Regulatory Alerts2026-05-27
R-CNMV-2026-05-MV — Authorization to Submit for Public Consultation the Draft Modification to Article 18 of the Regulation on Investment Fund Management Companies and Investment Funds
The National Securities Council of the Dominican Republic authorized the Superintendence of the Securities Market to initiate a public consultation on a draft modification to Article 18 of the Regulation on Investment Fund Management Companies and Investment Funds (SAFI). The proposed changes aim to strengthen the professional suitability regime for fund administrators by reducing exam validity periods, expanding acceptable certifications, mandating continuous training, and requiring prompt notification of appointments. This regulatory update seeks to mitigate systemic risks, align with international standards, and enhance investor protection amidst the growing complexity of the investment fund industry.
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