Securities Market Law amendments give financial institutions more options
Law No. 27,649, enacted on January 23, amends a number of articles of Peru’s Securities Market Law (SML). The amendments will take effect 60 calendar days from that date. The changes are designed to: (i) improve the institutional framework governing the operation of the national securities market and provide market access to a wider range of companies; (ii) make available to the banking system a more efficient complementary financing source; and (iii) promote competition to reduce interest rates, as well as responding to the demands for change of institutional investors.
To read more
Subscribe to Latin Lawyer
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Latin Lawyer experts.
Subscribe now