The Central Bank of the Philippines has issued guidelines requiring all banks to use the BSP Fit and Proper System, or FitPro, when checking applicants who have passed the initial stages of pre-employment screening against Bangko Sentral ng Pilipinas records, as required under Section 146 of the Manual of Regulations for Banks. The memo sets the registration, access and document standards banks must meet before their authorized representatives can use the web-based system. Banks must submit specified registration documents for initial review, after which the BSP Department of Supervisory Analytics will register authorized representatives if the submission is complete and correct. Only the head of the human resource department and the chief compliance officer, or board-approved alternates, may be registered, and access must be tied to official group email accounts and protected by two-factor authentication. Once the BSP confirms the scanned documents are complete, banks have 10 banking days to send three original signed and notarized copies where applicable, with failure to do so resulting in suspension or deactivation of FitPro access until compliance is completed. The guidelines also set conditions for conducting searches. Banks must require applicants to complete the Authorization Form for Querying in the exact BSP-prescribed format, ensure it is complete, typewritten, signed and notarized, and upload it before any search is made. Uploading incomplete, erroneous, falsified or mismatched forms is prohibited and may lead to sanctions including suspension or deactivation of access. Search results will either show no hit, which is sent directly to the chief compliance officer through FitPro, or a hit requiring BSP verification, with the outcome communicated by the bank's supervising department. Information obtained through FitPro may be used only for the authorized purpose and must not be disclosed beyond what the rules allow.
Central Bank of the Philippines2026-07-06
Central Bank of the Philippines sets mandatory FitPro process for banks screening job applicants against BSP records
The Central Bank of the Philippines has issued mandatory operating rules for banks using FitPro to screen job applicants against BSP records. The memo limits system access to designated human resources and compliance officers, sets document and two-factor authentication requirements, and requires a BSP-prescribed authorization form to be validated and uploaded before any search. Misuse or incomplete compliance can result in suspension or deactivation of access.