2007-02-28 | CD-SIBOIF-468-5-FEBR28-2007

Added · Updated

Norm on Deadline for Updating the Share Capital of Securities Clearing Houses

Securities clearing houses with share capital below the minimum established in Article 142(d) of the Capital Markets Law must update their paid-in capital within one year of this Norm's entry into force. These entities are prohibited from distributing profits until they meet the required minimum capital obligation. The Norm becomes effective upon notification.

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Nicaragua

Superintendencia de Bancos y de Otras Instituciones Financieras

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