Paraguay
Lilian Samaniego withdrew her request for information to the BCP about IPS loans
The senator dropped her request on the same day it was due to be considered in the Senate. According to ABC Color, she said she had already signed another submission with colleagues.
Senator Lilian Samaniego withdrew her request for information addressed to the Central Bank of Paraguay and the Superintendency of Banks regarding the disbursement mechanism for IPS loans to its insured members, according to ABC Color.
According to that outlet, the lawmaker explained her decision by saying she had already signed another submission with her colleagues. The withdrawal took place on the same day the matter was listed on the agenda for the Senate’s ordinary session and after the Committee on Petitions, Powers and Regulations issued a favorable opinion.
The request sought to determine whether there is any legal, regulatory, operational or technical provision that prevents IPS from directly crediting loans into accounts that beneficiaries already hold at authorized financial institutions. It also sought to clarify whether insured members may freely choose which bank to receive the funds in, or whether they can be required to open an account at a specific institution.
ABC Color noted that the discussion gained relevance amid the controversy over the way those disbursements are being channeled. The outlet added that last week the Senate had already approved a similar request for information promoted by Senator Rafael Filizzola.
According to that report, the questions also included the mechanisms available within the Paraguay Payments System to carry out bulk transfers to accounts at different financial institutions and whether, under banking regulations and consumer financial protection rules, it is permissible to condition the collection of an IPS loan on opening an account at a specific bank.
Although Samaniego’s initiative was withdrawn, the issue will remain under Senate review through the request that has already been approved, according to ABC Color.
Sources
About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.
