Article 1.- The Association is named “Association of Supervisors of Banks of the Americas”, (hereinafter “ASBA” or "the Association"), and said name will always be followed by the words CIVIL ASSOCIATION or “A.C.”. The Association will be governed by these by-laws and other applicable rules duly approved by its corporate bodies, and, for unforeseen cases, by the applicable legislation of Mexico.

Article 2.- The Association has its legal domicile in Mexico City, Federal District, Mexico, and may establish branches or representative offices anywhere in the Americas.

Article 3.- The life span of the Association is unlimited. However, it may be dissolved at any time, in accordance with the procedure set forth in article 22 of these by-laws.

II. Corporate Purposes

Article 4.- The Association has the following purposes:
a) Promote and maintain close communication among the Association’s Members, in order to facilitate co-operation among them, and to promote the improvement of their respective capabilities;

b) Provide its members with a high-level discussion forum for the exchange of information, ideas, techniques, experiences and knowledge over their scope of competence.

c) Promote research as well as systematic and permanent training programs, with the purpose of establishing training standards in the region and providing technical co-operation services among its Members;

d) Promote co-operation and exchange relationships with non-member bank supervisors, with similar associations as well as with international and multilateral institutions, engaged in activities similar to those of the Association;

e) Perform any general activity related to its purposes.

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