Anti Money Laundering Legal Framework

Anti Money Laundering Laws

Law	Description	View
Laws published in the Official Gazette
Law No. 2 of 1 February 2011	Whereby the measures to know your customer by registered agents of existing corporations organized according to the laws of the Republic of Panama are governed.
Law No. 34 of 27 July 2010	Whereby Law 23 of 1986 about drug-related crimes is amended and a process for the anticipated decisions of the legal situation of seized goods is established.
Law No. 38 of 10 August 2007	Which amends and adds articles to Law 23 of 1986, regarding seized goods, and other provisions are prescribed.
Law No. 14 of 22 May 2007	Published in the Official Gazette N° 25,796 of 22 May 2007. Criminal Code Chapter III – Financial Felonies.
Law 14 of 18 May 2007	Money Laundering Crimes. Published in the Official Gazette N° 25,796 of 22 May 2007.
Law No. 16 of 23 May 2005	Article 1. Objective. This Law regulates the establishment and the operations by natural or juridical persons that only lend money through a pledged security in an expedite manner, pursuant to the provisions of this Law, which will be denominated pawn shops…
LAW No. 15	United Nations Convention against Corruption. O.G. No. 25,296 of 10 May 2005
LAW No. 23	Official Gazette No. 25,095 of 7 July 2004.
LAW No. 1-2004	Errata Law 1 of 5 January 2004.
LAW No. 1-2004	Official Gazette No. 24,963-A of 5 January 2004.
LAW No. 50-2003	Official Gazette No. 24,838 of 2 July 2003.
LAW No. 48-2003	Official Gazette No. 24,831 of 23 June 2003.
LAW NO. 45	Official Gazette No. 24,818 of 4 June 2003.
LAW N°22	Official Gazette No 24,551 of 9 May 2002
LAW N°42	Official Gazette No. 24,152 of 2 October 2000.
LAW No. 41	Official Gazette No. 24,152 of 2 October 2000.

Excecutive Decrees

Decrees	Description	View
Decree No. 55 (Dated February 1, 2012)	Whereby Executive Decree 1 dated 3 January 2001 which regulates Law 42 dated 2 October 2000, is amended
Decree No. 855 (Dated August 24, 2010)	Whereby the representatives of the private sector before the High-Level Presidential Commission against Money-Laundering and Financing of Terrorism are appointed
Decree No. 195 (Dated October 18, 2007)	Whereby the procedure to abide by the Resolutions dictated by the United Nations Security Council is stipulated
DECREE Nº 65 (dated September 12 2006)	Whereby some provisions of Law 16 of May 23, 3005 on pawn shops are regulated
DECREE Nº 104 (dated July 20, 2006)	Which appoints the Permanent Representative of the Republic of Panama before the Caribbean Financial Action Task Force (CFATF), a regional organization Financial Action Task Force (FATF) Style, in charge of formulating and implementing the recommendations to raise the prevention, suppression and control of money laundering and terrorism financing.”
DECREE Nº 76 (dated May 26 2006)	Whereby one paragraph is added to article 2 and four literals are added to article 3 of Executive Decree 125 of March 27, 1995, and other provisions are prescribed
DECREE Nº 29 (dated 16 February 2005)	Whereby some Articles of Executive Decree Nº 125, dated 27 March 1995 are modified and other dispositions adopted High Level Presidential Commission against the Laundering of Money from Drug Trafficking, as a Permanent Ad-Honorem Advisory Council, in order to advise the President of the Republic about the implementation of a national policy against the laundering of money from drug trafficking
DECREE Nº 59 (dated 16 June 2004)	Whereby Section h) is added to Article 25 of Executive Decree Nº 131, dated 13 June 2001, adding to the organic structure of the Ministry of Foreign Relations a Department of Analysis and Study against Terrorist Activities and Related Matters, under the General Directorate of International Conferences and Bodies
DECREE Nº 78 (dated 5 June 2003)	Modifying Executive Decree Nº 163, dated 3 October 2000, which created the Financial Analysis Unit for the Prevention of Money Laundering and the Financing of Terrorism
DECREE Nº 77 (dated 5 June 2003)	Modifying Executive Decree Nº 125, dated 27 March 1995, as reformed by Decrees 64, dated 17 March 2000 and 26, dated 2 March 2001, which created and designated the Members of the High Level Presidential Commission against the Laundering of Money from Drug Trafficking, and enacting other dispositions.
DECREE Nº 26 (dated 2 March 2001)	Modifying Executive Decree Nº 125, dated 27 March 1995 and Executive Decree Nº 64, dated 17 March 2000, which created and designated the Members of the High Level Presidential Commission against the Laundering of Money from Drug Trafficking, and enacting other dispositions.
DECREE Nº 1 (dated 3 January 2001)	Regulating the implementation of Law Nº 42, dated 2 October 2000
Decree No. 163 (of October 3rd, 2000)	Whereby Decree No. 136 of June 9, 1995 is amended and the Financial Analysis Unit for the Prevention of Capital Laundering is created as this crime is defined in the Penal Code.
Decree No. 213 (of October 3rd, 2000)	Whereby articles 20 and 21 of the Executive Decree No. 16 (of October 3rd, 1984), related to the practice of trust are amended.
Decree NO. 136 (dated June 9, 1995)	Whereby the Financial Analysis Unit for the Prevention of Money Laundering from Drug Trafficking is created and ascribed to the Public Security and National Defense Council

Rules

Agreements	Description	View
Rule No. 8-2006	Which modifies Articles 5 and 7 of Rules 6-98 of 14 October 1998, and adds Article 5-A
Rule No. 12-2005	Of 14 December 2005 – Prevention of the misuse of Banking and Trust Services. Published in Official Gazette no. 25,452 of 27 December 2005
Rule No. 12-2005 E	Of 14 December 2005 – Guide with examples of Suspicious Operations duly published in Official Gazette No. 25,455 of 30 December 2005
Rule No. 2-2005	Of 26 January 2006 – Wire Transfers, duly published in Official Gazete 25,236 of 14 February 2005
Rule No. 5-2003	E-banking Regulation duly published in Official Gazette 24,833 of 30 July 2003
Rule No. 11-2002	Modified Article 12 of Rules 9-2002 (For the Prevention of the Unlawful Use of the Banking Services). O.G. 24704 of 20 December 2002
Rule No. 9-2002	Of 11 December 2002 – Modified Arti of Rules cle 12 of Rules 9-2000 regarding closing accounts. Published in the Official Gazette No. 24659 of 14 October 2002
Rule No. 13-2001	Of 4 December 2001 – National Securities Commission includes amendment paragraph to Rules No. 9-01 of 6 August 2001 (in Spanish)
Rule No. 4-2001	Of 5 September 2001 – Corporate Governance
Rule No. 9-2001	Of 6 August 2001 – National Securities Commission adopts the Regulations by means of which it establishes the role and duties of Compliance Officers (in Spanish)
Rule No. 10-2000	Of 15 December 2000: Amendment of Rules 8-2000
Rule No. 9-2000	Of 23 October 2000: About Prevention of Illegal use of Banking Services
Rule No. 8-2000	Of 23 August 2000: About Appointment, Job Functions and Duties of the Compliance Officer

Resolutions

resolutions	Description	View
Resolution No. JD-008-08 (July 24th, 2008)	By means of which the Procedure for the application of the regulations on Prevention of Money Laundering and Financing of Terrorism is established in the areas and companies under the regime of the Colon Free Zone
RESOLUTION No. 08 CTS OF OCTOBER 29 of 2008	By means of which the Technical Council of Insurances from the Superintendence of Insurances and Reinsurances of Panama establishes measures of prevention, control and supervision of Money Laundering and Against Financing of Terrorism
RESOLUTION JD No. 032-2005	Of December 21, 2005 - Whereby the scope is set for the concept of Due Diligence contained in Article 3 of Agreement 12-2005
GENERAL RESOLUTION No.1 -2001	Of March 23, 2001 - The Bank will determine the country risk according to the provisions established in this General Resolution at the moment of evaluating the loans based on Agreement 6-2000, and in securities investments based on Agreement 7-2000. The Bank will set the proper percentages to establish the provision caused by the country risk in the categories of moderate risks, risk with difficulties and high risk. The Bank’s external auditors and the Superintendency of Banks will evaluate this provision later.

International Conventions

International Conventions	View
United Nations Convention against Corruption adopted in New York October 31, 2003
United Nations Convention against Transnational Organized Crime adopted in New York May 31, 2001
International Convention for the Suppression of Terrorism Financing Adopted on December 9, 1999 in New York United States of America
United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, 1988

Banking Law

Banking Law	Download
Banking Law, Executive Decree N° 52 (of 30 April 2008) Whereby the Sole Text of Decree Law 9 of 26 February 1998, modified by Decree Law 2 of 22 February 2008 is Adopted. Chapter XIII Prevention of Money Laundering, Financing of Terrorism, and Related Crimes.

Circulars

Circulars 2013

Circular	Descargar
Circular 65 Submission of information. Stop payment on a Banco Davivienda (Panamá), S.A. check
Circular 64 Submission of information. Stop payment on a check. Banco Davivienda (Panamá), S.A.
Circular 63 Submission of information. Stop payment on a certified check. ST. GEORGES BANK & COMPANY, INC.
Circular 60 Submission of information. Stop payment on a cashier’s check. ST. GEORGES BANK & COMPANY, INC.
Circular 54 Coercive Measures – Democratic People’s Republic of Korea
Circular 53 Submission of information. Stop payment on a cashier’s check. ST. GEORGES BANK & COMPANY, INC.
Circular 52 Request from the Embassy of Libya
Circular SBP-DEF 002-2013 Loans for Casco Antiguo Revitalization (Decree-Law 9/1997 and Law 4/2002)
Circular SBP-DEF 002-2013 Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, 29/2008 and 28/2012)
Circular 51 Submittal of information. Banco Nacional de Panamá
Circular 50 Rule 1-2013 – Simplified Process Accounts
Circular 49 Request from the Embassy of Libya
Circular 48 Submittal of information
Circular 47 Consolidated list – Al-Qaeda
Circular 46 Consolidated list – Liberia
Circular 45 Consolidated list – Islamic Republic of Iran
Circular 44 Consolidated list – Democratic Republic of the Congo
Circular 43 Consolidated list – The Taliban
Circular 42 Consolidated list – Sudan
Circular 41 Consolidated list – Libya
Circular 40 Consolidated list – Liberia
Circular 39 Special meeting of the Committee
Circular 38 Consolidated list of sanctions – Al-Qaeda
Circular 37 Consolidated list – Islamic Republic of Iran
Circular 36 Temporary schedule. Business and customer service schedule. Superintendency of Banks
Circular 35 Temporary schedule. Business and customer service schedule. Superintendency of Banks
Circular 34 Consolidated list – Islamic Republic of Iran
Circular 33 Consolidated list – Liberia
Circular 32 Consolidated list of sanctions – Al-Qaeda
Circular 31 Consolidated list – Democratic Republic of the Congo
Circular 30 Submission of information. Stop payment on check. THE BANK OF NOVA SCOTIA (SCOTIABANK)
Circular 29 Consolidated list – Democratic Republic of the Congo
Circular 28 Consolidated list – Islamic Republic of Iran
Circular 27 Consolidated list of sanctions – Al-Qaeda
Circular 26 List – Special Meeting of the Committee
Circular 25 Consolidated list – Liberia
Circular 24 Consolidated list – Sudan
Circular 23 Consolidated list – Libya
Circular 22 Consolidated List – The Taliban
Circular 21 Submission of information. Stop payment on check. THE BANK OF NOVA SCOTIA
Circular 20 Consolidated list – Democratic Republic of the Congo
Circular 19 Rule 2-2013
Circular 18 Invitation – Breakfast Meeting. Presentation on the International Banking Center’s 2012 Performance
Circular 17 Submittal of information
Circular 16 Temporary Schedule. Business and Customer Service Schedule. Superintendency of Banks
Circular 15 Temporary Schedule. Business and Customer Service Schedule. Superintendency of Banks
Circular 14 Consolidated List – The Taliban
Circular 13 Appointment of a new Secretary General of the SBP. Recognition for Mr. Amauri A. Castillo’s work as Secretary General
Circular 12 Appointment of a new Secretary General of the SBP. Recognition for Mr. Amauri A. Castillo’s work as Secretary General
Circular 11 General Resolution SBP-RG-0001-2013
Circular 10 Consolidated List – The Taliban
Circular 09 Audit Discrepancy Report
Circular 08 New FECI payment account number in Banco Nacional
Circular 07 Communiqué from the Department of the Treasury on the removal of Mr. Francisco Javier Duque Correa from the OFAC List
Circular 06 Consolidated List – Al-Qaida Sanctions
Circular 05 Consolidated List – Liberia
Circular 04 Consolidated List – The Taliban
Circular 03 Board of Directors’ General Resolution SBP-JD-0001-2013
CF-DL-9-97 – No. 001-2013 Loans for Casco Antiguo Revitalization (Decree-Law 9-1997 and Law 4/2002)
CFL 3-85 – No. 001-2013 Residential mortgage loans (Law 3/85, 11/90, 5/94, 30/99, 50/99, 65/2003, 29/2008, and 28/2012)
Circular 02 Rule 001-2013
Circular 01 Submittal of information

