Panama’s Superintendency of the Securities Market has issued a public notice confirming it has ordered the conclusion of the administrative forced liquidation process of BPA Valores, S.A. and cancelled the firm’s securities house licence. The decision was adopted in Resolution No. SMV-25-25 of 21 January 2025. The cancellation covers the licence originally granted to BPA Valores, S.A. by Resolution CNV No. 234-10 of 24 June 2010, pursuant to Article 302 and subsequent provisions of the consolidated text of Panama’s Securities Market Law.
Panama Superintendencia del Mercado de Valores 2025-02-03
Panama Superintendency of the Securities Market concludes BPA Valores administrative forced liquidation and cancels its securities house licence
Panama’s Superintendency of the Securities Market has concluded the administrative forced liquidation of BPA Valores, S.A. and cancelled its securities house licence. This decision was formalized in Resolution No. SMV-25-25, referencing Article 302 of Panama’s Securities Market Law.