One of the fundamental purposes of the CBU is to ensure stability, solvency and proper functioning of the institutions of the financial system.
While carrying out such purpose, the Superintendency of Financial Services is responsible for the supervision and regulation of the financial system and has the responsibility to disclose financial information of controlled entities.
Banks perform financial intermediation activities and related operations (such as foreign exchange, transfers, securities brokerage, credit cards, trust management, etc.).
Financial Institutions are entities authorized to perform any financial intermediation functions, except collecting deposits from residents and demand deposits.
Financial Institutions are entities authorized to perform any financial intermediation functions, except collecting deposits from residents and demand deposits.
Insurance Companies or Insurers are legal persons who charge an amount of money called a premium, for the coverage of a risk set forth in the insurance policy.
The Superintendency of Financial Services counts on the support of external agents to perform its supervisory role. For this, the supervisor receives the independent opinion of agents on various management aspects of the audited institutions.
The Unit of Financial Information and Analysis was created by the Board of Directors of the Central Bank of Uruguay by resolution dated 20/12/2000, and communicated by Circular No. 1722 of 21 December 2000, and since then performs Uruguay’s Financial intelligence Unit functions.