SIBOIF definition

SIBOIF means Superintendencia de Bancos y Otras Instituciones Financieras, the Recipient’s Superintendence of Banks and Other Financial Institutions, established pursuant to the Recipient’s Law No. 316.

Examples of SIBOIF in a sentence

  • The Recipient, or any other authority having jurisdiction, shall have taken any action or adopt any policy that may result in the dissolution or disestablishment of SIBOIF and/or FNI or in the suspension of their operations, without replacing such entities with a successor thereto satisfactory to the Association.