Bolsa de Valores de Panamá

Country
Panama
Number of listed companies
190
Domestic market capitalization
16,363
SSE Partner Exchange

Yes

Has annual sustainability report

No

Requires ESG reporting as a listing rule

No

Has written guidance on ESG reporting

No

Offers ESG related training

No

Has sustainability-related indices

No

Has sustainability bond listing segment

No

Has SME listing platform

No

Additional information
Organizational model of stock exchange
  • The holding company (Latinex Holdings), which owns 100% of the stock exchange, as well as the CSD, is a listed company for profit. On October 22, 2009, both BVP and Latin Clear's shareholders approved the corporate reorganization and creation of Latinex Holdings, which would own both companies. On February 2011, the SMV authorized the registry of Latinex Holdings' common stock and the new shares begun trading publicly.
Regulatory model
  • Bolsa de Valores de Panamá (BVP) is a private company registered under SMV as a Stock Exchange, which along with the local CSD Latin Clear (Central Latinoamericana de Valores) are under the same holding company. The holding company, Latinex Holdings, is also a listed company and its shares are listed in BVP. BVP is under SMV’s jurisdiction, and so, all activities are subject to SMV direct oversight. BVP is responsible for monitoring and overseeing market participants acting as members registered in BVP. BVP is also responsible and in charge of listing procedures that private companies must fulfill after having SMV public offering authorization. BVP provides SMV daily information of market operations and all other issues and documents required. BVP collaborates with the regulator for the local capital market development.
About the stock exchange
Location: Panama City, Panama.
  • BVP is the only stock exchange in Panama. Founded on June 26, 1990 and ended the first year with traded volumes of USD 3.3 MM. Latin Clear was created in 1997 as a stand-alone company. Since May, 2017, it has a direct integration project with El Salvador's Stock Exchange via the remote operator figure, which allows authorized brokerage houses to trade directly in the foreign exchange with the same benefits and obligations. In 2018, the BVP participated in the SSE's "Ring the Bell for Gender Equality".
Ownership of Exchange (Shares >4% only) Share
Latinex 100%