Regulatory Alerts2015-03-19 | NDMC-02Added · Updated
Technical Standards for the Authorization of Constitution, Commencement of Operations, Registration and Management of Operations of Investment Fund Managers
The Technical Standards regulate the requirements and procedures for authorizing the constitution, commencement of operations, and registration of Investment Fund Management Companies (Gestoras) in El Salvador. The document mandates specific documentation for applications, including proof of capital, guarantees, and sworn declarations from shareholders and directors confirming they meet legal eligibility criteria. It establishes a fifteen-day review period for the Superintendency of the Financial System to verify compliance and allows for a ten-day extension to rectify deficiencies in the submitted information.
More like this from SSF
We email you every new SSF publication the day it's published.
Topics
Share