Circulars 2012

Circular	Descargar
SBP-DR-0117-2012 Rule 006-2012
SBP-FECI-0116-2012 2013 Calendar for the submission of the FECI Report
SBP-DR-0115-2012 Code of Ethics and Professional Conduct of the SBP
SBP-DR-0114-2012 Submittal of information
SBP-DJ-0113-2012 2013 Clearing House Calendar. Banco Nacional de Panamá
SBP-DJ-0112-2012 Description of (weekly) Legal Liquidity Atom accounts.
SBP-DPC-0111-2012 Communiqué from the Department of the Treasury on the removal of Mr. Francisco Javier Duque Correa from the OFAC List
SBP-GSF-0110-2012 FIDSYS Project – Deposit and Investment (Securities) Atoms
SBP-DPC-0109-2012 Submission of information. Stop payment cashier’s check No. 003060239. BANCO BILBAO VIZCAYA ARGENTARIA (PANAMÁ), S.A.
SBP-DPC-0108-2012 Consolidated List – Al-Qaeda Sanctions
SBP-DPC-0107-2012 Consolidated List – Liberia
SBP-DPC-0106-2012 Consolidated List – The Taliban
SBP-DR-0105-2012 Submittal of information for the Holiday Season
SBP-DR-0104-2012 Cocktail Invitation
SBP-DJ-0103-2012 Submission of information. BANCOLOMBIA (PANAMÁ), S.A. (False statement on Bank letter)
Circular 102 FIDSYS Project – Deposits and Investment Atoms (Securities)
SBP-GSF-0101-2012 Business and Customer Service Schedule of the Superintendency of Banks
SBP-DJ-0100-2012 Business and Customer Service Schedule. Superintendency of Banks
SBP-DJ-0099-2012 Submission of information. Stop payment on BANCO NACIONAL DE PANAMÁ checks numbered 60603501 through 60604450
SBP-DR-0098-2012 Submittal of information during the National Holidays
SBP-DR-0098-2012 Submittal of information during the National Holidays
SBP-DJ-0097-2012 Submission of information. Stop payment on cashier’s checks issued by ST. GEORGES BANK & COMPANY, INC.
SBP-DR-0096-2012 Rule 005-2012
Circular CF-DL9-97 4-2012 (2012) Loans for Casco Antiguo Restoration (Decree Law 9/1997 and Law 4/2002)
Circular CFL 3-85 4-2012 (2012) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, 29/2008, and 28/2012)
Circular 95 Update to the List of Individuals and Entities related to Libya
Circular 94 Consolidated List of individuals and entities related to Somalia and Eritrea
Circular 93 Consolidated List of individuals and entities related to Guinea-Bissau
Circular 92 Consolidated List Sudan – Darfur
Circular 91 Additions to the Al-Qaida Sanctions List
Circular 90 List of Individuals and Entities related to the Taliban
Circular 89 Consolidated List of Individuals and entities related to Liberia
Circular 88 Entry into force of the amendment to the FECI Interpretation Criteria on Factoring Agreements
Circular 86 Appointment of Independent Director
Circular 85 Consolidated List – Libya
Circular 84 Consolidated List – Somalia and Eritrea
Circular 83 Consolidated List – Guinea-Bissau
Circular 82 Consolidated List – Sudan-Darfur
Circular 81 Additions to the Al-Qaida Sanctions List
Circular 80 Consolidated List – Liberia
Circular 79 Consolidated List (the Taliban)
Circular 78 Decree 50 dated 22 November 1999. ID Card for Minors
Circular 77 Consolidated List (the Taliban) and 4 amendments to Libya
Circular 76 Al-Qaida Sanctions and the Consolidated List
Circular 75 Additions to the List of Individuals and Entities Associated with Al-Qaida
Circular 74 Financial Action Task Force Communiqué
Circular 73 Appointment of New Director of Supervision
Circular 72 Submission of Information. Stop payment of Cashier’s Check No. 002978043. BANCO BILBAO VIZCAYA (PANAMÁ), S.A.
Circular 71 Consolidated List (the Taliban) and 4 amendments to Libya.
Circular 70 Al-Qaida Sanctions and the Consolidated List.
Circular 69 Three additions to the Al-Qaida Sanctions List and the Consolidated List.
Circular 68 Financial Action Task Force’s Communiqué
Circular 67 Submittal of information through the TBANK System on the occasion of the Observance of the Anniversary of the Founding of Panama City.
Circular 66 Project for Computerizing the Transmittal of Information.
Circular 65 General Resolution SBP-JD-0036-2012
Circular 64 IPACOOP announces Resolution 67/2012 dated 28 June 22012 on the Temporary Seizure of COACECSS
Circular 63 Advisory on Emails promoting a Pyramid Scheme – MMM MAVRODI MONEY MACHINE and SERGEY MAVRODI
Circular 62 General Resolution SBP-JD-0033-2012
Circular CF-DL9-97 3-2012 (2012) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 3-2012 (2012) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, 29/2008, and 28/2012)
Circular 61 Rule No. 004-2012
Circular 60 Appointment of Independent Director
Circular 59 FIDSYS Project
Circular 58 Rule No. 003-2012
Circular 57 Form – Notice of the Bank’s Contracting of External Auditors (SBPDAE-01)
Circular 56 Amendment to FECI Interpretation Criteria on Factoring Agreements
Circular 55 Amendment to Law dated 20 May 1985. Preferential Interest Rate System for Mortgage Loans
Circular 54 Inactive Assets Report.
Circular 53 Submission of information through the ITBANK System due to the Day of National Mourning.
Circular 52 Press Release from the National Security Council on the Office of Foreign Assets Control’s (OFAC) identification of 6 Panamanian Companies.
Circular 51 Submission of information through the ITBANK System due to the Labor Day holiday.
Circular 50 Rule No. 002-2012
Circular 49 Investments Atom AT15 – AT 06.
Circular 48 Press Release from the National Security Council about OFAC – Office of Foreign Assets Control – 6 Panamanian Companies
Circular 47 General Resolution SBP-RG-0005-2012
Circular 46 Submission of information through the ITBANK System due to the holy Week and Labor Day holidays
Circular 45 Rule No. 4-2010 / Special Reports
Circular CF-DL9-97 2-2012 (2012) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002.
Circular CFL 3-85 2-2012 (2012) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, and 29/2008)
Circular 44 New Email Address for the submission of Form SB-FID-UAF
Circular 43 Business and Customer Service Schedule of the Superintendency of Banks
Circular 42 Business and Customer Service Schedule. Superintendency of Banks
Circular 41 List of Al-Qaida Sanctions
Circular 40 Rule No. 001-2012
Circular 39 Executive Decree No. 55
Circular 38 Iraq and Kuwait
Circular 37 List of Al-Qaida Sanctions
Circular 36 List of Al-Qaida Sanctions
Circular 35 List – Guidelines adopted on 30 November 2011
Circular 34 Update to the Consolidated List
Circular 33 Invitation to a Breakfast
Circular 32 Executive Decree No. 55
Circular 31 Submission of information through the ITBANK System due to the Carnival Holidays
Circular 30 Al-Qaida List of Sanctions
Circular 29 New Forms – External Auditors
Circular 28 General Resolution SBP-JD-0001-2012
Circular 27 Warning from the Superintendency of Securities (Circulation of fraudulent documents with seals of the former National Securities Commission and signatures of the Commissioners)
Circular 26 Iraq and Kuwait
Circular 25 Invitation – Breakfast Meeting. Presentation on the Banking Center’s 2011 Performance
Circular 24 Al-Qaida List of Sanctions
Circular 23 Al-Qaida List of Sanctions
Circular 22 List – New Guidelines
Circular 21 List
Circular 20 General Resolution SBP-RG-0001-2012
Circular 19 Al-Qaida List of Sanctions
Circular 18 Press Release from OFAC (Office of Foreign Assets Control) – Panama
Circular 17 The Democratic Republic of the Congo
Circular 16 Modification to the Consolidated List
Circular 15 Review of FATF – GAFI Standards
Circular 14 Submission of Information. Banco Nacional de Panamá (Circulation of some forged checks of the National Assembly)
Circular 13 Letters on Commencement of Inspections
Circular 12 Modification of the Consolidated List
Circular 11 Officers of the Iranian Revolutionary Guard Corps
Circular 10 Officers of the Iranian Revolutionary Guard Corps
Circular 09 Modification of the Consolidated List
Circular 08 Modification of the Consolidated List
Circular 07 Modification of the Consolidated List
Circular 06 Somalia and Eritrea
Circular 05 Committee Name Change
Circular 04 Modification to the Consolidated List
Circular 03 Press Release from OFAC (Office of Foreign Assets Control) – Panama
Circular 02 Al-Qaida List of Sanctions
Circular 01 Press Release from OFAC (Office of Foreign Assets Control) – Panama
Circular CF-DL9-97 1-2012 (2012) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002.
Circular CFL 3-85 1-2012 (2012) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, and 29/2008)

