Bancassurance: Bank sanctioned for breach of duty of due diligence
Thursday, 24 July 2025
by Insuralex
In a recent 2025 sanction, the Colombian Financial Superintendence (the “SFC”, for its acronym in Spanish) imposed a penalty on a bank for deficiencies in the management and safekeeping of
- Published in Brigard Urrutia, News + Articles
Tagged under:
Articles 3 and 5 of Law 1328 of 2009 (the Colombian financial consumer protection law), Bancassurance Colombia, Bank sanctioned for breach of duty of due diligence, Colombian Financial Superintendence, Contractual obligation of safekeeping, Insuralex Colombia, Insurance Law Network, Insurance Lawyers Colombia




