At Semana Dominicana 2025 in the United States, the Dominican Republic Securities Market Superintendency’s superintendent, Ernesto Bournigal, presented updated indicators on the domestic capital market’s growth and highlighted ongoing regulatory, product and supervisory modernisation, including a crowdfunding regulation that is currently under public consultation. He cited a 2024 record settled volume of USD 240 billion, equivalent to 193% of GDP, and assets under custody of USD 48.37 billion as of end-August 2025, with foreign investors representing 4.7% of custody. He also reported that USD 80 billion has been raised through the securities market since 2015, and that closed-end investment funds have channelled USD 4,322.97 million into more than 140 projects, generating more than 40,000 jobs in 2024. Additional points included brokerage accounts exceeding 171,000, the use of the HUB ProInversionista for financial education, regulatory reforms aligned with IOSCO, IFRS and FATF standards, and technology upgrades using artificial intelligence and blockchain to support risk-based supervision. The crowdfunding regulation, drafted with the World Bank, remains open for public consultation, with no timetable specified in the remarks.
Superintendencia del Mercado de Valores de la Republica Dominicana 2025-10-03
Dominican Republic Securities Market Superintendency reports record USD 240bn settled volume and advances crowdfunding rule consultation
At Semana Dominicana 2025, the Dominican Republic Securities Market Superintendency highlighted domestic capital market growth and ongoing regulatory modernization, including a crowdfunding regulation under public consultation. Key metrics included a 2024 settled volume of USD 240 billion, assets under custody of USD 48.37 billion, and USD 80 billion raised since 2015. The presentation noted regulatory reforms aligned with international standards and technology upgrades for risk-based supervision.