• Institutional diagnostic
• Strategies to introduce risk-based supervision
• Legal framework: functions and attributions
• Risk-based supervision manuals
• Training and HR development programs
• On-the-job training (guided examinations)
• Audits attesting

We have provided support to national authorities in carrying out a diagnosis of individual financial institutions as well as system wide assessments. We have helped supervisors to define strategies for the introduction of risk-based supervision, to adjust their procedures according to best practices, and to prepare technical assistance requests. Our consultants have participated in examinations alongside national officers, as part of on-the-job training programs. ICC has developed these activities in Bolivia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru, the Dominican Republic, and Venezuela.

In Honduras, we prepared a Risk-Based Supervision Manual, introducing this approach for the supervision of banks and savings and loans cooperatives. This consultancy included guided examination and personnel training.

We believe that financial supervisors require proper training and HR development master plans, setting out systematic and permanent activities, to ensure that their personnel have the understanding, capabilities, and the ethic preparation to fulfill their mission. ICC has prepared such plans for financial supervisors in Costa Rica and El Salvador. Our consultants have also trained officers at Honduras and Mexico’s financial supervisors.

In El Salvador, ICC trained the regulatory body officers in consolidated supervision, including guided examinations to all entities belonging to every financial group, including non-regulated institutions.