Law Regulating the Financial System

The Supervision and Financial Regulation System is comprised of the Financial System Regulator and the Central Reserve Bank of El Salvador. This regulatory system preserves the stability, efficiency and transparency of the financial sector. 

Title I of this law outlines the duties and obligations of the Financial System Regulator. It  also addresses the regulations and guidelines to appoint the members of the regulator's Board of Directors. 

The main functions of the regulator are to:

  • Submit pertinent resolutions for the supervised,
  • Authorize the suspension of operations,
  • Authorize the advertisement and beginning of operations,

among others.

Document Details

Title (Non-English): 
Ley de Regulacion del Sistema Financiero
Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
Issue Status: 
Year of Document: 
2015
Date of Document: 
Friday, August 14, 2015
Document Authors: 
Legislative Assembly of El Salvador
Language (This Document): 
Spanish

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