Circulars 2011

Circular	Download
Circular 109 (2011) 2012 Calendar for the submission of the FECI Form
Circular 108 (2011) Submission of information through the ITBANK System due to Day of the Martyrs (9 January 2012)
Circular 107 (2011) Rule No. 007-2011
Circular 106 (2011) Côte d’Ivoire
Circular 105 (2011) The Islamic Republic of Iran
Circular 104 (2011) Guidelines for the Consolidated List
Circular 103 (2011) The Democratic Republic of the Congo
Circular 102 (2011) Updated version of the Consolidated List
Circular 101 (2011) Submission of Information: Banco Nacional de Panamá (Forged letter on Bank’s Letterhead)
Circular 100 (2011) Updated version of the Consolidated List
Circular 99 (2011) Updated version of the Consolidated List
Circular 98 (2011) Updated version of the Consolidated List
Circular 97 (2011) Updated version of the Consolidated List
Circular 96 (2011) Updated version of the Consolidated List
Circular 95 (2011) Updated version of the Consolidated List
Circular 94 (2011) List – Individuals Associated with Al-Qaida
Circular 93 (2011) The Democratic Republic of the Congo
Circular 92 (2011) FATF-GAFI – Ongoing review process of compliance with the AML/CFT Standards
Circular 91 (2011) Rule No. 006-2011
Circular 90 (2011) Modifications to the Single Account Plan (SAP) SB35, New BAN09 for derivatives information
Circular 89 (2011) Investments Atom AT15
Circular 88 (2011) Submission of information through the ITBANK System to Mother’s Day, Christmas and New Year’s holidays
Circular 87 (2011) Project to Computerize the Transmittal of Information
Circular 86 (2011) 2012 Clearing House Calendar. Banco Nacional de Panamá
Circular 85 (2011) Conceptual presentation of “Non-banking Correspondents”
Circular 84 (2011) Use of Technology Tools provided by the Electoral Court and the Public Registry of Panama
Circular 83 (2011) Use of Technology Tools provided by the Electoral Court and the Public Registry of Panama
Circular 82 (2011) List
Circular 81 (2011) Officers of the Iranian Revolutionary Guard Corps
Circular 80 (2011) Updated Version of List
Circular 79 (2011) Islamic Republic of Iran Shipping Line
Circular 78 (2011) List
Circular 77 (2011) Submission of Information through the ITBANK System due to National Holidays
Circular 76 (2011) Submission of information. Stop payment of certain checks. UniBank & Trust, Inc.
Circular 75 (2011) Officers of the Iranian Revolutionary Guard Corps
Circular 74 (2011) List
Circular 73 (2011) Changes to Committee’s Name
Circular 72 (2011) List
Circular 71 (2011) Somalia and Eritrea
Circular 70 (2011) Islamic Republic of Iran
Circular 69 (2011) Code d’Ivoire
Circular 68 (2011) List
Circular 67 (2011) Democratic Republic of the Congo
Circular 65 (2011) Submittal of Informatioin. Stop payment of several checks. The Bank of Nova Scotia (Scotiabank)
Circular 64 (2011) Consolidated List
Circular 63 (2011) Consolidated List
Circular 62 (2011) Consolidated List
Circular 61 (2011) Consolidated List
Circular 60 (2011) Consolidated List
Circular 59 (2011) Rule No. 005-2011
Circular CFL 3-85 004-2011 (2011) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, and 29/2008)
Circular CF DL9-97 004-2011 (2011) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular 58 (2011) Notice sent by the National Banking and Securities Commission of Mexico (Comisión Nacional Bancaria y de Valores de México)
Circular 57 (2011) Consolidated List
Circular 56 (2011) Consolidated List
Circular 55 (2011) Consolidated List
Circular 54 (2011) Consolidated List
Circular 53 (2011) Consolidated List
Circular 52 (2011) New FECI interpretation criteria on loans granted to finance Breeding of Lower Organisms. (Law 24 of 7 June 1995, Executive Decree No. 43 of 7 July 2004, Executive Decree No. 1123 of 14 August 2009, Resolution AG-0138-2004 of 6 May 2004)
Circular 51 (2011) New interpretation criteria of FECI Commission. Household Mortgages
Circular 50 (2011) Circular No. 048-2010 – RUC or ID card format
Circular 49 (2011) Stop payment of one (1) Banker’s Draft. Request made by Caja de Ahorros
Circular 48 (2011) Submittal of information through ITBANK System due to the Anniversary of the Foundation of Panama City.
Circular 47 (2011) Information Request – Financial Atom of Currency Positions AT14 and SB14 Chart.
Circular 46 (2011) Mint and Circulation of the new B/.1.00 coin
Circular 45 (2011) Rule No. 2-2010 – Banks Ratings Publication – Circular No. 25-2010
Circular 44 (2011) Submittal of Information. AN Resolution No. 4390-Telco of 13 April 2011 issued by the National Public Services Authority (ASEP – Autoridad Nacional de los Servicios Públicos)
Circular 43 (2011) New directors appointed within the Superintendency of Banks
Circular CFL 3-85 3-2011 (2011) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/99, 65/2003, and 29/2008)
Circular CF DL 9-97 3-2011 (2011) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular 42 (2011) Applicable formula to calculate nominal and effective interest rates, Rule No. 1-2011.
Circular 41 (2011) Rule No. 4-2010 – Letter to Management issued by External Auditors
Circular 40 (2011) Submittal of Information. Stop payment of certain checks. MMG Bank Corporation + nota enviada por MMG Bank Corporation
Circular 39 (2011) Submittal of Information. Stop payment of certain checks. Towerbank International, Inc. + nota enviada por Towerbank International, Inc.
Circular 38 (2011) Invitation to attend the presentation “Operating Risk Standard Conceptual Framework Proposal”
Circular 37 (2011) General Information Atom (AT05) Rule 12-2002 and General Resolution 2-2009
Circular 36 (2011) Due diligence to the applied to the Costa Rican citizen Olman Rimola Castillo – and Rimola Market Research
Circular 35 (2011) Stop payment of one (1) Banker’s Draft. Bancafé (Panamá), S.A. + nota enviada por Bancafé
Circular 34 (2011) Due diligence applied to SALUDCOOP/Colombia.
Circular 33 (2011) Due diligence applied to SALUDCOOP/Colombia.
Circular 32 (2011) Rule No. 004-2011.
Circular 31 (2011) Submittal of information to the Superintendency due Holy Week and Labor Day.
Circular 30 (2011) Business Schedule. Superintendency of Banks.
Circular 29 (2011) Business Schedule. Superintendency of Banks.
Circular 28 (2011) Consolidated List.
Circular 27 (2011) Libyan Arab Jamahiriya.
Circular 26 (2011) Libyan Arab Jamahiriya
Circular CF DL 9-97 1-2011 (2011) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 1-2011 (2011) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65, 2003, and 29/2008)
Circular 25 (2011) Consolidated List.
Circular 24 (2011) Stop payment of two (2) Banker’s Draft. Banco Universal, S.A.
Circular 23 (2011) Rule No. 003-2011
Circular 22 (2011) Submittal of Information. Stop payment of certain checks. The Bank of Nova Scotia (Scotiabank).
Circular 21 (2011) Submittal of information to the Superintendency due Carnival holidays.
Circular 20 (2011) General Resolution No. 001-2011
Circular 19 (2011) Updating of Consolidated List
Circular 18 (2011) Stop payment of one (1) Banker’s Draft issued by Banco Delta, S.A. (BMF)
Circular 17 (2011) Updating of Consolidated List
Circular 16 (2011) Circular 63-2010/Report of Fraud in Electronic Channels
Circular 15 (2011) Law No. 2 of 1 February 2011 “Whereby the measures to know your customer by Registered Agents of existing corporations, organized according to the laws of the Republic of Panama, are governed”. Official Gazette No. 26713-C.
Circular 14 (2011) Circular No. 42-2009
Circular 12 (2011) Working Schedule. Superintendency of Banks.
Circular 11 (2011) Rule No. 002-2011
Circular 10 (2011) Presentation. Results and projections of the International Banking Center
Circular 08 (2011) Stop payment of one (1) Banker’s Draft issued by Banco Bilbao Vizcaya Argentaria (Panamá), S.A. (BBVA)
Circular 06 (2011) Updating of Consolidated List
Circular 05 (2011) Resolution J.D. No. 001-2011
Circular 04 (2011) Submittal of Information. Stop payment of one hundred (100) checks. Banco Trasatlántico, S. A.
Circular 03 (2011) Submittal of Statistical Information
Circular 02 (2011) Rule No. 001-2011
Circular CFL 3-85 1-2011 (2011) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, and 29/2008)
Circular 01 (2011) Submittal of information through ITBank System due to Martyr’s Day (January 9th).
Circular CF DL 9-97 1-2011 (2011) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002).

Circulars 2010

Circular	Download
Circular 67 (2010) Rule No. 009-2010
Circular 66 (2010) 2011 Clearing House Calendar. Banco Nacional de Panamá
Circular 64 (2010) Rule No. 008-2010
Circular 63 (2010) Reporting of Fraud in Electronic Channels
Circular 62 (2010) Circular No. 50-2004, Circular No. 57-2009, and Executive Decree No. 246 of 2004.
Circular 61 (2010) Submittal of Information. Stop payment of one hundred and forty-nine (149) checks. Banco Trasatlántico, S.A.
Circular 60 (2010) General Resolution No. 001-2010
Circular 59 (2010) Submittal of information through the ITBank System due to Mother’s Day, Christmas and New Year’s Celebration
Circular 58 (2010) Rule No. 007-2010
Circular 57 (2010) Stop payment of one (1) Banker’s Draft issued by CAJA DE AHORROS
Circular 56 (2010) Rule No. 6-2010
Circular 55 (2010) Rule No. 4-2010
Circular 54 (2010) Stop payment of thirty-four (34) Checks. Banco Universal, S. A.
Circular 53 (2010) Submittal of information through ITBANK System due to National Holidays.
Circular 52 (2010) Stop payment of one (1) Banker’s Draft issued by BANCAFÉ (PANAMÁ), S. A.
Circular 51 (2010) Updating of Consolidated List.
Circular 50 (2010) Politically Exposed Persons (PEPs).
Circular 49 (2011) Rule No. 005-2010
Circular 48 (2010) RUC or ID Card Format
Circular CF DL 9-97 4-2010 (2010) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 4-2010 (2010) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003, and 29/2008)
Circular 47 (2010) Survey on Fees and Charges
Circular 46 (2010) Press Release issued by the Financial Action Task Force (FATF)
Circular 45 (2010) Bank’s General Information Atom (AT05)
Circular 44 (2010) Rule No. 004-2010
Circular 43 (2010) Amendment to issuance date of Circular No. 30-2010 (Stop payment of one (1) Banker’s Draft issued by BANCAFE (PANAMA), S.A.)
Circular 42 (2010) Amendment to issuance date of Circular No. 31-2010. (Stop payment of one (1) Banker’s Draft issued by Caja de Ahorros)
Circular 41 (2010) Board of Directors’ Resolution No. 036-2010
Circular 40 (2010) Prevention of the Improper use of Banking and Trust Services (Agreement 12-2005).
Circular 39 (2010) Stop payment of one (1) Banker’s Draft issued by CAJA DE AHORROS
Circular 38 (2010) Roseville Investments, S.A. and Tremaine Corp
Circular 37 (2010) Submittal of Liquidity Atoms AT10 and Weekly EVAP.
Circular CF DL 9-97 3-2010 (2010) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 3-2010 (2010) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, and 65/2003, /2008)
Circular 35 (2010) Stop payment of one (1) Banker’s Draft issued by CAJA DE AHORROS
Circular 34 (2010) Records Review and/or Update Plan
Circular 33 (2010) Cross-border Cash Transfer.
Circular 32 (2010) Derivatives Survey
Circular 31 (2010) Stop payment of one (1) Banker’s Draft issued by CAJA DE AHORROS.
Circular 30 (2010) Stop payment of one (1) Banker’s Draft issued by BANCAFÉ (PANAMÁ), S.A.
Circular 29 (2010) Stop payment of two (2) Banker’s Drafts issued by BANCAFÉ (PANAMÁ), S. A.
Circular 28 (2010) Agreement No. 1-2002 – Letter to Management issued by External Auditors
Circular 27 (2010) Submittal of Liquidity Atom AT10 and Weekly EVAP
Circular 26 (2010) Law 81 of 2009 and Circular No.13-2010.
Circular 25 (2010) Agreement No. 002-2010.
Circular 24 (2010) Submittal of Liquid Atoms AT10 and Weekly EVAP
Circular 23 (2010) Transfer of Liquid Funds to the Banco Nacional de Panamá
Circular 22 (2010) Circular No. 48-2007
Circular 21 (2010) Law No. 81 of 2009 “By means of which the rights of the credit cards and other financing cards holders are protected”
Circular 20 (2010) Three Months Claims Reports (Other Reports – Article 91, number 3 of the Banking Law)
Circular 19 (2010) Agreement No. 003-2010
Circular 18 (2010) 2009 Results of the IBC
Circular 17 (2010) Liquidity and EVAP Chart
Circular 16 (2010) Agreement No. 002-2010
Circular 15 (2010) Agreement No. 6-2009
Circular 14 (2010) Agreement No. 001-2010
Circular 13 (2010) Law 81 of 2009 “By means of which the rights of the credit cards and other financing cards holders are protected”
Circular 12 (2010) Security Project
Circular 11 (2010) Risk Survey
Circular 10 (2010) Agreement No. 10-2009 and Circular No. 63-2009
Circular 09 (2010) General Resolution J.D. No. 001-2010
Circular 08 (2010) Customer attention and working schedule. Superintendency of Banks
Circular 07 (2010) Handbook Information and Compliance Program Requirement. Art. 1, number 7, and Art. 5 of Law 42-2000
Circular 06 (2010) 2010 Calendar of the Banco Nacional de Panamá – Clearing House
Circular 04 (2010) Law 49 of 2009 “Whereby the Fiscal Code is amended and other tax measures are adopted.”
Circular 03 (2010) Energy Saving Measures
Circular CFL 3-85 2-2010 (2010) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, and 65/2003, /2008)
Circular CF DL 9-97 2-2010 (2010) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular 02 (2010) Submittal of Biweekly Liquidity Atom AT10 and Evaluation of Assets and Liabilities (EVAP) Chart
Circular 01 (2010) Checks stolen from the Coordinadora Nacional de Representantes de Corregimiento (CONARE)
Circular CF DL 9-97 1-2010 (2010) Loans for Casco Antiguo Revitalization (Decree-Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 1-2010 (2010) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, and 65/2003, /2008)

