Regulatory Alerts2022-08-23
Agreement No. 8 (2022) Modifying Article 2 of Agreement No. 3-2016 on Risk-Weighted Credit Assets and Counterparty Risk
The Superintendency of Banks of Panama issued Agreement No. 008-2022 to amend the asset classification criteria for risk weighting under Agreement No. 3-2016. The regulation establishes updated valuation requirements and loan-to-value limits for mortgage-backed residential and commercial loans across risk categories 4 through 7. It also repeals Resolution General of the Board of Directors SBP-GJD-0001-2022 and mandates immediate effect upon promulgation.
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