Association of Supervisors of Banks of the Americas logo

Mission

Contribute to the strengthening of bank regulation and supervision and financial system stability in the Region by actively sharing information and disseminating knowledge; providing support and services that lead to increased technical capacity and leadership; supporting the adoption and implementation of sound supervisory practices; and promoting timely and relevant international dialogue.

Vision

To be acknowledged at an international level as the organization of reference regarding banking regulation and supervision issues in the Americas.

Objectives

Promote and maintain close communication among the Association’s Members, in order to facilitate co-operation among them, and to promote the improvement of their respective capabilities; Provide its members with a high-level discussion forum for the exchange of information, ideas, techniques, experiences and knowledge over their scope of competence; Promote and carry out research and analysis on financial regulation and supervision as well as financial stability; Organize and conduct systematic and permanent training programs as well as technical cooperation among its Members; Promote cooperation and exchange relationships with non-member bank supervisors, with financial standard setting institutions, with international and multilateral technical cooperation institutions, with other organizations with similar objectives and with organizations representative of the supervised entities; and In general, to carry out every activity related to its purposes.

Governing Structure

The General Assembly is the supreme authority of the Association and is integrated by all Associate Members. The Assembly will be summoned at least once a year, but can be summoned by the Board on a more frequent basis and if deemed as necessary.

The General Assembly will be summoned, for legal purposes, in the place and venue determined by the Board, communicating this decision to all Associate Members in advance and in a written manner. The General Assembly will be chaired by the President of the Association and, in its absentia, by the Vice-President of the Association.

Powers granted to the Assembly, are the following:
  1. To approve or modify the bylaws of the Association;
  2. To determine the amount and payment way of all contributions and fees charged to its Associate Members and Collaborators;
  3. To determine about the possibility of admitting any new Associate Member;
  1. To elect the President and Vice-President of the Board;
  2. To be informed about the reports, deliberations and resolutions undertaken by both the Board and the General Secretariat regarding all activities, programs and budget concerning the Association;
  3. To approve all annual, audited financial statements in the terms previously agreed for these purposes, as well as to approve the Annual Report submitted by the Board. The General Assembly will also have powers to require auditors working for the Association to produce any kind of information, at any time, related to aspects of importance for the Association.
  4. Any other that could be derived from the application of the present by laws.

The Board has been granted with the most ample powers, as envisaged in the corresponding laws and regulations, without any limitation, being those powers exerted in a joint manner with the General Secretariat.

Powers granted to the Board, are the following:
  1. To approve and verify compliance with institutional policies and guidelines in order to ensure the adequate implementation of all programs and projects;
  2. To design both the annual working plan and the budget plan, as well as to submit them to the General Assembly for their approval;
  3. To appoint the Secretary General;
  4. To propose before the Assembly, and approve in any case, every new application for membership;
  5. To discuss and approve any new application for membership coming from other organizations and in order to be admitted as Collaborator;
  6. To appoint a well-recognized auditing firm to undertake audit activities and whose line of reporting will be towards the Assembly or a designated and;
  7. To undertake any necessary measure deemed to be in the best interest and convenience for the adequate performance of the Association.

As a matter of fact, all representatives belonging to each Regional Group will be granted with powers to elect, during an ex profeso session, a Director, for a time span of two years; the above, exception made for the Non-Regional Group, who will be eligible to appoint a Director only in those cases in which such a group has at least a number of three members. Elections for Directors will be undertaken every two years on an alternate basis, being the directorships for the Caribbean Group and the Central America Group electable in years with an odd termination and the directorships for North America, Southern Group and the Andean Region electable in the immediate subsequent year.

  • Chairman Banco Central del Uruguay, Uruguay. Juan Pedro Cantera Sención Superintendente de Servicios Financieros
  • Vice Chairman Superintendencia de Bancos, Guatemala. José Alejandro Arévalo Alburez Superintendente
  • Director for the Caribbean Region Bank of Jamaica, Jamaica. Maureen Simms Deputy Governor, Financial Institutions Supervisory Division
  • Director for the Central American Region Comisión Nacional de Bancos y Seguros. Ethel Deras Comisionada Presidente
  • Director for the Southern Cone Region Banco Central do Brasil, Brasil. Paulo Sérgio Neves de Souza Director de Fiscalización
  • Director for the North American Region Office of the Comptroller of the Currency, United States Teresa Rutledge Director for International Banking Supervision
  • Director for the Andean Region Superintendencia Financiera de Colombia, Colombia. Jorge Castaño Gutiérrez Superintendente
The Secretary General will be granted with the following powers and functions:
  1. To prepare, at the end of every period, the Final Report, that will be submitted to the Board;
  2. To prepare, on an annual basis, a working plan proposal and a budget proposal, to be submitted to the Board for approval;
  3. To implement and manage an annual working plan as well as the Association´s budget proposal, with strict adherence to the internal procedures and guidelines envisaged for these purposes and as approved by the Board;
  4. To appoint and remove all personnel conforming the General Secretariat, and other personnel under its direct reporting line, according to the policies envisaged by the Board;
  5. To select and hire any kind of external service in order to comply with the functions that the General Secretariat has been endowed with, all of the above within the previously authorized limits established by the Assembly and the Board;
  6. To maintain, in an orderly and transparent manner, all archives and institutional information, according to the policies approved for these purposes;
  7. To collaborate with the general Assembly as well as with the Board when implementing all previously approved programs and projects;
  8. To ensure absolute compliance to what is envisaged in the applicable legislation affecting the Association.