Circulars 2009

Circular	Download
Circular 63 (2009) Rule No. 10-2009 on the frequency for the submission of the legal liquidity index calculation report
Circular 62 (2009) Request for Information
Circular 61 (2009) UAF-SOS Form
Circular 60 (2009) Submission of the Biweekly Liquidity Atoms AT10, LS02, and the EVAP Table
Circular 59 (2009) Submission of Audited Financial Statements
Circular 58 (2009) Circular No. 8-2009 (Lines of Credit received from Correspondents)
Circular 57 (2009) Circular No. 50-2004 and Executive Decree No. 246 of 2004.
Circular 56 (2009) Liberia
Circular 55 (2009) Modifications to the Consolidated List.
Circular 54 (2009) Popular Democratic Republic of Korea.
Circular 53 (2009) Updates to the Consolidated List.
Circular 52 (2009) Submission of the Biweekly Liquidity Atom AT10 and the EVAP Table
Circular 51 (2009) Agreement 9-2009 and General Resolutions No. 2 and 3-2009
Circular 50 (2009) New Superintendent of Banks
Circular 49 (2009) Submission of information through ITBank and the Biweekly Liquidity Atom LS02 Report due to national holidays
Circular 48 (2009) General Resolution No. 1-2009
Circular 47 (2009) Agreement No. 3-2009
Circular 46 (2009) Stress Test Survey
Circular 45 (2009) Delays in the issuance of the minutes of Delays in the issuance of the minutes of cancellation of mortgages
Circular 44 (2009) Submission of Biweekly Liquidity Atom LS02, Weekly Cash Atom AT11 and Consolidation of Subsidiaries BAN02.
Circular CFL 3-85 3-2009 (2009) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003 and 29/2008)
Circular CF DL 9-97 3-2009 (2009) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997 and Law 4/2002)
Circular 43 (2009) International Development Bank, C.A.
Circular 42 (2009) Double Endorsement, Bank Notes and Other Cases.
Circular 41 (2009) Ivory Coast.
Circular 40 (2009) Agreement No. 8-2009
Circular 39 (2009) Banking System Exposure Survey on credit facilities to Public Officials
Circular 38 (2009) Agreement No. 7-2009
Circular 37 (2009) Articles 4.1.g and 5.1.f of Agreement No. 12-2005 of December 14, 2005 on Prevention of the Improper Use of Banking and Trust Services.
Circular 36 (2009) We are pleased to advise you that the Superintendency of Banks will implement the new ITBANk System version 1.0...
Circular 35 (2009) General Resolution J.D No. 032-2009
Circular 34 (2009) Agreements No. 5-2009 and No. 6-2009
Circular CF DL 9-97 3-2009 (2009) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997, Law 4/2002)
Circular CFL 3-85 3-2009 (2009) Residential Mortgage Loans (Law No. 3/85, 11/90. 5/94, 28/95, 30/99, 50/99, 65/2003, and 29/2008)
Circular 33 (2009) Capital Adequacy (SB36)
Circular 32 (2009) Presentation of the Biweekly Liquidity Atom LS02 and the Effective Weekly Atom AT11.
Circular 31 (2009) Law 3 of May 20, 1985. Preferential Interest Regime for mortgage loans
Circular 30 (2009) Agreement No. 4-2009
Circular 29 (2009) Forged checks charged to the Panama Maritime Authority account
Circular 28 (2009) System of Transfer of Information and the new ITBank
Circular 27 (2009) Atom of Guarantee Structure
Circular 26 (2009) Modifications made to the Consolidated List.
Circular 25 (2009) Agreement No. 3-2009
Circular 24 (2009) Preventive Measures for possible A (H1N1) Flu Pandemic
Circular 23 (2009) Presentation of the Liquidity Atom AT (10), and Chart EVAP – Labour Day
Circular 22 (2009) Capacity of indebtedness of retirees and pensioners. Amendment of Article 3 of Law 37 of 2001. (Law 22 of April 13th of 2009, Official Gazette 26261).
Circular 21 (2009) Reorganization of Stanford Bank (Panama), S. A.
Circular 20 (2009) Update to the Consolidated List
Circular 19 (2009) Liquidity Atom
Circular 18 (2009) Submission of the Biweekly Liquidity Atoms AT(10), LS02 and EVAP Table during Passion Week
Circular CF DL 9-97 2-2009 (2009) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997, Law 4/2002)
Circular CFL 3-85 2-2009 (2009) Housing Mortgage Loans (law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003 and 29/2008)
Circular 17 (2009) Agreement No. 2-2009 - By means of which the enter into effect of Agreement No. 5-2008 of October 1st, 2008 is extended
Circular 16 (2009) Proposed Structure for the Atom of Guarantees
Circular 15 (2009) Agreement No. 1-2009, Derogation of Agreement No. 8-2008
Circular 14 (2009) Vital Records and Juridical Acts Certification Requests
Circular 13 (2009) Seizure of Administrative and Operating Control of Stanford Bank (Panamá), S.A.
Circular 12 (2009) Access to the 2008 IBC Presentation
Circular 11 (2009) Circular No. 6-2009. Liquidity Report and EVAP Weekly Table
Circular 10 (2009) 2009 Training Timetable
Circular 9 (2009) Presentation of the IBC report
Circular 8 (2009) Compliance Officer
Circular 7 (2009) Maximum Extension. Loans subject to the Preferential Interest Rules
Circular 6 (2009) Circular No. 5-2009 Agreement No. 9-2008 Liquidity Report and EVAP weekly table
Circular 5 (2009) Agreement No. 9-2008 Liquidity Report
Circular 4 (2009) Agreement No. 9-2008 (Liquidity)
Circular 3 (2009) 2009 Timetable of the Banco Nacional de Panama Clearing House
Circular CF DL 9-97 1-2009 (2009) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 1-2009 (2009) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99, 65/2003 and 29/2008)
Circular 2 (2009) Designated Entities
Circular 1 (2009) Updates to the Consolidated List

Circulars 2008

Circular	Download
Circular 67 (2008) Inactive Goods (Art. 215 of the Banking Law)
Circular 66 (2008) Circular No. 65-2008. Customer service schedules from banking entities during the holiday season.
Circular 65 (2008) Work schedule of the national and municipal public offices for the Christmas and New Year Holidays.
Circular 64 (2008) The Superintendency’s Public Attention Schedule (December 19, 2008)
Circular 63 (2008) Special Services - Agreement 8-2003.
Circular 62 (2008) We hereby address you because this Superintendency of Banks has proceeded to analyze the authorization to review the credit references that the banking entities...
Circular 61 (2008) We hereby advise you that we are annulling the content of Circular No. 056-2008 of November 27, 2008, whereby Tuesday December 2, 2008 was enabled...
Circular 60 (2008) In addition to the information provided weekly through the liquidity atom, starting on the week that begins on November 29, we request you report...
Circular 59 (2008) We advise you that December 2, 2008 has been enabled as the last day for the submission of the weekly liquidity Atom AT 10 to this Superintendency for the period between November 24 and 28, 2008.
Circular 58 (2008) We reiterate what is stipulated by Agreement No. 5-2001 on Market Risk, which in its Article 15 states that the banks must report to this Superintendency...
Circular 57 (2008) As a consequence of the different queries received by this Superintendency of Banks, that arise from the application of Agreement No. 8-2008...
Circular 56 (2008) We advise you that Tuesday December 2, 2008 has been enabled as the last day for the submission of the Weekly Cash Atom, for the period between November 24 and 28, 2008.
Circular 55 (2008) List of companies that do not have this Office’s authorization to exercise the Banking Business as stipulated by the Banking Law
Circular 54 (2008) Agreement No. 8-2008 Temporary Measures
Circular 53 (2008) Submission of the Weekly Cash Atom for October 27 to 31 (Art. 91 of the Banking Law. General Resolution No. 3-2004).
Circular 52 (2008) Stickers for banks
Circular 51 (2008) Liquidity Reports. (Article 77, 185 and 187 of the Banking Law; Arts. 17 and 18 of Agreement 4-2008; Resolution 3-2004; Circular 006-2008).
Circular 50 (2008) We hereby advise you that Agreement 7-2008, which modifies Articles 15, 16 and 17 of Agreement No. 1-2006, which itself is modified by Agreement No. 4-2006...
Circular 49 (2008) We hereby advise you that Agreement 6-2008, whereby Article 11 of Agreement No. 2-2008 of July 3, 2008 is modified and the date...
Circular 48 (2008) We are pleased to advise you that by way of Executive Decree No. 103 of October 8, 2008, the Excellent President of the Republic of Panama...
Circular 47 (2008) Agreement No. 4-2008 (Bank Liquidity)
Circular 46 (2008) We hereby advise you that Agreement 5-2008, whereby equity standards for credit risk applicable to the Banking Entities are stipulated, has been approved...
Circular CFL 3-85 2-2008 (2008) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003, 29/2008)
Circular CF DL 9-97 4-2008 (2008) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997 and Law 4/2002).
Circular 45 (2008) Staff in charge of Training or Human Resources.
Circular 44 (2008) Know-Your-Customer Policy
Circular 43 (2008) Personal Background Information Certificate Request.
Circular 42 (2008) Agreement No. 001-2008 Visa Card claims.
Circular 41 (2008) We hereby advise you that General Resolution J.D. 1-2008 on the legal liquidity index
Circular 40 (2008) Certifications of the General Directorate of Administrative Career.
Circular 39 (2008) We reiterate what is stipulated by Agreement No. 001-2008, “On the Claim Management System in the Banking Entities”...
Circular 38 (2008) Reiteration of Circular No. 18-2008.- Fraudulent Bank Guarantee.
Circular 37 (2008) Agreement No. 11-2005 (Bank Rating)
Circular 36 (2008) Penal Code Reforms
Circular 35 (2008) Agreement No. 4-2008
Circular 34 (2008) Agreement No. 3-2008
Circular 33 (2008) We hereby notify you that Agreement No. 2-2008, “whereby the general parameters are set for the valuation of guarantees for the coverage of credit risk”...
Circular 32 (2008) For the relevant purposes, this Superintendency hereby informs you that the Security Council Committee of the United Nations, established by virtue of Resolution...
Circular 31 (2008) Agreement No. 1-2008
Circular 30 (2008) Updates to the Consolidated List.
Circular 29 (2008) Designated persons and entities.
Circular 28 (2008) Law 28 of June 2, 2008, which amends, among other things, Law 3 of 1985. Preferred Interest Regime for mortgage loans
Circular 26 (2008) Energy Savings Measures
Circular 25 (2008) Democratic Republic of Congo.
Circular 24 (2008) Agreement No. 11-2005 on Bank Rating
Circular 23 (2008) Staff in charge of the direction, management or coordination of the security program
Circular 22 (2008) Contingency and Business Continuity Plan
Circular 21 (2008) For the relevant purposes, this Superintendency hereby informs you that the Security Council of the United Nations...
Circular 20 (2008) Consolidated List
Circular 19 (2008) Institutions named by international organizations
Circular 18 (2008) Fraudulent Bank Guarantees
Circular 17 (2008) We hereby reiterate what is stipulated in Article 5 of Agreement No. 11-2005 of November 23, 2005, which literally stipulates...
Circular 16 (2008) With the purpose of gathering information regarding the interbank placements of the Panamanian Banking System, the Superintendency of Banks of Panama...
Circular 15 (2008) For the relevant purposes, this Superintendency hereby informs you that the 1267 Sanctions Committee of the United Nations...
Circular 14 (2008) We hereby address you regarding the inquiries received from the banks in reference to Agreement No. 1-2007 "whereby Minimum Security Standards...
Circular 13 (2008) In reviews made to the Deposits Atom (AT02) sent through the Information Transfer System, we have found some inconsistencies particularly related to...
Circular CFL 3-85 2-2008 (2008) Regarding what is stipulated in Article 4 of Law No. 3 of May 20, 1985, whose effect was extended and its Article 5...
Circular CF DL 9-97 2-2008 (2008) By virtue of what is stipulated in Article 10 of Decree Law No. 9 of August 27, 1997, amended by Law 4 of 2002...
Circular 12 (2008) We advise you that today March 17, 2008, has been set as the last day for the submittal to this Superintendency of the Audited Financial Statements of the Bank...
Circular 11 (2008) New SBP appointments
Circular 10 (2008) Email System - Circular No. 033-2006
Circular 9 (2008) Agreement No. 001-2007 – Banking Security
Circular 8 (2008) Designated Individuals
Circular 7 (2008) Results and Prospects of the IBC
Circualr 6 (2008) Timely and accurate submittal of Atoms and BAN Tables. Information Transfer System. Decree Law No. 9 of 1998; Agreement No. 12-2002; General Resolution No. 3-2004.
Circular 5 (2008) Financial Statements. Observance of prudent standards, IFIS and US-GAAP (General Resolution No. 1-2007).
Circular 4 (2008) Updates to the Consolidated List.
Circular CF-DL9-97 1-2008 (2008) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997 and Law 4/2002)
Circular CFL 3-85 1-2008 (2008) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003)
Circular 3 (2008) 2008 Calendar of the Banco Nacional de Panama Clearing House
Circular 2 (2008) Bridge” days and national holidays or mourning days that fall on a Monday Article 46 of the Labor Code
Circular 1 (2008) Personal Background Information Certificate Law 69 of 2007.

