Paraguay: Regulator Statement

Author: | Published: 5 Jul 2016

There are several types of financial risks that the banking business has to manage. Among these, credit, liquidity and market risks are those that–until recently– were given the most attention by financial institutions and regulators, due to their complexity and high financial costs if materialized. Paraguay's experience in the nineties, however, has shown that operational risks, if not managed appropriately, could potentially trigger severe financial and economic crises. Our experiences show that internal fraud and lack of sound governance policies across key systemic institutions led up to a crisis costing around 50% of national GDP in a 5-year period.

Operational risk was originally conceived...

The magazine

December/January 2019

Knowing when to fold

IFLR magazine's December/January 2019 cover story looks at why deals call fall apart even if M&A parties are initially dealt a good hand

International briefings

Quick Poll

Is consolidation a good thing for the EU financial sector?

Women in Business Law Group

IFLR's Wibl networking group provides a platform for inclusive debate around fostering female talent in the profession.

Visit its LinkedIn page to find out more, and IFLR's awards page for details on the annual ceremonies.

close Register today to read IFLR's global coverage

Get unlimited access to for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice


*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb