the Superintendency of Banks of Panama (SBP) participated in the 117th Session of the Board of Directors, Committee Meetings, and Technical Meeting of the Association of Banking Supervisors of the Americas (ASBA), held in Mexico City from February 10 to 12, 2016, as part of its agenda for technical cooperation and strengthening risk-based supervision. The meeting provided an opportunity to follow up on regional strategic guidelines regarding prudential regulation, digital transformation, integrated risk management, and the evaluation of the sustainability of banking business models, in an increasingly interconnected and technologically advanced financial environment.
The Superintendent of Banks of Panama, Milton Ayón Wong, participated in this important regional meeting, which brought together the highest supervisory authorities of the continent to analyze the most relevant challenges facing the banking sector in a dynamic and digitalized global environment.
Mr. Ayón was accompanied by Ms. Kathy de Guardia, Director of International Affairs and Projects at the SBP, who actively participated in the technical sessions and regional coordination meetings.
Through its participation, the SBP actively contributes to the regional strategic vision and strengthens its commitment and leadership with modern, robust supervision aligned with the highest international standards, for the benefit of the stability and confidence of the Panamanian financial system.