Venezuelan Interest in Panamanian Securities Market
10 stock brokerages from Venezuela have filled the paperwork to operate in Panama.
Friday, July 17, 2009
Juan Manual Martans, president of the Panamanian securities commission, was interviewed by newspaper La Estrella. He remarked the stability and favorable conditions of the country's market as reasons behind the interest of these brokerages.
The country's National Securities Commission warns that there are more than 100 unregulated companies registered in the stock market.
In 2009 the Panamanian securities market registered half the volume of issued securities of 2008.
A new regulation, numbered 2-2010, changes the securities issue registry, making the securities registration process faster.
The BCCR is pushing for greater participation in the wholesale money market known as the Foreign Exchange Market (Monex).
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar