Regulatory Alerts2020-06-23
General Resolution JD-6-2020 Modifying the Registration Fee for Modification of Terms and Conditions of an Issuance
The Board of Directors of the Securities Market Superintendence of Panama issued General Resolution JD-6-20 to adjust the registration fee for the modification of terms and conditions of an issuance to ten thousand balboas. This modification is based on the legal authority granted by Article 10 and Article 27 of the Single Text of the Securities Market Law, ensuring fees strictly relate to the costs incurred by the Superintendence. The resolution clarifies that all other registration fees remain unchanged as established by the Single Text and Law 66 of 2016, and it enters into force upon its publication in the Official Gazette.
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