Banking Law

In 1998, the Republic of Panama updated its banking legislation to ensure its compliance with the Basel I principles, which included creating a new banking regulator (the Banking Superintendency of the Republic of Panama).

This new legislation brought in a number of new dispositions, such as economic and administrative autonomy for the banking regulator, capital and liquidity indexes for banks and regulations for interparty transactions and lending to economic groups/related parties.

Our firm has represented important Banks within the Panama banking sector for over 40 years.

Likewise, V, V & GM has provided legal advise to sole credit bureau in the Republic of Panama, including participation in the drafting of legislation governing this area, which is closely intertwined with the banking sector.

Furthermore, our law firm has ample direct experience with banking interventions and liquidations.