Advisory on Banking and Other Related Functions Considered as Essential Services and its Employees Among Authorized Persons Outside of Residences (APORs)

OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR 022 MEMORANDUM NO. M-2021-___ To : All BSP-Supervised Financial Institutions (BSFIs) Subject: Advisory on Banking and Other Related Functions Considered as Essential Services and its Employees Among Authorized Persons Outside of Residences (APORs) To ensure the continuous availability of financial services to the public, all BSFIs are enjoined to adopt appropriate work arrangements consistent with the community quarantine imposed by the national government. The BSFIs and its employees are also reminded to continuously observe minimum public health standards/protocols issued by the Department of Health and Inter-Agency Task Force (IATF). Given that banking and other related functions are essential services, the employees of BSFIs who are considered as APORs1, only need to present their company identification cards (IDs) and/or other documents that will establish the nature of their work to travel to their respective offices/workstations in any form of community quarantine. Please note that only skeleton force of BSFIs and their essential support service providers such as armored car services, are allowed to report on-site during enhanced community quarantine (ECQ), pursuant to the IATF Omnibus Guidelines on the Implementation of Community Quarantine in the Philippines, as amended. Digitally signed by For information and guidance. Chuchi G. Fonacier Date: 2021.04.05 13:38:34 +08'00' CHUCHI G. FONACIER Deputy Governor 05 April 2021 1 The IATF Omnibus Guidelines on the Implementation of Community Quarantine in the Philippines, as amended specify that APORs, whose movement within and across areas placed under any form of community quarantine is permitted, include anyone crossing zones for work or business permitted in the zone of destination and going back home. A. Mabini St., Malate 1004 Manila, Philippines * (632) 708-7701* www.bsp.gov.ph* [email protected]