Central American Financial Supervisors Enhance Their Capacity to Address Banking Crises
On July 10–11, the Regional Technical Assistance Center for Central America, Panama, and the Dominican Republic (CAPTAC‑DR) conducted the Supervisory Evaluation of Bank Recovery Plans Course in Panama City. The course was addressed to members of the Resolution and Crisis Management Committee of the Central American Council of Bank, Insurance, and Financial Supervisors (CCSBSO).
The activity aimed to strengthen the technical skills of financial supervisors in the region, with a particular focus on evaluating bank recovery plans through practical case studies centered on operational continuity, governance, and institutional resilience.
In his welcome remarks, Superintendent Milton Ayón Wong emphasized the importance of such initiatives, stating that “in an increasingly interconnected financial environment, recovery plans have become the first line of defense for supervisors and the institutions themselves in the face of stress episodes.”
The event featured key contributions from Ari Aisen, Director of CAPTAC‑DR at the International Monetary Fund (IMF); Raúl Real, Resident Advisor on Financial Supervision and Regulation at CAPTAC‑DR; and Miguel Otero, from the IMF’s Monetary and Capital Markets Department. All shared essential knowledge and international experience on these topics.
This initiative reinforces CCSBSO’s commitment to early preparedness, coordinated action, and effective supervision for regional financial stability. It also reflects the host country’s dedication to advancing a more aware, strong, resilient, and future-ready supervisory framework that continues to contribute actively to the regional agenda.