The Superintendency of Banks of Panama said it participated in a regional workshop organized by the Financial Action Task Force of Latin America, or GAFILAT, on engagement with the private sector, fintech, new technologies and the identification of anti-money laundering and counter-terrorist financing, or AML/CFT, operations. The workshop was presented as a forum to strengthen cooperation among authorities, financial institutions and fintech companies in preventing money laundering and terrorist financing. Specialists, private-sector representatives and other participants from GAFILAT's 18 member countries discussed trends reshaping the financial ecosystem and related challenges in money laundering prevention, terrorist financing, cybersecurity and consumer protection. During the event, the authority's director for the Prevention of Money Laundering and Illicit Operations highlighted responsible financial innovation, high standards of integrity and transparency, and sound risk management. She also said the growth of new financial technologies can expand access to financial services but requires close coordination between authorities and the private sector to strengthen prevention and risk-mitigation mechanisms. The participation of the Superintendency of Banks of Panama, alongside the Superintendency of the Securities Market and the Ministry of Economy and Finance, was also linked to Panama's pro tempore presidency of GAFILAT and its regional cooperation efforts.
Superintendencia de Bancos de Panama2026-06-12
Superintendency of Banks of Panama participates in GAFILAT workshop on fintech and AML CFT risk controls
The Superintendency of Banks of Panama participated in a GAFILAT regional workshop on fintech, new technologies and AML/CFT controls. Discussions covered money laundering, terrorist financing, cybersecurity and consumer protection risks across GAFILAT's 18 member countries. The authority stressed responsible innovation, strong risk management and close public-private coordination.