Comment on page
Within the framework of the general policies fixed by the Board of the Reserve, and informing it of any decisions adopted, the Superintendent shall be responsible for –
a) rating financial institutions for the purposes of the Law on Financial Institutions;
b) revoking any authorization granted for carrying out foreign exchange transactions;
c) approving regularization and/or recovery plans of financial institutions;
d) implementing and applying the regulations of the Law on Financial Institutions, adopted by the Board of the Reserve;
e) establishing the requirements that must be met by the auditors of financial and foreign exchange institutions.