4 de mayo de 2024

85°nubes dispersas

We are part of The Trust Project

Rules change for international banks en Puerto Rico

Governor Pierluisi and Financial Institutions Commissioner Natalia Zequeira Díaz announced two bills that will impose stricter criteria on these entities on the island

April 19, 2023 - 6:46 AM

Archival note

This content was published more than 1 year ago.

The magnitude of the oversight move became evident yesterday when Governor Pedro Pierluisi, along with OCIF Commissioner Natalia Zequeira Díaz, made the announcement from La Fortaleza. (Captura)

By Maricarmen Rivera Sánchez

Periodista de Negociosmaricarmen.rivera@gfrmedia.com

The Legislative Assembly will consider two bills that seek to change the rules of the game for international banks operating on the island, establishing stricter capital requirements, more costly licenses, and more oversight from the Office of the Commissioner of Financial Institutions (OCIF).