Circulars 2007

Circular	Download
Circular 60 (2007) The banking entities must make their rating public starting on the month of January of two thousand eight (2008), for which they will have a period of six (6) months after the fiscal closing...
Circular 59 (2007) Agreement No. 1-2007
Circular 58 (2007) Updates to the Consolidated List.
Circular 57 (2007) Certification of Commercial and Industrial Activities by means of the Notice of Operation (Law 5 of 2007)
Circular 56 (2007) We hereby emphasize the need that the Banks established in Panama that are dedicated to transporting cash and securities...
Circular 55 (2007) For the relevant purposes, this Superintendency hereby recommends, as preventive action, that those banking institutions...
Circular 54 (2007) Recommendations of the United Nations Security Council.
Circular 53 (2007) Recommendations of the United Nations Security Commission
Circular 52 (2007) Amendment and correction to identification data.
Circular 51 (2007) Extension of Circular No. 022-2007, regarding Group Insurance Contracts (Group Insurance Policy).
Circular 50 (2007) Fraudulent Document Issue
Circular 49 (2007) Fraudulent Credit Letter
Circular 48 (2007) Submittal and publication of Audited Financial Statements (Art. 55 and 56 – Decree Law No. 9 of 1998).
Circular 47 (2007) Transfer System – Deposit Atom
Circular 46 (2007) Survey on Main Information Technology Infrastructure of Banks
Circular 45 (2007) Assertion of Misprint
Circular 45 (2007) Articles 1 and 2 of Agreements 5-2006 and 6-2006
Circualr 44 (2007) Individuals that are subject to sanctions.
Circular 43 (2007) Notice to the Superintendency of Banks about increase in Capital Funds in Banking Entities and their Economic Group.
Circular 42 (2007) Designated entities and individuals
Circular 41 (2007) Enforcement Officer Appointments
Circular 40 (2007) Agreement No. 7-2006 of October 6, 2006.
Circular 39 (2007) Appointment of Directors and Executive Officers
Circular 38 (2007) Designated Entities
Circular 37 (2007) Fraudulent Bank Guarantee Letter
Circular 36 (2007) Information Transfer System, Version 5.2
Circular 35 (2007) Designated entities and individuals
Circular CFL 3-85 3-2007 (2007) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003)
Circular 34 (2007) Law 3 of May 20, 1985. Preferred Interest Regime for mortgage loans
Circular CF-DL9-97 3-2007 (2007) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997 and Law 4/2002).
Circular 33 (2007) Fraudulent Bank
Circular 31 (2007) 2006 Audited Financial Statements General Resolution No. 1-2007
Circular 30 (2007) Information Transfer System, Version 5.0
Circular 29 (2007) Information on credit and contingent operations of the subsidiaries – Circular 26-2007
Circular 27 (2007) Ready State Bank of Panama
Circular 26 (2007) Information on credit and contingent operations of the subsidiaries
Circular 25 (2007) MOHAMMED AL GHABRA.
Circular CFL 3-85 2-2007 (2007) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003)
Circular CF DL 9-97 2-2207 (2007) Loans for the Restoration of the Old Quarter (Decree Law No.9/1997 and Law 4/2002).
Circular 24 (2007) Update to the OFAC list.
Circular 23 (2007) Article 147 of Decree Law No. 9 of 1998
Circular 22 (2007) Delivery of Group Insurance Contract (Policy) Document
Circular 21 (2007) Jihad al-Bina construction company
Circular 20 (2007) Bank Securities Ecuador Central Bank
Circular 19 (2007) Cash Declaration Forms
Circular 18 (2007) FECI. Exemption for loans granted to persons in the golden age, retirees and pensioners
Circular 12 (2007) We are pleased to advise you that Agreement No. 7-2006, "which stipulates the obligation the banking entities have of remitting credit information to the customer"...
Circular 11 (2007) We hereby inform you that in light of the Carnival holidays, the Superintendency of Banks' offices will be closed on February 19, 20 and 21, 2007...
Circular 10 (2007) Due to the provisions stipulated in Agreement No. 8-2006, banks must continue to use the cash declaration forms SB-EF-CH and SB-EFC...
Circular 8 (2007) For the relevant purposes, this Superintendency hereby informs you that the 1267 Sanctions Committee of the United Nations has included NAJMUDDIN FARAJ AHMAD, MOHAMED MOUMOU...
Circular 7 (2007)
Circular 5 (2007) Bank Sepah, Bank Sepah International and Ahmad Derakhshandeh
Circular 4 (2007) New Director of Procedure Control, Norms and Operating Security
Circular 3 (2007) New Legal Director
Circular 2 (2007) Agreement No. 8-2006 and General Resolution No. 1-2006
Circular CFL 3-85 (2007) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003)
Circular 1 (2007) Fraudulent Bank Guarantee Letter
Circular CF DL 9-97 (2007) Loans for the Restoration of the Old Quarter (Decree Law No. 9/1997 and Law 4/2002)

Circulars 2006

Circular	Download
Circular 72 (2006) Information from the Department of the Treasury.
Circular 71 (2006) Individuals that are subject to sanctions.
Circular 70 (2006) Individuals and companies that are subject to sanctions.
Circular 69 (2006) Atoms, BAN Tables and other Prudential Reports 2007 Submittal Timetable
Circular 68 (2006) Clearing House
Circular 67 (2006) Agreements 5 and 6-2006 Capital Adequacy.
Circular 66 (2006) Article 5 of Law No. 35 of October 31, 2006, whereby Numerals 1 and 2 of Article 128 of Law 22 of June 27, 2006 are modified.
Circular 64 (2006) Agreement No. 9-2005 of October 19, 2005.
Circular 63 (2006) Update to the OFAC List.
Circular 61 (2006) General Resolution No. 1-2006 – Inspection Tariffs
Circular 60 (2006) For the relevant purposes, this Superintendency hereby informs you that the United States Treasury Department has announced...
Circular 59 (2006) Circular No. 55 of September 22, 2006.
Circular 58 (2006) National Savings Week
Circular 57 (2006) Statistical Directory Update
Circular 56 (2006) We are pleased to send, for your knowledge and application, a copy of Accord No. 4-2006 whereby Articles 4, 12, 15, 16, 17 and 22 of Accord 1-2006 of January 25, 2006 on Asset Liquidation...
Circular 55 (2006) This Superintendency hereby informs you that the Financial Analysis Unit for the Prevention of Money Laundering and Terrorism Financing (FAU) of the Public Security and National Defense Council...
Circular 54 (2006) This Superintendency hereby informs you that the United States Treasury Department appointed and froze the assets of two financial companies...
Circular CF-DL9-97 (2006) By virtue of what is stipulated in Article 10 of Decree Law No. 9 of August 27, 1997, modified by Law 4 of 2002 “Whereby special incentive rules are established for restoring and placing value...
Circular 53 (2006) Islamic Resistance Support Organization (IRSO).
Circular CFL-3-85 (2006) Regarding what is stipulated in Article 4 of Law No. 3 of May 20, 1985, whose effect was extended and its Article 5 was modified by Law No. 65 of October 29, 2003...
Circular 52 (2006) Iranian Bank Saderat.
Circular 51 (2006) Publication by the United Nations Office against Drugs and Crime
Circular 50 (2006) Abd A-Hamid Sulaiman Al-Mujil and the Philippine branch of the International Islamic Relief Organization (IIRO)
Circular 49 (2006) New Superintendent of Banks.
Circular 48 (2006) We hereby notify Panama's Banking Center that on our website we have
Circular 47 (2006) We hereby inform you regarding the content of Article 128 of Law 22 of June
Circular 46 (2006) New Main Switchboard telephone and fax numbers
Circular 45 (2006) State Phone Numbering Plan
Circular CF- 9-97 (2006) By virtue of what is stipulated in Article 10 of Decree Law No. 9 of August 27, 1997, modified by Law 4 of 2002 “Whereby special incentive rules are established...
Circular CFL 3-85 (2006) Regarding what is stipulated in Article 4 of Law No. 3 of May 20, 1985, whose effect was extended and its Article 5 was modified by Law No. 65 of October 29, 2003...
Circular 43 (2006) Circular No. 017-2005 Ivory Coast.
Circular 42 (2006) New numbers for the Phone System
Circular 39 (2006) Update to the OFAC list.
Circular 38 (2006) Global Portfolio Rating (GPR) Circular No. 061-2005.
Circular 37 (2006) BAN05 Table. Account Plan Capital Adequacy.
Circular 36 (2006) Request for resubmitting information through the Transfer System.
Circular 34 (2006) Circular No. 025-2006.
Circular 33 (2006) Email System
Circular 32 (2006) Local Market Inter-Bank Reference Rate
Circular 31 (2006) International Conference on Financial Security and Organized Crime
Circular 30 (2006) Due Diligence on Customer.
Circular 29 (2006) Period for Sending Information
Circular 28 (2006) BA’ASYIR, Abu Bakar; GUNAWAN, Gun Gun Rusman; RIFKI, Ta
Circular 27 (2006) Global Portfolio Rating (GPR)
Circular 26 (2006) Assertion of Misprint. Paragraph 2, Article 6 of Agreement 12-2005.
Circular 25 (2006) Information Transfer System, Version 4.0
Circular 24 (2006) Agreement No. 1-2006
Circular 23 (2006) Declarations of Cash and Quasi-Cash Transactions. Article 6, Agreement No.12-2005
Circular 22 (2006) Warning from the Department of the Treasury.
Circular 21 (2006) Change to the Working Day and Customer Service Schedule
Circular 20 (2006) Through this means, we affirm the concepts set by this Superintendency of Banks for the effects of reporting the General Data Atom and the BAN01 Table...
Circular CFL 3-85 No. 2-2006 (2006) Regarding what is stipulated in Article 4 of Law No. 3 of May 20, 1985, whose effect was extended and its Article 5 was modified by Law No. 65 of October 29, 2003...
Circular CF-DL9-97 No. 2-2006 (2006) By virtue of what is stipulated in Article 10 of Decree Law No. 9 of August 27, 1997, modified by Law 4 of 2002 “Whereby special incentive rules are established...
Circular 19 (2006) As you know, a few days ago the Superintendency of Banks remitted a survey by email regarding the technology platform of banking entities...
Circular 18 (2006) Through this means, we communicate that in the Regional Summit on prevention of Terrorism Financing held in the Central Bank of the Republic of Argentina...
Circular 17 (2006) Copy of Agreement No. 2-2006 whereby Articles 7, 9, 10 and 13 of Agreement No. 3-2001 of September 5, 2001 on Banking Licenses, are modified
Circular 16 (2006) In light of the information requested through Circular No. 006-2006 of January 31, 2006, we notify you that we have included a validation in the liquidity atom.
Circular 15 (2006) The Banco Nacional de Panama has communicated to this Superintendency that several Fraudulent Bank Guarantee Letters have been circulating locally and abroad
Circular 14 (2006) Acceptance of high denomination bills
Circular 13 (2006) Route of the 2006 Carnival in Panama City
Circular 11 (2006) AHMED IDRIS NASREDDIN. Circular No. 035-2002.
Circular 10 (2006) Official Communication with Banks
Circular 9 (2006) Waiver, Abandonment or Settlement before the Superintendency of Banks
Circular 7 (2006) Presentation of 2005 Results – Projections for 2006
Circular 6 (2006) Information Transfer System – Weekly Liquidity Atom.
Circular 5 (2006) Monthly Subsidiary Report – BAN-02
Circular 3 (2006) RUC Format in Foreign Corporations
Circular 2 (2006) Ahmed Idris Nasreddin was added to the list of individuals and/or entities, which includes the immediate freezing of their assets because they are considered to be linked to Usama bin Laden / Al Qaida
Circular CFL 3-85 1-2006 (2006) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003)
Circular 1 (2006) International Financial Information Standards (IFIS). Submittal of Financial Statements.
Circular CF-DL9-97 1-2006 (2006) Loans for the Restoration of the Old Quarter (Decree Law No.9/1997 and Law 4/2002).

