Governance seminar b. Certification under oath that the trustee has received copies of the general responsibility and specific duties and responsibilities of the board of trustees and of a trustee and that he/she fully understands and accepts the same c. Duly accomplished and notarized authorization form for querying the Bangko Sentral watchlist file a. Duly accomplished and notarized authorization form for from the trustee concerned querying the Bangko Sentral watchlist file from the officer concerned • For re-elected trustees, Secretary’s • Brief description of his/ her duties and responsibilities • Brief description of his/her duties and responsibilities Certificate on the attendance by the trustee concerned to the board meetings held for the last twelve (12) months covering the term of service, indicating percentage of attendance to board meetings