Aiming to protect investors and to maintain a fair, organized and efficient securities market, on July 18, 2017, Law 5,810/17 was enacted to replace Law 1,284/98 "On the Securities Market" (Del Mercado de Valores) and, among other things, to effectively prevent and punish wrong conducts in the securities market by establishing administrative and criminal sanctions.
The Investment Promotion Authority (IPA) has issued an ultimatum to all companies operating in Papua New Guinea (PNG) who have outstanding Annual Returns.
On December 19, 2016, the Law of Modernization and Strengthening of the Norms that Regulate the Functioning of the Paraguayan Financial System (Law 5.787/16) was promulgated.
The Executive Branch began a process to modernize the procedures that precede the registration of corporations and limited liability companies in the corresponding sections of the Public Registries Office.
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