“For the Superintendency of Banks, it is vitally important to bolster the knowledge of the financial sector,” said the Superintendent of Banks, Amauri A. Castillo, during the opening ceremony of the second training session on the “Anti-corruption Integrity Guidelines,” addressed to the Compliance personnel of banking institutions.
This training session will contribute to reinforcing the knowledge of the banking sector representatives and will allow, in turn, to maintain a comprehensive, transparent, dependable, competitive, and secure financial system, the Superintendent remarked.
The Anti-corruption Integrity Guidelines is a commitment made during the Public-Private Dialogue between the United States and Central America held in 2021. The document was prepared with the nonrefundable technical assistance of the Inter-American Development Bank (IDB), through the “promoting transparency and integrity of the corporate governance system” program.
The Superintendency of Banks of Panama, the Panama Banking Association, and the consulting firm Miller & Chevalier Chartered jointly drafted the guidelines, under the coordination of the IDB.
Matt Ellis, partner at Miller & Chevalier, explained the overview of the integrity guide, the importance of setting an anti-corruption compliance program, the importance of assessing risks, and practical advice on how to analyze them, among other topics.
