SUDEBAN is a technical and specialized entity with legal personality and its own assets. Attached to the Ministry of People's Power for Economy and Finance, SUDEBAN enjoys functional autonomy and is independent of the national treasury. Its main function is to supervise, regulate and inspect the financial institutions ruled by the local banking system (Ley General de Bancos y Otras Instituciones Financieras ) in order to foster the sound functioning of the country's financial activities.
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