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The Viceroyalty of New Granada (Spanish: Virreinato de Nueva Granada) also called Viceroyalty of the New Kingdom of Granada or Viceroyalty of Santafé was the name given on 27 May 1717, to the jurisdiction of the Spanish Empire in northern South America, corresponding to modern Colombia, Ecuador, Panama and Venezuela. Created in 1717 by King Felipe V, as part of a new territorial control policy, it was suspended in 1723 for financial problems and was restored in 1739 until the independence movement suspended it again in 1810. The territory corresponding to Panama was incorporated later in 1739, and the provinces of Venezuela were separated from the Viceroyalty and assigned to the Captaincy General of Venezuela in 1777. In addition to those core areas, the territory of the Viceroyalty of New Granada included Guyana, Trinidad and Tobago, southwestern Suriname, parts of northwestern Brazil, and northern Peru.