Bolsa de Valores de Colombia (Colombian Securities Exchange)

Country
Colombia
Number of listed companies
69
Domestic market capitalization
122
SSE Partner Exchange

Yes

Has annual sustainability report

Yes

 

Requires ESG reporting as a listing rule

Yes

Has written guidance on ESG reporting

No

Offers ESG related training

Yes

  • Gender Equality
  • Sustainabiliy MILA Index
  • Green Bonds Workshop
  • Sustainability for Investors Workshop
  • Best Practices in Corporate Governance
Has sustainability-related indices
Has sustainability bond listing segment

No

  • Two issuers list green bonds.
  • In 2018, BVC is working to launch social bonds.
Has SME listing platform

No

Additional information
Organizational model of stock exchange
Listed company for profit; demutualized in 2007
Regulatory bodies
  • Ministry of Finance and Public Credit
  • Superintendent of Finance
  • Colombian Capital Market Self Regulator (AMV)
Regulatory model
  • Independent Member Self-Regulatory Organization Model The Ministry of Finance and Public Credit is an entity of the Colombian Federal Government that issues regulations and laws regarding the stock exchange. The Superintendent of Financial Institutions sets out instructions in order for exchanges to remain compliant with the aforementioned laws and regulations. The Exchange of Colombia is self-regulatory and manages its own operations; its supervisory tasks are handled by a separate organization it created in 2006 which is known as the "Autorregulador del Mercado de Valores".
About the stock exchange
  • The Colombian Securities Exchange (BVC:CB) is the strategic partner of the financial and capital market sectors in Colombia. The BVC is a multi-product, multi-market and vertically integrated Exchange that manages the trading and registration systems platforms for equities, fixed income, derivatives, FX, OTC and listing services. The Exchange also provides dematerialized issuances, administration, clearing, settlement and custody services (Deceval: Central Securities Depository).
  • The exchange has a presence in the clearing and settlement infrastructure through its investments in the Central Counterparty Risk Clearing House (CRCC) and the FX Clearing House (CCDC). BVC provides market access and market data services, as well as, price vendor, assets valuation and risk management services (Precia); and specialized technology and innovation solutions (Sophos).(Source)
Ownership of Exchange (Shares >4% only) Share
BBVA COLOMBIA S.A. 7.33%
BANCO DAVIVIENDA S.A. 6.32%
B3 S.A. - BRASIL BOLSA BALCAO 6.11%
ITAU CORPBANCA COLOMBIA SA 5.74%
BANCARD INTERNATIONAL INVESTMENT INC 5.74%
FONDO DE PENSIONES OBLIGATORIAS PORVENIR MODERADO 4.69%
BMO INVESTMENTS II (IRELAND) PCL 4.34%
UNIVERSIDAD DE MEDELLIN 4.14%
CORPORACION FINANCIERA COLOMBIANA S.A. 4.04%