A conflict between Central Bank of Costa Rica (BCCR) and its financial regulatory arm escalated on September 1, when the prosecution service raided the offices of the regulator’s oversight council.

The dispute centres on a data-sharing request the central bank first made last November. The BCCR’s board asked the regulator, the General Superintendency of Financial Entitie (Sugef), for data on all credit operations by the enterprises under its jurisdiction. It also requested ID numbers tied to