Regulatory Alerts2024-11-26
Agreement 8-2024 of November 26, 2024 Modifying Certain Provisions of Agreement No. 8-2003 of July 9, 2003
The Securities Market Superintendence of Panama issued Agreement 8-2024 to clarify and modify the abbreviated registration procedure for securities previously registered in recognized jurisdictions. The amendment aligns the text of Agreement No. 8-2003 with Article 122 of the Securities Market Law to eliminate interpretive errors regarding the scope of application. It updates the agreement's title, definitions, and required documentation to ensure consistent regulatory oversight and investor protection.
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