Regulatory Alerts2026-02-25
Instruction COSOB No. 26-01 of February 25, 2026, Setting the Transmission Periodicity of Documents and Information by Participatory Investment Advisors (CIP)
The Commission d’Organisation et de Surveillance des Opérations de Bourse (COSOB) issued Instruction No. 26-01 to establish the mandatory reporting schedule for Participatory Investment Advisors (CIPs). The regulation requires CIPs to submit financial statements, project lists, and participant data annually or semi-annually, with specific details on investment nature, amounts, and anti-fraud metrics. These documents must be transmitted electronically to ensure automated readability and regulatory oversight.
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