MORNBFI Vol. 1 - Planters Development Bank

APP. Q-57a11.12.31LIST OF DOCUMENTARY REQUIREMENTSAPPROVAL OF THE APPOINTMENT OF TRUST AND COMPLIANCE OFFICERS OF BANKS1. Letter request 1 signed by an authorizedofficer of the bank;2. Secretary’s Certificate attesting to theresolution of the board of directors of the bankapproving the appointment of the officerconcerned or in the case of foreign banks, letterof approval on the appointment from the countryhead;3. Notarized certification of the officerconcerned that he possess all the qualificationsand none of the disqualifications to become anofficer as enumerated in Sections X142 and X143;4. Notarized Authorization Form forquerying the BSP Watchlist File of the officerconcerned pursuant to Subsec. X143.5;5. Alien Employment Permit issued by theDepartment of Labor and Employment forforeigners appointed as officers;6. Brief description of the concerned officer’sduties and responsibilities; and7. To be submitted to Supervisory DataCenter, a fully accomplished bio-data togetherwith a photograph (2"X 2") of the elected/appointed directors and officers, respectively 2 .CL-2011-045 dated 01 July 20111In case of Trust Officer and/or compliance officer with rank of senior vice president and above or equivalent rank andwhose appointment as SVP in another capacity has not yet been confirmed by the BSP, the letter should state that it is arequest for approval and confirmation of the concerned officers.2Subsequent submissions of bio-data and/or schedules or attachments thereto for the purpose of completing a previouslysubmitted but incomplete version shall be considered late reporting subject to applicable penalties in accordance withSection 4192Q.2.Manual of Regulations for Non-Bank Financial InstitutionsAppendix Q-57a - Page 1