Regulatory Alerts2020-04-03
General Resolution SMV No. JD-3-20 Adopting Special Procedure for Notification of Administrative Acts During COVID-19 National Emergency
The Board of Directors of the Superintendence of the Securities Market of Panama issued General Resolution SMV No. JD-3-20 to establish a special procedure for notifying administrative acts via email during the COVID-19 National Emergency. This resolution mandates that all administrative acts be served electronically to addresses on file, with users required to provide valid email addresses for future communications to ensure continuity of services. The measure applies to all registrations, licenses, and authorizations but explicitly excludes sanctioning administrative procedures, which remain subject to separate suspension decisions by the Superintendent.
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