españolRegional Commodities Exchange in PanamaTuesday, March 5, 2013 A proposal has been made for the creation of a commodity exchange for Latin American companies to trade products. Laestrella.com.pa reports that "Panama could become the hub of negotiations for Latin American commodities. The initiative would attract agents or brokers from Argentina, Brazil, Mexico and other countries for buying and selling commodities from the isthmus." Stock Exchange Closure AnnouncedFriday, March 8, 2019 In Costa Rica, Aldesa Corporación de Inversiones applied for judicial intervention because of lack of liquidity and announced the closing of the stock exchange. From Aldesa's press release: Citibank Costa Rica Eliminates Stock Brokerage ServicesThursday, August 27, 2009 From August 31 onwards the entity will no longer provide stock brokerage services. “The stock broker was named 'Citi Valores Accival'. This brokerage began operations in 1988 under the name 'BFA Valores'. On March 6, 2000, it changed its name to 'Valores Cuscatlán Puesto de Bolsa', and in 2008, Citivalores and Cuscatán merged, becoming 'Citi Valores Accival'”, reports Nacion.com. Venezuelan Capital Attracted by PanamaWednesday, September 30, 2009 So far this year, Panama's Securities Commission (CNV) has authorized the operation of 6 brokerage houses from Venezuela. Alejandro Abood, from the CNV, explained there are currently 12 operation requests being considered, 7 of them of Venezuelan origin. Raids in Investigation against Stock ExchangeMonday, June 10, 2019 Some days after having initiated the administrative procedure against Aldesa Puesto de Bolsa, the judicial authorities of Costa Rica carried out several raids in the homes of the directors of the entity and its offices. On May 24, through a relevant fact, the General Superintendence of Securities (Sugeval) explained that investigations would be made to determine whether or not the stock exchange carried out the necessary accounting records of accounts receivable payment operations for nine months. Forced Liquidation of Stock BrokerMonday, August 27, 2018 In Panama, the liquidation has been ordered of Blue Numbers Securities Inc., because it shows "lack of supervision and management, and a board of directors that is not very involved." The Superintendency of Securities ordered the forced liquidation of the securities company Blue Numbers Securities Inc. Panama: Forced Liquidation of Brokerage FirmFriday, June 10, 2016 Citing several irregularities during the intervention process, the Securities regulator decided to order the liquidation of the brokerage firm Panama Wall Street. From this moment forward, investors and creditors of Panama Wall Street S.A. must present themselves at the company's premises to declare the amounts owed to them and start due process with the authorities who will lead the settlement process. Panama Exchange Ends Contract with Financial PacificFriday, June 27, 2014 More than a year after investigations were started into alleged irregularities and after having been suspended from operating in the country, the stock exchange has annulled its contract with the firm. From a statement issued by the Panama Stock Exchange: Panama: Authorities order Liquidation of Financial PacificTuesday, August 12, 2014 After two years of allegations, suspensions and interventions, the Securities Market Regulator has ordered the liquidation of the brokerage firm. From a statement issued by the Securities Regulator (VPS): Investigation Against Stock Exchange LaunchedMonday, May 27, 2019 In Costa Rica, the General Superintendence of Securities initiated an administrative sanctioning procedure against Aldesa Puesto de Bolsa, arguing that the company would not have kept the necessary accounting records. On May 24, in a relevant fact published by María Luisa Fernández Garita, head of the General Superintendence of Securities (Sugeval), it was explained that investigations will be made to determine if the stock exchange post did not keep the necessary accounting records of accounts receivable payment operations during nine months. Panama: Brokerage Firm's License SuspendedMonday, July 18, 2016 For breaching the Securities Market Law an order has been given to indefinitely suspend the operations of the brokerage firm FDG Wealth Management. From the resolution given by the Superintendency of Securities in Panama: A Securities Law for GuatemalaFriday, February 21, 2014 A bill prepared by the Bank of Guatemala aims to stimulate the domestic market and strengthen it as a regional financial center. The proposal is to dematerialize securities through book entries and stock market operations which are totally electronic. Brokerage House Linked to Banco Universal SuspendedThursday, August 6, 2015 The market regulator of Panama has indefinitely suspended the license of the brokerage firm Clever Financial Investment Services, linked to Banco Universal. A resolution by the Superintendency of Securities said that after performing an inspection at the brokerage firm, " it was found that the brokerage firm maintains only three bank accounts, all of them with Banco Universal ", namely own / administrative account, third parties / customers account and a deposit account. " New Securities Broker in PanamaWednesday, August 25, 2010 Plus Capital Market Inc. has begun operations in the Panamanian market after being approved by the country's National Securities Commission. The National Securities Commission approved the company's request on 12 March with License Number 77-2010. Costa Rican stock exchanges operate in exchange marketMonday, November 24, 2008 They could participate as one more entity in the Foreign Currency Market, buying and selling Currency. A resolution by the National Council for the Supervision of the Financial System (Conasif) allows for the expansion of the services offered by the exchanges to clients. Now their clients have the option of buy or selling dollars to these entities. |
|
Thursday, June 30, 2022 - last update: Tuesday, 5:45 pm
|
|
2428
×
![]()