Circulars 2005

Circular	Download
Circular 72 (2005) Customer service.
Circular 71 (2005) Agreement No. 12-2005 and Special Agreement No. 12-2005 E.
Circular 70 (2005) Suspension of customer service.
Circular 69 (2005) Information Transfer System, Table SB25 on Risk Rating.
Circular 68 (2005) 2006 Calendar for the submittal of Atoms, BAN tables and other prudential reports
Circular 67 (2005) Agreement No. 11-2005.
Circular 66 (2005) HAPILON, Isnilon Totoni, SAHIRON, Radulan, and SALI Jr., Jainal Antel.
Circular 65 (2005) Construction Financing
Circular 64 (2005)
Circular 61 (2005)
Circular 60 (2005)
Circular 49 (2005) Contracts pursuant to legal provisions
Circular 48 (2005) Temporary change to the Working Day and Customer Service Schedule.
Circular 47 (2005) Violations to Title V of Decree-Law No. 9 of February 26, 1998 – RIGHT TO INFORMATION
Circular 46 (2005) Monthly Subsidiary Report – BAN02
Circular 44 (2005) Moroccan Combatant Group or Groupe Islamique Combattant Marocain (GICM).
Circular 43 (2005) Bank Capital Funds.
Circular 42 (2005) Invitation to XV Latin American Trust Congress - City of Panama
Circular 41 (2005) General Resolution No. 002-2005: Banking Sector Global Risk Rating System (CAMELS)
Circular 40 (2005) Loans protected by Preferred Interest Laws.
Circular 39 (2005) Agreement No. 06-2005.
Circular 38 (2005) Movement for Islamic Reform in Arabia (MIRA Group) to your List No. 70T of individuals and/or entities
Circular 37 (2005) Certification of OFAC List Revision and changes in Enforcement Officers
Attachment Circular 37 (2005) OFAC Certification
Circular 36 (2005) Technical and functional inquiries related to the Information Transfer System
Circular CFL 3-85 No. 3-2005 (2005) Housing Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003)
Circular CF-DL9-97 N° 3-2005 (2005) Loans for the Restoration of Casco Viejo (Decree Law No.9/1997 and Law 4/2002) and changes in Enforcement Officers
Circular 35 (2005) Transfer System, Version 3.0
Circular 34 (2005) RUSDAN, Aby; ZULKARNAEN AND PITONO, Joki, have been added to List No. 71 of individuals and/or entities.
Circular 33 (2005) JIHAD Islamic Group is added to List No. 72 of individuals and/or entities.
Circular 32 (2005) Agreement No. 05-2005 of may 18, 2005.
Circular 31 (2005) Global Portfolio Classification (GPC)
Circular 30 (2005) ELEHSSAN is added to your organization, in List No. 70 of individuals and/or entities.
Circular 29 (2005) Audited Financial Statements (IFISs)
Circular 28 (2005) Inactivity fees
Circular 27 (2005) Circular N° 20-2005 and Circular N° 21-2005
Circular 26 (2005) MULTIBANKA AND VEF BANK.
Circular 25 (2005) LASHKAR E-TAYYIBA (LET).
Circular 24 (2005) IBRAHIM BUISIR.
Circular 23 (2005) BILAL AL-HIYARI.
Circular 22 (2005) Bank Calendar.
Circular 21 (2005) Monthly atoms, monthly BAN Tables And Prudential Reports of April.
Circular CF-DL9-97 N° 2-2005 (2005) Loans for the Restoration of the Old Quarter Loans for the Restoration of the Old Quarter (Executive Order N° 9/1997 and Act 4/2002).
Circular 20 (2005) New 3.0 version of the Information Transfer System.
Circular CFL 3-85 No. 2-2005 (2005) Residential Mortgage Loans (Act 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003).
Circular 19 (2005) Electronic Banking.
Circular 18 (2005) Press Release of the FSF.
Circular 17 (2005) COSTA DE MARFIL
Circular 16 (2005) General Resolution N° 001-2005
Circular 15 (2005) Financial Statements prepared by External Auditors.
Circular 14 (2005) MUHSIN AL-FADHLI
Circular 13 (2005) Agreement No. 4-2005.
Circular 12 (2005) KHADAFI ABUBAKAR JANJALANI
Circular 11 (2005) ADEL ABDUL JALIL BATTERJEE
Circular 10 (2005) SAAD RASHED MOHAMMAD AL-FAQUIH.
Circular 9 (2005) New Assistant Directors of Banking Supervision in situ and extra-situ
Circular 8 (2005) New Director of Banking Supervision
Circular 7 (2005) Agreement No. 01-2005.
Circular 6 (2005) Shaboom Investment, Inc. (Law No. 42 of 2000 and Agreement No. 9-2000).
Circular 5 (2005) SULAYMAN KHALID DARWISH
Circular 4 (2005) Divulgation of Credit Information Agreement 6-2000. Circular 30-2001
Circular 3 (2005) Agreements No. 2-2005 and 3-2005
Circular 2 (2005) Limit of general risk exposition in Related Parties (Article 64 of Decree Law No. 9 of 1998, numeral 5; Article 3, Agreement 10-99).
Circular 1 (2005) Politically Exposed Persons (PEPS)
Circular CFL 3-85 No. 1-2005. (2005) Residencial Mortgage Loans (Law 3-/85 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003
Circular CF-DL9-97 No. 1-2005. (2005) Loans for the Restauration of the Old City (Decree-Law No. 9/1997 and Law 4/2002).

Circulars 2004

Circular	Download
Circular 54 (2004) Cedula number clarification
circular 48 (2004) Farfalla Investment, S.A., Gloria Isabel Mora Romero and Alberto Rojas
circular 46 (2004) Suspicious Operations Report Form and Stipulated Documentation
Circular 45 (2004) JAMA’AT AL-TAWHID WA’ALJIHAD (JTJ).
Circular 43 (2004) Haraimain Islamic Foundation
Circular 42 (2004) New Director of the Financial Analysis Unit for the Prevention of Money
Circular 38 (2004) Bank Calendar.
Circular 37 (2004) Information under the Superintendency’s Web Page.
Circular 36 (2004) Agreement 8-2000 modified by Agreement 10-2000. Circular 76-2000.
Circular 35 (2004) Securities as Substitution for loans.
Circular 34 (2004) Transference System, New Country Code in table SB03.
Circular 33 (2004) Banking Reserve of the Banks.
Circular 32 (2004) Certification of the Revision of the “OFAC” Internet site.
Circular 31 (2004) Basle II Technical Committee.
Circular 30 (2004) ABDELHEDI Mohamed Ben Mohamed, DARRAJI Kamel, EL MAHFOUDI Mohamed, JAMMALI Imed Ben Bechir, LOUBIRI Habib Ben Ahmed, TRABELSI Chabaane Ben Mohamed.
Circular 29 (2004) New Capital Agreement (Basle II).
Circular CF-DL9-97 3-2004 (2004) Loans for Restoring the City’s Old Quarter (Decree Law No. 9/1997 and Law 4/2002).
Circular CFL 3-85 3-2004 (2004) Residential Mortgage Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99, 50/99 and 65/2003).
Circular 28 (2004) Assad Ahmad Barakat and the Casa Apollo and Barakat Import Export, Ltda. Companies.
Circular 27 (2004) Hassan Abdullah Hersi al-Turki, a.k.a. Hassan Turki.
Circular 26 (2004) Islamic Haramain (Afghanistan, Albania, Bangladesh, Ethiopia, Holland) Foundation and ex-Haramain Leader, Aqeel Adbul Asis Al Agil.
Circular 25 (2004) Resolution No. 201-1210 of the General Directorate of Revenue of the Ministry of Economy and Finance.
Circular 24 (2004) Assets Acquired in Compensation for Pending Credits. Agreement No. 1-2000 and 8-2002, Circular No.19-2002.
Circular 23 (2004) Kamel DJERMANE, Ahmed ZERFAOUI, Dhou EL-AICH, Hacene ALLANE.
Circular 22 (2004) Al Furgan, Taibah International (Bosnia), and Al-Haramain & Al Masjed Al-Aqsa Charity Foundation.
Circular 21 (2004) UAF-1 (FIU-1) Documents must include a certified true copy seal, May 18th 2004.
Circular 20 (2004) Rights established by Law No.6 of June 16, 1987.
Circular CF-DL9-97 2-2004 (2004) Preferential Mortgage Loans for Restoration (Decree Law No.9 of 1997, Circular CBN No.13-97).
Circular CFL 3-85 2-2004 (2004) Residential Mortgages Loans (Law 3/85, 11/90, 5/94, 28/95, 30/99 and 50/99).
Circular 19 (2004) Personnel in charge in the absence of the Compliance Official.
Circular 18 (2004) New Juridical Director and New Secretary General
Circular 17 (2004) Re-sending Bank Tables BAN02 of 2003
Circular 16 (2004) Monthly Reports for March 2004.
Circular 15 (2004) Quarterly Remitting of Reports of Economic Groups and Related Parties (Table BAN03).
Circular 14 (2004) Al-Zindani
Circular 13 (2004) Changing name of Management Control Unit to Compliance Unit
Circular 12 (2004) Weekly Remittance of Reports during the Carnival period (Monday February 23rd and Wednesday 25, 2004).
Circular 11 (2004) 2004 Calendar of the System for Transferring Information and other Printed Reports
Circular 10 (2004) Quarterly Remittance of Capital Adequacy (Table BAN05).
Circular 9 (2004) Route of “Tourism 2004 Carnival”
Circular 8 (2004) Four branches of the Al-Haramain Organization
Circular 7 (2004) Update of the Committee of Sanctions 1267 of the United Nations on Sulaiman Jassem Sulaiman Abo Ghaith
Circular 6 (2004) Notifications from the Superintendency of Banks
Circular 5 (2004) Transmittal of Economic Groups, Related Parts and Capital Adaptation for the last trimester of 2003
Circular 4 (2004) Circular No. 14-2003 of April 23, 2003 (Remission of Atom corresponding to the month of fiscal closure)
Circular 3 (2004) Submission of information through Atoms
Circular 2 (2004) Addition of four pseudonyms for LT and three for JEM
Circular 1 (2004) Updates to Executive Decree No. 13224 on Safet Durguti, Vazir y Hochburg Ags
Circular CF-DL9-97 1-2004 (2004) Preferential Mortgage Loans for Restorations. (Decree-Law No. 9 of 1997, Circular CBN No. 13-97).
Circular CFL 3-85 1-2004 (2004) Residential Mortgage Loans. (Law 3/85, 11/90,5/94, 28/95, 30/99 and 50/99).

