Regulatory Alerts2023-03-01
Third Resolution of the National Securities Market Council Approving the Regulation of Price-Providing Companies
The National Securities Market Council of the Dominican Republic approved the Regulation of Price-Providing Companies to establish the authorization, registration, and operational requirements for entities calculating security valuations. This regulation implements Article 196 of Securities Law No. 249-17, defining the scope, definitions, and general valuation principles for price-providing societies and their clients. The approval follows a public consultation process that incorporated feedback from industry associations to refine governance, conflict of interest, and service continuity standards.
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