Prensa.com reports that “the new regulations reflect concerns about Panama‘s capital market in relation to a significant number of operational houses selling consulting services and developing activities in the forex market, without the need to obtain a license or approval by the Government “.

The requirements will force these houses to adhere to advertising standards with “parameters of objectivity” with the aim of providing customers in this market with information that is “clear, accurate and timely.”

On the other hand, it regulates the technological requirements to be used, because the forex market is driven primarily by digital technologies.

Source: Prensa.com