Regulatory Alerts2022-12-30 | NSP-56Added · Updated
Technical Standards for Information Transfer for the Supervision of Investments of the Pension System
The Norms Committee of the Central Reserve Bank of El Salvador issued technical standards requiring Pension Fund Administrators, stock exchanges, and brokerage houses to transfer specific investment data to the Superintendence of the Financial System. Stock exchanges must transmit daily transaction details by 15:45 hours or provide real-time system access, while brokerage houses must report daily operations and counterparty information on the day of negotiation. These obligations apply to all entities involved in securities market operations for pension funds and entered into force on December 30, 2022.
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