Investment Fund Market Guide – Panama

31.03.2023

Key features (Register market)

Yes/No

Remarks

Settlement free of payment

Yes

Settlement against payment

Yes

Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus.

Disclosure requirements

Yes

Refer to Disclosure Requirements – Investment Funds – Panama.

Restrictions on customer

No

Refer to Holding Restrictions – Investment Funds – Panama.

Restrictions on settlement

No

 

Remarks

Market type / link type (Settlement link)

Register market

Eligible fund types and legal forms in CBL

Register market: Mutual funds and private equity funds in the form of companies (sociedad anonima), trust or contractual arrangement

CSD link: n/a

Eligible fund types and legal forms in CBL

Register market

Investment funds in Panama can be in the form of:

  • Mutual funds under Securities Agreement 5/2004
  • Private equity funds under Securities Agreement 5/2004