Association By-Law

Association By-Law

Associated Members and Collaborators

The Association will have two categories for its membership: i) Associate Members; and ii) Collaborators. There will be considered as potential Associate Members, the following authorities and institutions:

  1. Authorities devoted to regulation and supervision of banking institutions throughout the Americas. These authorities need to apply for its membership in a written manner, being the final approval granted by the Assembly;
  2. Institutions with a regional, significant, banking supervision responsibility, such as supervisors from the countries of origin of internationally active banks operating in the region of the Americas. These institutions need to explicitly ask for a petition to become a Non-regional Associate Member, in a written manner and with the prior approval of the Assembly and after a five year period of membership in ASBA as Collaborators; approval will be granted by the Assembly, considering, among other things, how active has been the participation of the Collaborator in the activities of the Association.
  1. All those institutions with a proven capacity to offer assistance to ASBA will be considered as Collaborators. Collaborators will be endowed with the same rights as those of Associate Members with the exception of voting rights and being electable to become either President, Vice-president or Secretary General of the Association.

Associate Members or Collaborators will be represented before ASBA by their most important officer in charge of banking regulation and supervision duties in their countries, or by any other person appointed by such an officer.

Associated Members

Autoridad de Supervisión del Sistema Financiero
Autoridad de Supervisión del Sistema Financiero https://www.asfi.gob.bo/ Lenny Valdivia Bautista Directora General Ejecutiva a.i. Bolivia
Banco Central de Cuba
Banco Central de Cuba http://www.bc.gob.cu/ Mercedes López Marrero Superintendente Cuba
Banco Central de la República Argentina
Banco Central de la República Argentina http://www.bcra.gov.ar/ Fabián Zampone Superintendente de Entidades Financieras y Cambiarias Argentina
Banco Central del Paraguay https://www.bcp.gov.py/ Hernán Melanio Colman Rojas Superintendente de Bancos Paraguay
Banco Central del Uruguay
Banco Central del Uruguay http://www.bcu.gub.uy/ Juan Pedro Cantera Sención Superintendente de Servicios Financieros Uruguay
Banco Central do Brasil
Banco Central do Brasil http://www.bcb.gov.br/ Paulo Sérgio Neves de Souza Director de Fiscalización Brazil
Banco de España
Banco de España http://www.bde.es/ Julio Durán Hernández Director General de Supervisión Spain
Bank of Guyana
Bank of Guyana https://www.bankofguyana.org.gy/ Ramnarine Lal Director, Banking Supervision Guyana
Bank of Jamaica
Bank of Jamaica http://www.boj.org.jm/ Maurene Simms Deputy Governor, Financial Institutions Supervisory Division Jamaica
Banque de la République de Haïti
Banque de la République de Haïti http://www.brh.net/ Jean Baden Dubois Governor Haïtí
Board of Governors of the Federal Reserve System
Board of Governors of the Federal Reserve System https://www.federalreserve.gov/ Mary Aiken Senior Associate Director, Supervision & Regulation Division United States
Cayman Islands, Monetary Authority
Cayman Islands, Monetary Authority http://www.cimoney.com.ky/ Anna McLean Deputy Managing Director Cayman Islands
Centrale Bank van Aruba
Centrale Bank van Aruba http://www.cbaruba.org/cba/home.do Prakash Mungra Executive Director Aruba
Centrale Bank van Curaçao en Sint Maarten
Centrale Bank van Curaçao en Sint Maarten http://centralbank.cw/ E.D. Tromp President Curaçao
Central Bank of Barbados
Central Bank of Barbados http://www.centralbank.org.bb/ Marlene Bayne Director, Bank Supervision Department Barbados
Central Bank of Belize
Central Bank of Belize https://www.centralbank.org.bz/ A. Joy Grant Governor Belize
Central Bank of the Bahamas
Central Bank of the Bahamas http://www.centralbankbahamas.com/ Charles Littrell Inspector of Banks & Trust Companies Bahamas
