Securities market regulators seek ways to expand

Securities regulators in the Central America-Caribbean region are putting their heads together to see how they can stimulate investment through their public markets.

Thursday, July 3, 2008

The Superintendent of Securities from the Dominican Republic, Haivanjoe NG Cortiñas, presented a study which included a compendium of opinions from the securities regulators in Central America and the Dominican Republic about ways to develop their respective markets.
There was a consensus that it would be useful to work together in some areas, one of which is to standardize the regulatory framework region-wide. Another would be a program to spur market awareness.

More on this topic

Banco Popular de Costa Rica Seeks More Regional Funding

July 2013

Using standardized issuances, the Costa Rican entity intends to raise funds in the financial markets of Nicaragua, El Salvador and Mexico.

The idea "... is to raise funds by issuing securities on the stock exchanges of these countries with the aim being that investors can obtain the funds and channel them into placing loans here," noted an article in Prensalibrecr.com.

Citibank with Regional Focus

March 2009

The region which produces 13% of the bank's Latin American utilities is seen by the bank as an economic block.

The Guatemalan newspaper Siglo XXI interviewed the CEO of Citi Guatemala, Juan Miró, who reported that they are currently working on optimizing the IT platform in order to better serve the Central American market.

Central America seeks to unify corporate social responsibility criteria

July 2008

Central America has begun to broaden corporate participation in social responsibility by unifying its indicators.

The project consists of implementing a participative regional proces with the goal of encouraging policies of social responsibility in as great a number of companies as possible.

Regional stock markets aim to sing from the same song sheet

July 2008

Panama, El Salvador and Costa Rica are working on a project that will harmonize – though not merge – their stock markets.

Other countries, including Nicaragua, Colombia and the Dominican Republic, have also shown interest in taking part. The new scheme is expected to come on stream within two or three years.

 close (x)

Receive more news about Central America Integration

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Aug 30)
Dow Jones
-0.07%
S&P 500
0.14%
Nasdaq
0.38%

Commodities

(Aug 30)
Brent Crude Oil
51.370
Coffee "C"
127.05
Gold
1,310
Silver
17.435