The Superintendency of Banks of Panama convened the second supervisory college for GNB Financial Group, bringing together supervisors from Paraguay, Peru and Colombia to assess the group’s principal risks and areas requiring greater attention. Senior group executives also presented its business strategy, corporate governance structure and groupwide risk management approach. Discussions covered integrated risk management, regional corporate governance and accounting consolidation, with particular attention to digitalization, cybersecurity and banking service continuity. Participants also examined risks from digital financial services and emerging technologies, as well as controls for money laundering, terrorist financing, corruption and bribery. The college focused on coordinating cross-border supervision and understanding how corporate decisions translate into controls and accountability across the group’s entities.
Superintendency of Banks of Panama convenes second supervisory college for GNB Financial Group
The Superintendency of Banks of Panama convened the second supervisory college for GNB Financial Group with supervisors from Paraguay, Peru and Colombia. The review covered the group’s strategy, governance and risk management, with emphasis on digital finance, cybersecurity, service continuity, financial crime and anti-corruption controls.