Superintendencia de Bancos de Guatemala (SIB)

The Superintendencia de Bancos (SIB) is Guatemala's principal financial regulatory authority, responsible for supervising banks, insurance companies, bonded warehouses, credit card companies, foreign exchange bureaus, and all financial groups and entities operating in the country. Located at 9a Avenida 22-00 in Zona 1 of Guatemala City, the SIB employs between 500 and 1,000 regulatory professionals who enforce prudential banking standards, anti-money laundering compliance, risk management frameworks, and consumer protection in financial services. Legal professionals at the SIB work on banking supervision and enforcement actions, regulatory policy development, sanctions proceedings, licensing of financial institutions, and coordination with the Banco de Guatemala and international bodies such as FATF and the Basel Committee.