The ease of business incorporation in Panama has led to governance gaps and regulatory noncompliance among entities. Recent regulations emphasize the necessity of oversight, documentation, and diagnostics to ensure compliance and operational integrity, preventing potential legal liabilities and governance failures.
Decree 32 of 2026 sets Panama's new economic substance rules for multinational entities, effective Jan 2027. What compliance in Panama now requires.
UBS's Global Family Office Report highlights the importance of governance education for succession planning in family offices. It reveals a crucial knowledge gap between generations, emphasizing that without structured governance education, the wealth transition may fail despite financial literacy and resources.