SBP Provides AML Training to Reporting Entities

The Superintendency of Banks of Panama (SBP), as the banking and trust supervisor and regulator, is committed to providing continuous training to the entities under its supervision. This commitment aims to strengthening compliance and enhance the management of money laundering risks.

The Prevention and Control of Illicit Operations Division organized a training session for employees of banks and trust companies. The session focused on the “Standardization of Compliance Duties with an Anti-Money Laundering, Countering the Financing of Terrorism and Weapons of Mass Destruction (AML/CFT/WMD) risk-based approach in the trust business.”