Cesar Ferrari took office as Colombia’s new financial superintendent this Friday, in the presence of Finance Minister Ricardo Bonilla. Ferrari, who has dual Colombian-Peruvian citizenship, was an economic adviser to President Gustavo Petro. Arrived to replace Jorge Castaño who left office last Thursday. Initially he was appointed Director of National Planning, but due to his […]
Tag: Financial supervision
Financial entities reimbursed $270 billion to users for fraud
The financial inspector, Jorge Castaño, confirmed that the financial entities this year have had to reimburse users for funds of $270 billion in cases where the fraud was discovered as a result of security flaws of said entities. “What we are doing is preparing entities by raising their standards to protect the information of financial […]