Regulatory Alerts2025-07-15
Added · Updated
Securities Market - Modification of the Regulations Governing Simplified Issuance and Issuance Through Collective Financing Platforms
The Financial Services Superintendence (SSF) amends the Securities Market Norms to increase the annual sales threshold for simplified and collective financing platform issuances to 75 million indexed units (UI) and allows resident and non-resident companies to issue capital, debt, or mixed securities through these platforms. The resolution permits financial trusts, participation certificates, and mixed titles to be issued under simplified regimes or via platforms, with emission limits applied to the settlor, and allows platform administrators to invest up to 10% of an issuance as debt securities. Additionally, the SSF removes the prohibition preventing companies with active general regime issuances from using the simplified regime, provided they submit accounting and management information corresponding to the more burdensome regime, and strengthens rules on fund segregation and platform administrator conduct.
More like this from BCU
We email you every new BCU publication the day it's published.