Central Bank of Trinidad and Tobago
Central Bank of Trinidad and Tobago http://www.central-bank.org.tt/ Michelle Chong Tai-Bell Inspector of Financial Institutions Trinidad and Tobago
Central Bank van Suriname
Central Bank van Suriname https://www.cbvs.sr/ Glenn H. Gersie President Suriname
Comisión Nacional Bancaria y de Valores
Comisión Nacional Bancaria y de Valores http://www.gob.mx/cnbv Jaime González Aguadé Presidente Mexico
Comisión Nacional de Bancos y Seguros
Comisión Nacional de Bancos y Seguros http://www.cnbs.gob.hn/ Ethel Deras Comisionada Presidente Honduras
Eastern Caribbean Central Bank (ECCB)
Eastern Caribbean Central Bank (ECCB) http://www.eccb-centralbank.org/ Timothy Antoine Governor Organization of Eastern Caribbean States
Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation https://www.fdic.gov/ Galo Cevallos Senior International Advisor United States
Financial Services Commission
Financial Services Commission http://www.bvifsc.vg/ Kenneth B. Baker Deputy Managing Director, Regulation British Virgin Islands
Office of the Comptroller of the Currency
Office of the Comptroller of the Currency https://www.occ.treas.gov/ Teresa Rutledge Director for International Banking Supervision United States
Oficina del Comisionado de Instituciones Financieras
Oficina del Comisionado de Instituciones Financieras http://www.ocif.gobierno.pr/ George Joyner Comisionado Puerto Rico
Superintendencia de Banca, Seguros y AFP
Superintendencia de Banca, Seguros y AFP http://www.sbs.gob.pe/ Socorro Heysen Zegarra Superintendente Perú
Superintendencia de Bancos
Superintendencia de Bancos http://www.sib.gob.gt/ José Alejandro Arévalo Alburez Superintendente Guatemala
Superintendencia de Bancos de Panamá
Superintendencia de Bancos de Panamá https://www.superbancos.gob.pa/ Ricardo G. Fernández D. Superintendente de Bancos Panamá
Superintendencia de Bancos de República Dominicana
Superintendencia de Bancos de República Dominicana http://www.sb.gob.do/ Luis Armando Asunción Superintendente República Dominicana
Superintendencia de Bancos del Ecuador
Superintendencia de Bancos del Ecuador http://www.superbancos.gob.ec/ Christian Mauricio Cruz Rodríguez Superintendente Ecuador
Superintendencia de Bancos e Instituciones Financieras
Superintendencia de Bancos e Instituciones Financieras http://www.sbif.cl/ Eric Parrado Herrera Superintendente Chile
Superintendencia de Bancos y de Otras Instituciones Financieras de Nicaragua
Superintendencia de Bancos y de Otras Instituciones Financieras de Nicaragua http://www.siboif.gob.ni/ Víctor Manuel Urcuyo Vidaurre Superintendente Nicaragua
Superintendencia de las Instituciones del Sector Bancario
Superintendencia de las Instituciones del Sector Bancario http://sudeban.gob.ve/Antonio Morales Rodríguez Superintendente Venezuela
Superintendencia del Sistema Financiero
Superintendencia del Sistema Financiero http://www.ssf.gob.sv/ José Ricardo Perdomo Superintendente El Salvador
Superintendencia Financiera de Colombia
Superintendencia Financiera de Colombia https://www.superfinanciera.gov.co/ Jorge Castaño Gutiérrez Superintendente Colombia
Superintendencia General de Entidades Financieras
Superintendencia General de Entidades Financieras https://www.sugef.fi.cr/ Javier Cascante Elizondo Superintendente General de Entidades Financieras Costa Rica
Turks & Caicos Islands Financial Services Commission
Turks & Caicos Islands Financial Services Commission http://tcifsc.tc/ Niguel Streete Managing Director Turks & Caicos

Collaborators

Banco Central de Reserva de El Salvador
Banco Central de Reserva de El Salvador http://www.bcr.gob.sv/ Oscar Cabrera Melgar Presidente El Salvador
Comisión Nacional de Microfinanzas
Comisión Nacional de Microfinanzas http://www.conami.gob.ni/ Jim Madriz López Presidente Ejecutiva Nicaragua
Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros
Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros http://www.gob.mx/condusef Mario Alberto di Costanzo Presidente Mexico