Regulatory Alerts2019-08-07
Agreement 1-2019 Adopting the Abbreviated Registration of Securities for Recurrent Registered Issuers (Modified by Agreement 9-2020)
The Superintendency of the Securities Market of Panama issued Agreement 1-2019 to establish the requirements and procedures for the abbreviated registration of securities for issuers classified as "Recurrent Registered Issuers." This regulation defines eligibility criteria, such as maintaining active securities and clean compliance records for five fiscal periods, and mandates specific documentation including an abbreviated information prospectus. The agreement streamlines the registration process for eligible issuers while maintaining oversight through published lists and supplementary application of existing regulations.
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