New banking liquidity regulation was issued by the Superintendency whereby the provisions on liquidity risk management and the short-term liquidity coverage ratio are established. The document is based on Basel III and will be effective as of July 2018 for all Panama Banks that operate with a general and international license. Among the main aspects of the new banking liquidity regulation, we will found that the Panamanian banks must comply with senior management that will be responsible for developing and implementing the liquidity risk management strategy, in accordance with the bank’s risk tolerance. This strategy should include specific policies for ...
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