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Controversy Arises in Municipal Boxes by Filters to Directors, What Does the SBS Propose?

Summary by Gestion
Vehicle credit: the 4 banks and banks where financing car purchases is cheaperThe Superintendency of Banking, Insurance and AFP (SBS) proposes a series of changes to strengthen the corporate governance of municipal banks and reduce possible political interferences in their management bodies. Among the proposals is that the election of majority and minority representatives in municipal councils be made by secret ballot, with the aim of preventing…
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Vehicle credit: the 4 banks and banks where financing car purchases is cheaperThe Superintendency of Banking, Insurance and AFP (SBS) proposes a series of changes to strengthen the corporate governance of municipal banks and reduce possible political interferences in their management bodies. Among the proposals is that the election of majority and minority representatives in municipal councils be made by secret ballot, with the aim of preventing…

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Gestion broke the news on Friday, August 14, 2026.
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