The Superintendency of Banks of Panama outlined its transition to a more agile, continuous and risk-based banking supervision model supported by technology, in a presentation on remote and digital supervision at the Panama AML Summit & Challenge 2026. The shift moves away from periodic on-site inspections towards remote supervisory approaches designed to enable constant, real-time monitoring and earlier identification of risks. Bilardo De La Victoria, the authority’s director of Risk Management, described the objective as anticipating and managing risks in a timely way through continuous access to data and the use of advanced analytics to support supervisory decision-making. The approach relies on supervisory technology (SupTech) to automate processes, apply predictive analysis and integrate large volumes of information, with the aim of optimising supervisory resources and strengthening control mechanisms; the summit agenda also covered money laundering, market transparency, supervision of non-financial entities, terrorist financing, and risks associated with the digital and crypto ecosystem.
2026-04-27Superintendencia de Bancos de Panama
Superintendency of Banks of Panama sets out move to continuous remote and digital banking supervision using SupTech
The Superintendency of Banks of Panama outlined its transition to a more agile, continuous and risk-based supervision model supported by technology, shifting from periodic on-site inspections to remote approaches enabling real-time monitoring and earlier risk identification. The model leverages supervisory technology to automate processes, apply predictive analytics and integrate large data volumes to optimise supervisory resources and strengthen control mechanisms.