Regulatory Alerts2024-05-23
Added · Updated
Modification of Articles 9 and 10 of Chapter V - Performance Evaluation of Primary Dealers and Primary Dealer Aspirants, Rights and Obligations of the BCU Primary Dealer Program Regulation
Resolution D/159/2024 amends Articles 9 and 10 of the Regulation of the Primary Dealer Program of the Central Bank of Uruguay to update the performance evaluation criteria for Primary Dealers and Primary Dealer Aspirants. The modifications introduce specific parameters including participation in primary and secondary markets, screen presence based on spreads, volumes, and time, and information provided to the Central Bank. These changes take effect starting from the next qualification period, with the Economic Policy and Markets Management defining the calculation methods for these parameters.
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