The Superintendency of Banks of Panama reported that the Special Interest Compensation Fund (FECI) Commission updated three interpretive criteria for the FECI regime and unanimously approved internal rules at its Aug. 20 meeting. The changes seek to provide uniform guidance for applying the regime to the agricultural sector and continue the commission’s recent work on interpreting its requirements, including its earlier criterion for agricultural raw materials used in agroindustrial activity. The internal rules cover the commission’s composition and functions, meeting arrangements, quorum, minutes and the process for adopting and communicating interpretive criteria. The Superintendency of Banks of Panama will formalize approved criteria through generally applicable administrative instruments and publish them for entities subject to the regime. As FECI administrator, it also presented the fund’s financial results as of June 30, 2026.
2026-09-22Superintendencia de Bancos de Panama
FECI Commission chaired by the Superintendency of Banks of Panama updates three interpretive criteria and adopts internal rules
The FECI Commission, chaired by the Superintendency of Banks of Panama, updated three interpretive criteria and approved internal rules governing its operations and decision-making. The superintendency will formalize and publish approved criteria for entities subject to the regime and also presented the fund’s financial results as of June 30, 2026.