The Superintendency of Banks of Panama reviewed the condition of the country’s financial system, regulatory developments and sector risks in meetings with an International Monetary Fund mission under the Article IV consultation. The IMF highlighted the banking system’s resilience and progress in capital and supervision, while calling for further work on risk management, the bank resolution framework and financial integrity. Discussions covered the macrofinancial environment and follow-up to the 2023 Financial Sector Assessment Program. The authority also outlined the initial impact of rules introduced in 2026 on administrative sanctions and prevention of misuse, and examined risk assessment and regulatory approaches for virtual assets and virtual asset service providers. Separate meetings with the Financial Coordination Council and the Ministry of Economy and Finance addressed cross-sector risks, supervisory practices and progress on the assessment program’s recommendations.
Superintendency of Banks of Panama reviews banking resilience, regulatory progress and risks with IMF mission
The Superintendency of Banks of Panama reviewed financial sector conditions, regulatory progress and risks with an IMF Article IV mission. The IMF highlighted banking resilience and advances in capital and supervision, while emphasizing further work on risk management, bank resolution and financial integrity.