Article
CFCL General information - Panama
Reference
Last Updated
29.08.2024
CFCL eligible fund types
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.
CSD link
No CSD link as Panama market is register only.
Exchange Traded Funds (ETFs)
Exchange-Traded Funds (ETFs) are not permitted and cannot be traded within the Panama market.
Operational arrangements
This section describes the operational arrangements of the Panama market:
Register market | Remarks | |
Settlement free of payment | Yes | |
Settlement against payment | Yes | Eligible settlement currencies (between CEU, CBL and CFCL counterparties only): AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD and ZAR. |