Panama’s Superintendency of the Securities Market (SMV) published a reminder to licensed brokerage houses to pay the first-quarter 2025 portion of the annual supervision fee within 30 calendar days during April 2025, with the payable amount determined by the trading activity reported for the quarter. Firms must pay the applicable minimum or maximum amount based on negotiations reported for the first quarter of 2025 and submit the relevant forms before making payment. Payment can be made by certified or cashier’s check payable to the SMV or by bank transfer, with bank details provided in advance by the Treasury Department and proof of payment required for issuance of a PDF receipt. The notice cites Law 67 of 2011, Law 66 of 2016, Agreement 11-2013 (Articles 5 and 6) and Agreement 02-2023 as the legal basis.
Panama Superintendencia del Mercado de Valores 2025-04-01
Panama Superintendency of the Securities Market reminds brokerage houses to pay first quarter 2025 supervision fees within 30 days of April
Panama’s Superintendency of the Securities Market reminded licensed brokerage houses to pay the first-quarter 2025 supervision fee within April, based on reported trading activity. Payments can be made by certified check or bank transfer, with proof required for receipt issuance. The notice references Law 67 of 2011, Law 66 of 2016, and Agreements 11-2013 and 02-2023.