As of late 2009, banks in Panama are obligated to comply with amended capital reserve requirements. ARIFA's International Associate, Rodrigo Cardoze, contributes to the International Law Office Banking Newsletter (ILO) with a report on this legal development.

ARIFA is Panama's exclusive member of the international panel of legal experts to the ILO Banking Newsletter.

ILO is an official Media Partner to the International Bar Association, an International Online Media Partner to the Association of Corporate Counsel, and European Online Media Partner to the European Company Lawyers Association.

Reproduced with permission from International Law Office.

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