FAP Could Get Bigger With New Law

Posted on 10/11/2018


Panama’s National Assembly approved Law 51 of 2018, which modifies Law 38 of June 5, 2018. The law impacts how Fondo de Ahorro de Panama (FAP) accumulates wealth. FAP management estimates the law change could increase the fund’s contributions up by US$ 150 million over a 3-year period. According to a press release, the main […]