Peru's Superintendence of the Securities Market (SMV) convened an international seminar on implementing the roadmap for developing Peru’s securities market and used it to frame a strategy to remove barriers and strengthen market-development mechanisms through coordinated public and private efforts. Superintendent Juan Pichihua presented the roadmap as a strategic document to support the securities market’s role in financing economic development. Discussions were structured around financial innovation, corporate governance and sustainability challenges, regional integration, and strengthening the regulator. Priority proposals highlighted included a company-preparation programme to help firms participate in capital markets as issuers, promoting best practices in corporate governance and sustainability, advancing regional stock exchange integration, reviewing regulatory arbitrage including tax asymmetries across financial markets, and reinforcing the SMV’s regulatory and supervisory capacity. The SMV also plans to revive a legal proposal to bring private investment fund managers under its supervision, and the seminar featured contributions from officials and experts from Spain’s National Securities Market Commission, the OECD, the World Bank Group, Nuam, and Chile’s Financial Market Commission.
Superintendencia del Mercado de Valores de Peru 2025-09-25
Peru's Superintendence of the Securities Market outlines roadmap priorities including issuer readiness and supervision of private investment fund managers
Peru's Superintendence of the Securities Market (SMV) hosted an international seminar to discuss developing the securities market, focusing on removing barriers and enhancing market mechanisms. Key proposals include a company-preparation programme for capital market participation, promoting corporate governance and sustainability, regional stock exchange integration, and strengthening SMV's regulatory capacity. The SMV also aims to revive a legal proposal to supervise private investment fund managers.