Regulatory Alerts2017-01-04
Agreement 1-2017 (January 4, 2017) Modifying Agreement 5-2016 Regarding the Compliance Period for the Adoption and Effective Implementation of the Uniform Chart of Accounts
The Superintendence of the Securities Market of Panama issued Agreement 1-2017 to extend the compliance deadline for securities firms to adopt and implement the Uniform Chart of Accounts (PUC). This modification changes the original deadline established in Agreement 5-2016 from an earlier date to July 1, 2017, granting securities firms additional time for regulatory alignment. During this extended period, regulated entities are required to continue submitting financial information through the Electronic Information Submission System (SERI).
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