Paraguay
The Senate requested reports from the BCP on Ueno Bank, and the central bank has 15 days to respond
The request approved by the Upper House includes 31 questions on controls, operations, regularization plans and the handling of public funds. It also seeks documents linked to inspections and legal opinions.
The Central Bank of Paraguay received a request for information from the Senate regarding Ueno Bank and has 15 days to respond, according to ABC Color.
According to that outlet, the request was approved on September 9 and contains 31 questions distributed across six sections. The first block focuses on the regulatory and oversight framework, with questions about limits on transactions with related parties, procedures in the event of possible breaches, requirements for portfolio sales and indirect financing, as well as regularization plans required since 2020, sanctions applied in the last 24 months and opinions from the Legal Unit for the Financial Entities Sector.
Another part of the request targets Ueno Bank’s transactions with Mowi SA, Grupo M SA, Grupo Hendy SA, Tuiu SA, Franede SA and Aime SA Corredores de Seguros. According to ABC Color, the senators requested data on dates, amounts, days outstanding, collateral assessment, repayment capacity, use of funds and inspection reports issued between January 2025 and the present.
The report adds that the document also seeks details on the supervision of Ueno Bank SA’s portfolio sale to Vinanzas SA for $35 million and 36,900 million guaraníes. Added to that is a request for a technical analysis of the issuance and placement of bonds acquired by Technoma SA and Factopar SA, with the question of whether those transactions were considered cash sales or indirect financing.
In another section, the Senate asks to confirm whether the entity was required to submit a Regularization Plan, what the legal basis for that decision was and whether precautionary measures were applied, disciplinary proceedings were opened or opinions were issued by the legal unit.
Still according to ABC Color, the request includes questions about internal warnings and supervisory staff. That section mentions a memorandum dated July 10, 2026 and signed by former Supervisory Manager Fernando Rivarola. It asks whether there was technical disagreement regarding a Superintendency decision, whether protocols existed for those cases and what rotations the staff assigned to the entity had undergone since January 2025.
The final section refers to the management of public funds and systemic risk. The text asks about the SIB’s involvement in the processing of Decree No. 6329 of July 6, 2026, the application of recusal rules for authorities, the assessment of the risk of concentration of funds from the public sector and IPS, the status of the accounting exception granted after the absorption of Visión Banco and the possible determination of administrative responsibilities.
In addition, in article 2, the bill asks the BCP for certified copies of the July 10, 2026 memorandum, inspection reports from 2025 and 2026, legal opinions and the administrative resolution on the excesses, along with records of their start and end dates, ABC Color reported.
Sources
About this note. Written by El Notero with assistance from artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.