Circulars 2003

Circular	Download
Circular 69 (2003) Calendar of suspension of customer services by the banking system
Circular 68 (2003) Remission of Agreement No. 10-2003
Circular 67 (2003) Modifies Circular No. 66-2003
Circular 66 (2003) Special Work Hours during Christmas and New Year Holidays
Circular 65 (2003) Requests for authorization to re-submit information
Circular 64 (2003) Remission of Agreement No. 9-2003
Circular 63 (2003) Enquiry about Status of the Information Remitted
Circular 62 (2003) Identification of the country of Burma and two of its Banks, the Myanmar Mayflower Bank and the Asia Wealth Bank, as possible facilitators of Money Laundering
Circular 61 (2003) “Know your Client” Policy, related to Executive Order Resolution 13224
Circular 60 (2003) Updates to Executive Order Resolution 13224
Circular 59 (2003) Due days and months
Circular 58 (2003) “Know-your-Client” Policy (Art. 1, Law 42 of 2000; Agreement 9-2000)
Circular 57 (2003) Agreements No. 7-2003 and No. 8-2003
Circular 56 (2003) Agreement No. 6-2003, Modification to Agreement No. 2-2003 of Microfinance Banks
Circular 55 (2003) Submission of Weekly Cash Atom (AT11)
Circular 54 (2003) Weekly Liquidity Atom (AT10)
Circular 53 (2003) Submission of the Weekly Liquidity Atom
Circular 52 (2003) MUJAHEDIN-E-KHALQ Organization
Circular 51 (2003) WALDENBERG AG Organization
Circular 50 (2003) Release from the INTERPOL National Central Office of Panama.
Circular 46 (2003)
Circular 45 (2003) HAMAS Organization
Circular 44 (2003) Regarding the concerns expressed concerning the validity of the Polaroid cedulas, we inform you on the criterion revealed by the Board of Elections.
Circular 43 (2003) Technology Consults
Circular 42 (2003) Restrictions of Code 9999 for Monthly and Weekly Liquidity Atoms and for Table BAN 04 Liability Component
Circular 41 (2003) Verification of OFAC list (Law 42 of 2000, Agreement 9 – 2000, Circular Letter N°28-2003)
Circular 40 (2003) Fiscal Equity Law
Circular 39 (2003) Consultations regarding the System of Transference of Information – Atoms
Circular 38 (2003) “Other Sectors Code” (Code 9999) Table SB08-AT03
Circular 37 (2003) First list of Individuals Related to Irak and Kuwait´s Situation, and Identified in Resolution 1483 (2003) of the Security Council of the United Nations.
Circular 36 (2003) Violation of Title V of Decree Law 9 of February 26 of 1998
Circular 35 (2003) Good and Rights under Trust Management
Circular 34 (2003) Compliance with Decree Law 1 of 1999
Circular 33 (2003) Press release issued by BIS
Circular 32 (2003) Audited Consolidated Financial Statements
Circular 31 (2003) Election Court provisions
Circular 30 (2003) OFAC List Updated
Circular 29 (2003) Dollar bills stained with red ink
Circular 28 (2003) “Know your Client” Policy. (Article 1, Law 42 of 2000; Agreement 9-2000)
Circular 27 (2003) Article No. 154 of Decree Law No. 9 of 1998 - Inactive Assets.
Circular 26 (2003) FATF 40 Recomendations (2003)
Circular 25 (2003) Update of the OFAC List.
Circular 24 (2003) Consultations relating to the Information Transmittal System – Atoms
Circular 23 (2003) Agreement 5-2003
Circular 22 (2003) Financial Action Task Force –FATF Warning
Circular 21 (2003) Confidentiality and Non-disclosure of Information. (Article 1, Paragraph 6 of Law 42 of 2000
Circular 20 (2003) Specially Designated Nationals and Blocked Persons List -SDN- of the OFAC
Circular 19 (2003) Out of Balance Credit Operations and Others
Circular 18 (2003) “Know your Client” Policy. (Article 1, Law 42 of 2000; Agreement 9-2000)
Circular 17 (2003) 6-2000 Global Portfolio Classification
Circular 16 (2003) FINCEN
Circular 15 (2003) Submission of Capital Adaptation
Circular 14 (2003) Re-submission of atom corresponding to the month of fiscal closure
Circular CFL 3-85 13-2003 (2003) Residential Mortgage Loans. (TLRM). (Law 3/85, 11/90, 5/94, 28/95, 30/99 and 50/99)
Circular CF-DL9-97 12-2003 (2003) Reference Rate Preferential Mortgage Loans for Restorations
Circular 11 (2003) Remission of Agreement No. 3-2003 and 4-2003
Circular 10 (2003) Special measures for non cooperative jurisdictions, financial entities and their international transactions regarding Money Laundering
Circular 9 (2003) Regional Congress for the Prevention of Money Laundering and Terrorist Financing.
Circular 8 (2003) International Narcotics Control Strategy Report.
Circular 7 (2003) Agreement No. 1-2003 and 2-2003.
Circular 6 (2003) Provision of information on collective policies. Freedom of contracting of insurers and brokers.
Circular 5 (2003)
Circular 4 (2003)
Circular 2 (2003) Calendar 2003 Closing Dates for the remittance of the Atoms and other printed reports.
Circular 1 (2003) Preferential Mortgage Loans for Restoration. (Decree-Law No. 9 of 1997, Circular CBN No. 13-97)
Circular 1 (2003) Contract Formats and Models

Circulars 2002

Circular	Download
Circular 49 (2002) Remittance of Information
Circular 48 (2002) Process of Transfer of Information
Circular 47 (2002) Information and application of Agreements 11-2002 and 12-2002
Circular 46 (2002) Calendar Of Suspension Of Attention To The Public By The Banking System
Circular 45 (2002) System of Modernization of the Superintendency of Banks
Circular 44 (2002) Conference “The Argentinean Crisis: Lessons for Panama"
Circular 43 (2002) Clarification of the Banking Calendar
Circular 42 (2002) New Banking Products
Circular 41 (2002) Agreement No. 07-2002, 08-2002, 09-2002 and 10-2002
Circular 40 (2002) Cash Atoms
Circular 39 (2002) Press release by Fitch Qualifying Agency titled: “Panamanian Banking System: First Half 2002 Performance Update”
Circular 38 (2002) New Form – External Auditors
Circular 37 (2002) Coactive Jurisdiction in Administrative Liquidations
Circular 36 (2002) Clarification on Credit Atom
Circular 35 (2002) Updating of OFAC List
Circular 34 (2002) Liquidity Atoms of Weekly (No. 10) and Monthly Liquidity (No. 07).
Circular 33 (2002) Process of functional validation of Information
Circular 32 (2002) Handling of the risk of off-balance credit operations
Circular 31 (2002) Continuous sanctions established by the United States of America against the Taliban
Circular 30 (2002) Request for Information, Website addresses
Circular 29 (2002) Aggressive Marketing Policies
Circular 28 (2002) Integral Functional Validations
Circular 27 (2002) Updated List of Frozen Assets of Persons and Entities
Circular 26 (2002) Information required to banks by the competent authority
Circular 25 (2002) New President and Secretary of the Board of Directors
Circular 24 (2002) Specially Designated Nationals and Blocked Persons- SDN List
Circular 23 (2002) Merger and Acquisition
Circular 22 (2002) Application Agreement No. 5-2002 and General Resolution 1-2002 of May 8 2002
Circular 21 (2002) Guidance for Financial Institutions in Detecting Terrorist Financing
Circular 20 (2002) Calculation of the Estimated Loss in the loans and credit facilities portfolio
Circular 19 (2002) Project of Modernization of the Superintendency of Banks
Circular 18 (2002) Deadline for adequacy
Circular 17 (2002) Publication of the Banking Setter
Circular 16 (2002) Deadline for the submittal of Audited Financial Statements corresponding to the closing of the fiscal exercise 2001
Circular 15 (2002) Models for the Security Bonds required to guarantee compliance with obligations to Public Entities
Circular 14 (2002) Project of Modernization of Communications
Circular 13 (2002) Specially Designated Nationals and Blocked Persons – SDN List
Circular 12 (2002) New section: The Banking Center in 2001.
Circular 11 (2002) FATF Report on the latest methods and trends of Money Laundering and Terrorist Financing
Circular 10 (2002) Route of the “Carnival of 2002”
Circular 9 (2002) Deadline for the submittal of reports corresponding to the month of January 2002
Circular 8 (2002) Request for Information as per Article 2 of Law No. 42 of October 2, 2000
Circular 7 (2002) Exception of limitation to the participation of a Bank in other companies
Circular 6 (2002) Strategic Plans
Circular 5 (2002) Request for Information on judicial proceedings
Circular 4 (2002) Update of the OFAC´s website (Office of Foreign Assets Control)
Circular 3 (2002) Deadline for the submittal of reports corresponding to the month of December 2001
Circular 2 (2002) New Director of Banking Supervision
Circular 1 (2002) Calendar of Suspension of Attention to the Public

Circulars 2001

Circular	Download
Circulars 43 (2001) Market Risk and User Protection respectively
Circulars 42 (2001) Alert Bulletin on three new entities related to terrorist acts.
Circulars 41 (2001) Calendar Of Suspension Of Attention To The Public By The Banking System
Circulars 40 (2001) Term for the banks to submit their Strategic Plan for 2002
Circulars 39 (2001) Specially designated nationals and blocked persons – SDN List.
Circulars 38 (2001) User Protection. Provision of Information on Collective Policies
Circulars 37 (2001) Project for the Modernization of Communications
Circulars 36 (2001) Flexibilization in credit and reduction in interest rates
Circulars 35 (2001) Instructions the Compliance Officers regarding banking and /or trust issues
Circulars 34 (2001) Limit of General exposure of individual risk. Limit of general exposure in related parties
Circulars 33 (2001) Invitation to the induction session of the Project of Modernization of Communications
Circulars 32 (2001) Updated of the requirements and criteria for the Granting of Banking Licenses
Circulars 31 (2001) Distribution of the software for capturing and sending ifnormation through the internet
Circulars 30 (2001) Quarterly Submittal of Consolidated Financial Statements
Circulars 29 (2001) Request information required in the monthly form SB-EXPOS
Circulars 28 (2001) Certification of Compliance of Requirements of Capital Adequacy of branches of Foreign Banks having International License.
Circulars 27 (2001) Certification of Compliance of Requirements of Capital Adequacy of branches of Foreign Banks having General License.
Circulars 26 (2001) Limit of general risk exposure in Related Parties
Circulars 25 (2001) Withdraw of the recopilation of General Resolutions, Circulars and Agreements
Circulars 24 (2001) New President and Secretary of the Board of Directors
Circulars 23 (2001) Classification of the Investments Portfolio, Agreement 7-2000
Circulars 22 (2001) E-banking
Circulars 21 (2001) Bank mergers
Circulars 20 (2001) Agreement 2-2001, modified Articles 3 and 4 of Agreement 1-98 on the Regulation and Banking supervision Rate
Circulars 19 (2001) reiterate the criterion of interpretation of regarding the application of the retention established in Law 4 of 1994
Circulars 18 (2001) Agreement 1-2001: Modification of Agreement 7-2000
Circulars 17 (2001) Investments Classification Form (Agreement 7-2000)
Circulars 16 (2001) General Resolution No. 01-2001. Country Risk
Circulars 15 (2001) Loans to Related Parties. Article 64 DL 9-98, Agreement 2-99
Circulars 14 (2001) Economic Banking Groups /Consolidated Supervision
Circulars 13 (2001) Sanctions to Decree-Law 9 and its Regulations
Circulars 12 (2001) Quarterly delivery of Consolidated Financial Statements
Circulars 11 (2001) Technical infrastructure used by Banks
Circulars 10 (2001) Opening of establishments abroad by Panamanian Banks
Circulars 9 (2001) Local market reference rate for commercial financing
Circulars 8 (2001) Request of the Bank´s e-mail
Circulars 7 (2001) Agreement 5-98 and 6-98 Capital Adequacy
Circulars 6 (2001) Economic Banking Groups /Consolidated Supervision
Circulars 5 (2001) Loans to Related Parties
Circulars 4 (2001) Reports on the limit of general exposure to individual risk in related parties and in economic banking groups
Circulars 3 (2001) Determining the level of investment performed by the privatized and administrative license companies
Circulars 2 (2001) Reports on the limit of general exposure to individual risk in related parties and in economic banking groups
Circulars 1 (2001) Term for the submittal of December 2000 reports

