Supervision Group (SVG.)
Supervised, examines, analyzes and monitors the financial condition, performance and risk management of individual FI and overall FI System, establishes an early warning system including licensing and granting approvals or waivers to FIs, as well as taking actions with troubled or non-compliance FIs in order to ensure the safety and soundness of, and public confidence in, the financial institutions. There are 7 departments under the SVG as follows:
Planning and Development Department (PDD)
Formulates strategic plan of SVG, conducts annual on-site examination plan, enhances the effectiveness of supervision, examination and monitoring of financial institutions , develops supervision manuals in line with international standards, arranges training program to broaden knowledge and to enhance competency of examiners, handles as co-host to hold a meeting and seminar with international or domestic organizations for SVG and prepares annual action plan and budget in accordance with the BOT strategic objectives.
Risk Management and Information System Examination Department (RIS)
Supervises, examines and assesses readiness of the use of risk management tools or risk models used in risk management and/or in capital calculation of FIs, especially for credit, market and operational risks e.g. Internal Rating Based (IRB) Approach, Internal Model Approach, Contingent Loss, Advance measurement Approach (AMA) including Stress Testing of FIs.
Moreover, the RIS supervises, examines, analyses and monitors the IT risk management processes and operations of financial institutions, specialized financial institutions and e-Payment service providers. This also includes overseeing the overall IT risk that may impact the financial and payment systems. In addition, the RIS keeps tracks of the information technology development in order to encourage/promote the institutions to strengthen their IT infrastructure to ensure the readiness for the development of financial institutions and payment systems in the future.
On-Site Examination Department 1, 2 and 3 (OE 1,2 and 3)
Examinies and monitors financial institutions’ risk management focusing on the significant activities in order to better reflect the financial conditions and risk profiles, as well as, evaluates their capital adequacy, loan loss provisions, earning performances, corporate governances, the compliance with laws and regulations to ensure the abilities to absorb potential losses under normal or under crisis.
Specialized Financial Institutions Supervision and Examination Department (SED)
Conducting on-site examination, off-site monitoring, and risk assessment, focusing on major transactions (Significant Activities: SA) of Specialized Financial Institutions (SFIs);
overseeing corporate governance practices, compliance with the BOT's regulations and risk management and control of the SFIs; as well as
granting approvals or waivers to the SFIs in order to ensure that each SFI’s mandate be practically carried out and to ensure the safety and soundness of the SFIs and the stability of financial system.