New route for the panamanian Financial CenterThe government and the private sector are working on a plan to renew the business model for the financial center, developing specialized services for different market niches.Wednesday, March 1, 2017
A working group consisting of representatives from government, regulators and the private sector are making an assessment of the financial services platform operating in the country in order to redefine their objectives using the example of best practices in similar jurisdictions which are more developed and adapted to international regulation. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Do you need information about the financial sector?Request more information: Need assistance? Contact us
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Covid-19: Outlook for the Financial SectorMarch 2020 The impact of the coronavirus crisis on the financial sector in Central America is expected to be felt mainly in services related to stock brokerage and investment advice, where a drop is expected. Nicaragua: Another Entity Leaves the Stock MarketJanuary 2020 Arguing that the country's situation is complex and that the need for greater liquidity to meet its immediate responsibilities has had consequences on its funding sources, Factoring S.A. announced its exit from the local stock market. Taxes and the Stock MarketAugust 2018 The proposal to increase the tax on interest on financial investments in Costa Rica could eventually make credit more expensive for both the private sector and the government. El Salvador: Less Taxes on Financial ActivityJune 2015 A proposal has been made to eliminate the tax on financial operations and lower from 20% to 5% income tax paid by foreign investors in the stock market.
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