Circulars 2000

Circular	Download
Circulars 76 (2000) Agreement 10-2000, modifies Agreement 8-2000. Notification of Compliance Officer New Form
Circulars 75 (2000) Quarterly Delivery of Consolidated Financial Statements
Circulars 73 (2000) Quarterly delivery of Financial Statements
Circulars 71 (2000) Internet Banking Services
Circulars 70 (2000) Request for information on the calculation of the cash deposit limit of usual customers
Circulars 69 (2000) Request for information on judicial proceedings
Circulars 67 (2000) General Resolution No. 8-2000
Circulars 66 (2000) Modification of the Risk Interest Rate Form
Circulars 65 (2000) Identification of depositors to the Bank. “Know your Customer” Policy
Circulars 64 (2000) Loans Portfolio Classification New Forms
Circulars 63 (2000) Unauthorized Activities of Representative Offices
Circulars 62 (2000) Calendar Of Suspension Of Attention To The Public By The Banking System
Circulars 61 (2000) Banking services by Internet
Circulars 60 (2000) Introduction of Lic.Enrique de Obarrio De La Guardia as the new Legal Director of this Superintendency
Circulars 59 (2000) Provitions for the reports of suspicious operations
Circulars 58 (2000) International Accounting Standards
Circulars 57 (2000) Agreement 9-2000 for the Prevention of the Ilegal Use of the Banking Services
Circulars 56 (2000) Clarification relate to the Forms for the report on limit of general exposal of individual risk, in related parties, and in economic banking group
Circulars 55 (2000) Delivery term for Risk of Interest Rate and Related Parties Forms
Circulars 54 (2000) Modified Circular 37-2000, Real Estate Acquired by means of Past Due Credits Report Form
Circulal 53 (2000) Revision of Guarantees
Circulars 52 (2000) Request of certifications of the Superintendency on the duration of their License and /or the scope of authorized operations
Circulars 51 (2000) Term for the submittal of reports in November
Circulars 50 (2000) Knowledge and application of the Anti-Money Laundering System
Circulars 49 (2000) Money Laundering Prevention
Circulars 48 (2000) Term of delivery for the Risk of Interest Rate and Related Parties forms
Circulars 47 (2000) Modifies Circulars 27-2000
Circulars 46 (2000) Modifies Circulars No. 36-2000; 39-2000; 40-2000
Circulars 45 (2000) Reports and Forms of Minimum Legal Liquidity
Circulars 44 (2000) Handling of Country Risk General Resolution No. 07-2000
Circulars 43 (2000) Terms for the remittanceof models and formats of contracts
Circulars 42 (2000) Compliance Officer (Agreement 8-2000)
Circulars 41 (2000) Terms of retention applied by the banks to funds deposited with cheques by account holders in their Demand Deposits
Circulars 40 (2000) Report on the economic banking group
Circulars 39 (2000) Modified Circular 36-2000
Circulars 38 (2000) Support of the free and fluid circulation in Panama of US dollar bills
Circulars 37 (2000) Report on real estates acquired for past due credits
Circulars 36 (2000) Report on the limit of general exposal to individual risk
Circulars 35 (2000) Acceptnacte of US dollars of any denomination
Circulars 34 (2000) Inspection Rates, General Resolution 1-98
Circulars 33 (2000) Classification of investments and constitution of provisions, Agreement 7-2000
Circulars 31 (2000) Inactive Accounts, Article 154 of Decree Law 9 of 1998
Circulars 30 (2000) Payments to the Superintendency of Banks in concept of Regulation and Bank Supervision Rate, Fines and Inspections
Circulars 29 (2000) Minimum legal liquidity index, Notion of Affiliate (Agreement 2--2000)
Circulars 28 (2000) Classification of loans and constitution of provisions, Agreement 6-2000
Circulars 27 (2000) Interest Rate Risk Management (General Resolution 2-2000)
Circulars 26 (2000) New President and secretary of the Board of Directors
Circulars 25 (2000) New publication of the Legal System of the Special Interest Compensation Fund (FECI)
Circulars 24 (2000) Fines for late submittal of reports /related documents with complaints from the users of banking services
Circulars 23 (2000) Adoption by the Superintendency of Banks of the selection of the Accounitng and Auditing System
Circulars 22 (2000) Elimination of basic charge to International License Banks for provision of Cash
Circulars 20 (2000) Submittal of the Audited Financial Statements
Circulars 19 (2000) Interest Rate Risk Management
Circulars 18 (2000) Submittal of consolidation detail
Circulars 17 (2000) Resolution J.D. No. 02-2000 of March 15, 2000 of the Board of Directors
Circulars 16 (2000) Report of Legal Liquidity Index
Circulars 15 (2000) Deadline for the submittal of reports in March
Circulars 13 (2000) Weekly frequency of the Legal Liquidity Report
Circulars 12 (2000) Real Estate Property acquired in compensation in pending credits
Circulars 11 (2000) Acceptable currency for Legal Liquidity Index
Circulars 10 (2000) Conditions for the compliance of the Minimum Legal Liquidity
Circulars 9 (2000) Quality of the US Dollar Bills
Circulars 8 (2000) Documents addressed to the Superintendency of Banks
Circulars 7 (2000) Withdraw of the Guide to Installation of Connection to the Communications Server
Circulars 6 (2000) New Director of Banking Supervision of the Superintendency of Banks
Circulars 5 (2000) Deadline for communicating the election between NICs and US-GAAP
Circulars 4 (2000) User protection. Freedom of contracting of underwriters and brokers
Circulars 3 (2000) Local market reference rate for commercial financing
Circulars 2 (2000) Agreements 8-2000, 9-2000, 10-2000 and 11-2000
Circulars 1 (2000) Congratulations to the Banking System for adjusting to year 2000

Circulars 1999

Circular	Download
Circulars 42 (1999) Calendar for the Suspension of Customer Service by the Banking System (Arts. 157 and 17 paragraph 18, DL 9-98; Circulars 22-98 and 16-99)
Circulars 41 (1999) 2000 Calendar for the suspension of Customer Service by the Banking System
Circulars 40 (1999) Starting date of current Superintendent of Banks
Circulars 39 (1999) Appointment of Interim Superintendent of Banks
Circulars 38 (1999) Closure Schedule (Arts. 152 and 17 Number 18), D.L. 9/98; Circulars 22-98 and 16-99
Circulars 37 (1999) Non-business day
Circulars 36 (1999) Notice related to bills of exchange issued by the Superintendency of Banks and Financial Entities of Bolivia
Circulars 35 (1999) Domestic Time Deposits Interest Rates (Article 58, Number 1 of Decree Law No. 9 of 1998; General Resolution No. 5-99)
Circulars 34 (1999) Submittal of SB-CA2000-13 Form
Circulars 33 (1999) Increments of Cash Available Levels by Banco Nacional de Panama
Circulars 32 (1999) Term to inform about choosing between AIS and US-GAAP (Rule No. 4-99; General Resolution 3-99, Circular No. 23-99)
Circulars 31 (1999) Term for the submittal of November reports (General Resolutions 2-99 and 5-99)
Circulars 30 (1999) Banking Center’s Closure Schedule for 1999 onwards (Arts. 152, 17 (Number 18); D.L. 9-98; Circular No. 22-98)
Circulars 29 (1999) Balance Sheet Statement and Income Statement (Art. 58, number 1 of Decree Law 9 of 1998)
Circulars 28 (1999) Survey. HTTP and email addresses. Internet Banking Services
Circulars 27 (1999) Information from Juridical Persons. New Public Registry Information System through internet. Account Opening procedures. (Art. 1, C.D. 41/90, amended by Law 46)
Circulars 26 (1999) Banks’ Contingency Plans
Circulars 25 (1999) Capital Regulations. Amendments to Rules 5-98 and 6-98
Circulars 24 (1999) Term for the submittal of loans and credit facilities list. Related Parties (Arts. 1, 2 and 8 Rule No. 2-99)
Circulars 23 (1999) Term to inform about choosing between AIS and US-GAAP
Circulars 22 (1999) Income Statement
Circulars 21 (1999) New Board of Directors of the Superintendency of Banks
Circulars 20 (1999) Circular No. 10-99
Circulars 19 (1999) Description of National Banking System’s Household Mortgage loans
Circulars 18 (1999) Term for the submittal of monthly Balance Statement and Income Statement. (Article 58, Number 1, D.L. 9 of 1998)
Circulars 17 (1999) Electronic Records Management (Law 11 of 1998, E.D. 57 of 1999; Circular CBN9-98)
Circulars 16 (1999) 1999 Banking Center’s Closure Schedule
Circulars 15 (1999) Auditing and Accounting Acceptable Standards: AIS, US-GAAPS, IAS and SAS
Circulars 14 (1999) Term for the submittal of monthly Balance Statement and Income Statement. (Article 58, Number 1, D.L. 9 of 1998)
Circulars 13 (1999) New Communication System Survey
Circulars 12 (1999) Term to adjust to Capital Adequacy provisions (Art. 45 D.L. 9/98, Rule 5-98)
Circulars 11 (1999) General Resolution No. 1-99 of 5 February 1999
Circulars 10 (1999) Cash and Quasi-cash Declaration Forms Reception and Processing
Circulars 9 (1999) Consumer Day
Circulars 8 (1999) Basel Committee on Banking Supervision Report
Circulars 7 (1999) Relocation of the Superintendency of Banks
Circulars 6 (1999) Custody of Banks’ Operations Documentation (General Resolution No. 1-99)
Circulars 5 (1999) Accounting International Standards (Rule 3-98, General Resolutions No. 2-98 and 3-98, Circular No. 18-98)
Circulars 4 (1999) Usual Operations
Circulars 3 (1999) Relocation of the Administration and Finance Division offices
Circulars 2 (1999) Circular No. 26-98 (Arts. 19, 63, 64, and 73-A of the Banking Law)
Circulars 1 (1999) Superintendent of Banks’ Incorporation

Circulars 1998

Circular	Download
Circular 27 (1998) Banking Regulatory and Supervisory Assessment Fees. (Arts. 19 and 137, D.L. 9 of 1998, Rule No. 1-98).
Circular 26 (1998) Law No. 97 of 21 December 1998.
Circular 25 (1998) Term for the submittal of SB-CA2000-03 Form (Circular 9-98).
Circular 24 (1998) Y2K Problem. (Circulars 1-98 and 9-98).
Circular 23 (1998) 1999 Banking Center’s Closure Schedule. Arts. 152, 17 (Number 18, D.L. 9 of 1998; Circular No. 22-98).
Circular 22 (1998) 1999 Banking Center’s Closure Schedule.
Circular 21 (1998) Rules No. 5-98 and 6-98. Capital Adequacy application requirements.
Circular 20 (1998) International Cooperation for Consolidated Supervision (Arts. 27 and following, D.L. 9 of 1998, Rule 4-98).
Circular 19 (1998) Closure Schedule.
Circular 18 (1998) Rule 3-98 of 23 September 1998 and General Resolution No. 2-98 of 30 September 1998.
Circular 17 (1998) Penalties for late submittal of periodic reports/documents (Arts. 137, 138, 16 – Number 7, Rule No. 2-98, NBC Rule No. 2-92).
Circular 15 (1998) Display and publication of Audited Financial Statements.
Circular 14 (1998) Instability in main international and Latin American stock markets.
Circular 13 (1998) General Resolution No. 1-98. Inspection Fees.
Circular 12 (1998) Banking Regulatory and Supervisory Assessment Fees.
Circular 11 (1998) SB-LPD Form. Partial – Daily Liquidity Report (Circular 6-98).
Circular 10 (1998) Intervention Order to BANCO DE PRESTAMOS (PANAMA), S.A.
Circular 9 (1998) Circular No. 001-98 SB-CA2000-03 Form.
Circular 8 (1998) Anti-Money Laundering Regulations (Art. 164, D.L. 9 of 1998; C.D. 41 of 1990; Lay 46 of 1995; E.D. 234 of 1996; NBC Rules No. 5-90, 1-91, 2-96, 1-97, 2-97, 3-97).
Circular 7 (1998) Non-audited Financial Statements as of quarterly closure. Article 57 of DL 9/98
Circular 6 (1998) Partial – Daily Liquidity Report. Article 49 DL 9-98.
Circular 5 (1998) Consumer Protection. Freedom to contract insurers and insurance brokers. Article 36 Law 59 of 1996.
Circular 4 (1998) Circular No. 12-98 issued by the National Banking Commission
Circular 3 (1998) Article 54 DL 9/98.
Circular 2 (1998) Rule 1-98.
Circular 1 (1998) Y2K Problem

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