Fit & Proper provides advisory and consulting services on issues related to banking supervision and regulation, central banking, financial institutions and financial inclusion and microfinance, among others
Fit & Proper was established in 2003 in the United States. With over 10 years of experience in the market, Fit & Proper has provided advisory services in more than 40 countries having completed more than 100 projects.
Fit & Proper provides advisory and consulting services on issues related to banking supervision and regulation, central banking, financial institutions and financial inclusion and microfinance, among others. Given the decisive importance of financial stability and the need to enhance synergies among different actors in order to achieve it, Fit & Proper provides services to all players involved: banking and insurance supervisors, ministries of finance, central banks, financial and microfinancial institutions, deposit insurance agencies and governments.
Fit & Proper's staff is very knowledgeable and has broad expertise and professional experience in different consulting areas. Fit & Proper provides comprehensive advice including not only technical support and assistance, but also fostering the necessary complementarities and cooperation among the different players involved.
When it comes to finding solutions for our clients, Fit & Proper's specialists “have already been there”, given that at some point in their professional careers they have faced similar issues and challenges. This comparative advantage is crucial at the time of proposing the most appropriate course of actions and the most advantageous solutions.
All topics are dealt with professional rigor, considering legal and regulatory frameworks, the promotion of good corporate governance practices, strategic planning, risk management, and accountability, as well as the need to design flexible organizations and processes, efficient information and technology management, and project management.
The 'consulting areas' section provides an overview of the different areas that comprise our professional profile. (See consulting areas)
The "fit and proper" criteria (or "fit and proper test") make reference to requirements for evaluating managers, directors and shareholders. Particularly, the ability to fulfill their duties ("fitness") as well as their integrity and suitability ("propriety") are examined.
Fit & Proper LLC was born in 2003 inspired by this concept, with the goal of providing advice on issues related to the financial system and staying current on best practices, always respecting the principle on which it built its foundations and growing in association with fit and proper professionals.
Read More