Regulatory Alerts2020-07-14
General Resolution SMV No. JD-7-20 Extending Submission Deadlines for Monthly and Quarterly Reports in July 2020
The Board of Directors of the Securities Market Superintendence of Panama issued General Resolution SMV No. JD-7-20 to extend the submission deadlines for monthly and quarterly reports originally due in July 2020. This measure, adopted as part of temporary actions during the National Emergency State caused by COVID-19, grants licensed entities until July 31, 2020, to fulfill their reporting obligations. The resolution clarifies that this extension does not exempt entities from the immediate duty to report any material facts or circumstances that could affect their operations or investor rights.
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