IMF staff suggest changes to Paraguyan supervision
Report calls for new pension fund supervisor and better supervision of non-banks
Paraguay’s non-bank credit institutions could be grouped into a single association supervised by the country’s central bank, International Monetary Fund staff say.
Paraguayan authorities also need to establish a supervisor for pension funds, IMF staff say in their latest Article IV assessment.
The IMF staff report analyses efforts to extend the Central Bank of Paraguay’s supervision to the non-bank financial sector. The report says non-bank “credit houses” remain largely unregulated in
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