Changes in Financial Supervision ApprovedThe Costa Rican Assembly approved reforms that expand the powers of Sugef to regulate and supervise financial entities abroad and financial companies that are part of a Costa Rican financial group or conglomerate.Wednesday, October 16, 2019
On October 15, 41 deputies approved, in the Second Debate, file 21355, which seeks to strengthen the supervisory framework of the Superintendency of Financial Institutions through reforms to chapter IV of the Central Bank Law, the Assembly reported. Do you need information about the financial sector?
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More Controls on Bank Transfers in Costa RicaSeptember 2013 Sugef has increased controls on transfers exceeding $10,000, as a measure of preventing money laundering and terrorist financing. Nicaragua to Create Financial Analysis UnitApril 2012 The law which will give life to a new supervisory body for financial and banking activities will be submitted to the legislative plenary next week. Law Reorganising Panama's Financial System ApprovedAugust 2011 Act 311 establishes a system of coordination and institutional cooperation between local financial control centers and creates a Superintendency of the Stock Market in the reform of Decree Law 1 of 1999 and Act 10 of 1993.
Stricter financial supervision for Costa RicaNovember 2008 Approved modifications to the Central Bank Law will allow the Suget to review, request information, and if necessary, intervene in any of the companies than make up the financial groups. |
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