The Superintendency of Banks of the Dominican Republic announced that the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions held its general assembly in Santo Domingo, with discussions centered on supervisory priorities including cybersecurity, model risk and the impact of artificial intelligence on banking. The meeting brought together delegations from the council’s nine member countries to exchange experience and strengthen regional coordination in response to technological change in the financial sector. The agenda highlighted cybersecurity as a core issue for the operational resilience of financial institutions, alongside model risk as analytical tools become more important in supervision and financial intermediation. It also covered the growing use of artificial intelligence and the regulatory challenges it creates. In addition, technical committees presented accountability reports and members reviewed the council’s administrative matters. The assembly also marked the council’s 50th anniversary, with messages from the International Finance Corporation, the International Monetary Fund’s CAPTAC-DR and the Association of Supervisors of Banks of the Americas recognizing its regional role in sharing regulatory and supervisory practices since 1976.
Superintencencia de Bancos de la Republica Dominicana2026-06-25
Superintendency of Banks of the Dominican Republic hosts regional supervisors assembly focused on cybersecurity model risk and AI
The Superintendency of Banks of the Dominican Republic said the Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions held its general assembly in Santo Domingo, focusing on cybersecurity, model risk and artificial intelligence in banking. The meeting brought together nine member jurisdictions to strengthen regional supervisory coordination and also marked the council’s 50th anniversary.