Regulatory Alerts2020-04-27
General Resolution SMV No. JD-4-20: Special Temporary Measures for Notarial Requirements and Report Deadlines Amid COVID-19 Emergency
The Securities Market Superintendence of Panama issued General Resolution SMV No. JD-4-20 to temporarily allow regulated entities to satisfy notarial and sworn declaration requirements using qualified electronic signatures or scanned documents during the national emergency. The resolution extends submission deadlines for various financial reports and updates from registered issuers and licensed entities to dates between May 1 and June 30, 2020. It mandates that these documents be submitted via the Electronic Information Submission System (SERI) or designated email addresses while maintaining strict prohibitions against false statements.
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