10/07/2026
๐๐ถ๐ฑ ๐๐ผ๐ ๐ธ๐ป๐ผ๐ ๐๐ต๐ฎ๐ ๐๐ต๐ฒ ๐ฟ๐ฒ๐พ๐๐ถ๐ฟ๐ฒ๐บ๐ฒ๐ป๐ ๐ณ๐ผ๐ฟ ๐ฎ๐ป ๐ถ๐ป๐ฑ๐ฒ๐ฝ๐ฒ๐ป๐ฑ๐ฒ๐ป๐ ๐ฟ๐ฒ๐๐ถ๐ฒ๐ ๐ผ๐ณ ๐๐ง ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐๐ฒ๐บ๐ ๐ต๐ฎ๐ ๐ฏ๐ฒ๐ฒ๐ป ๐ฝ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ๐ ๐ณ๐ฟ๐ฎ๐บ๐ฒ๐๐ผ๐ฟ๐ธ ๐ณ๐ผ๐ฟ ๐๐ฒ๐ฎ๐ฟ๐?
While ๐๐ ๐๐ ๐ ๐ฒ๐บ๐ผ๐ฟ๐ฎ๐ป๐ฑ๐๐บ ๐ก๐ผ. ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฌ๐ฌ๐ต serves as a reminder to Trading Participants, the underlying requirement is anchored in ๐ฅ๐๐น๐ฒ ๐ฎ๐ด.๐ญ.๐ฎ.๐ฑ.๐ฎ(๐ฝ) ๐ผ๐ณ ๐๐ต๐ฒ ๐ฎ๐ฌ๐ญ๐ฑ ๐๐บ๐ฝ๐น๐ฒ๐บ๐ฒ๐ป๐๐ถ๐ป๐ด ๐ฅ๐๐น๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ถ๐ฒ๐ ๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ๐ฑ๐ฒ (๐ฆ๐ฅ๐), which authorizes the Securities and Exchange Commission (SEC) to require broker-dealers to undergo an independent review by an external firm at least once every three (3) years, or more frequently when necessary.
Independent assessments of Information Technology (IT) Systems, Trading Systems, Business Continuity, Disaster Recovery, and Risk Management Systems help strengthen IT Governance, Technology Risk Management, Cybersecurity Controls, Internal Controls, and Operational Resilience, supporting regulatory compliance and a more secure and trusted Philippine capital market.
Staying informed about regulatory requirements and industry best practices is an important step toward building resilient and well-governed organizations.
๐๐ฉ๐ช๐ด ๐ฑ๐ฐ๐ด๐ต ๐ช๐ด ๐ช๐ฏ๐ต๐ฆ๐ฏ๐ฅ๐ฆ๐ฅ ๐ง๐ฐ๐ณ ๐จ๐ฆ๐ฏ๐ฆ๐ณ๐ข๐ญ ๐ช๐ฏ๐ง๐ฐ๐ณ๐ฎ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ฏ๐ญ๐บ. ๐๐ณ๐จ๐ข๐ฏ๐ช๐ป๐ข๐ต๐ช๐ฐ๐ฏ๐ด ๐ด๐ฉ๐ฐ๐ถ๐ญ๐ฅ ๐ณ๐ฆ๐ง๐ฆ๐ณ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ข๐ฑ๐ฑ๐ญ๐ช๐ค๐ข๐ฃ๐ญ๐ฆ ๐๐ฆ๐ค๐ถ๐ณ๐ช๐ต๐ช๐ฆ๐ด ๐๐ฆ๐จ๐ถ๐ญ๐ข๐ต๐ช๐ฐ๐ฏ ๐๐ฐ๐ฅ๐ฆ, ๐๐๐๐ ๐๐ฆ๐ฎ๐ฐ๐ณ๐ข๐ฏ๐ฅ๐ถ๐ฎ, ๐ข๐ฏ๐ฅ ๐ณ๐ฆ๐ญ๐ข๐ต๐ฆ๐ฅ ๐ณ๐ฆ๐จ๐ถ๐ญ๐ข๐ต๐ฐ๐ณ๐บ ๐ช๐ด๐ด๐ถ๐ข๐ฏ๐ค๐ฆ๐ด ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐ค๐ฐ๐ฎ๐ฑ๐ญ๐ฆ๐ต๐ฆ ๐ณ๐ฆ๐ฒ๐ถ๐ช๐ณ๐ฆ๐ฎ๐ฆ๐ฏ๐ต๐ด.