Electronic Compliance Object · Panama
What an agent must know before it acts on a security listed in Panama: who regulates, where the filings are stored, what is due when, and which state the issuer is in.
| Field | Value | Source |
|---|---|---|
| Regulator | Superintendencia del Mercado de Valores (SMV) de Panama www.supervalores.gob.pa | www.supervalores.gob.pa |
| Exchange(s) and listings page | Bolsa Latinoamericana de Valores, S.A. (Latinex) — latinexbolsa.com/es/acceso-al-mercado/emisores/listado-de-emisores | www.latinexbolsa.com |
| Regulated-information store | SMV 'Hechos de Importancia y Suplementos' and 'Estados Financieros e Informes de Actualizacion' (filings arrive via the Sistema Electronico de Remision de Informacion, SERI); Latinex also publishes hechos relevantes supervalores.gob.pa/hechos-de-importancia-y-suplementos | supervalores.gob.pa/estados-financieros-e-informes-de-actualizacion |
| Periodic disclosure obligations and deadlines | IN-A Informe de Actualizacion Anual (annual) — deadline: Dentro de los 3 meses siguientes al cierre del periodo fiscal correspondiente IN-T Informe de Actualizacion Trimestral (quarterly) — deadline: Dentro de los 2 meses siguientes al cierre del periodo correspondiente a reportar | supervalores.gob.pa/preguntas-mas-frecuentes/ (FAQ question 22) |
| Ad hoc / inside-information regime | Hechos de Importancia filed via SERI 'al dia habil siguiente a la ocurrencia del hecho, cuando este sea irreversible' (next business day after an irreversible event) | supervalores.gob.pa/preguntas-mas-frecuentes/ (FAQ question 32) |
| Filing format | PDF, as a single document, submitted through SERI for IN-A and IN-T ('en formato pdf, como un solo documento') | supervalores.gob.pa/preguntas-mas-frecuentes/ (FAQ questions 28-29) |
| ISIN prefix | PA - national numbering agency: Bolsa Latinoamericana de Valores, S.A. (Latinex) | www.anna-web.org/anna-members |
| LEI | No Panama-based LEI issuing organization appears in GLEIF's list of current LEI issuers (41); an entity may use any issuer accredited for its jurisdiction. Local regulatory LEI requirement not read. www.gleif.org/en/lei-data/gleif-concatenated-file/lei-issuers-original-sources | www.gleif.org/en/lei-data/gleif-concatenated-file/lei-issuers-original-sources |
| Market calendar | Latinex 'Calendario de dias no bursatiles' (weekends plus certain public holidays; 2025 and 2026 calendars as downloadable PDFs, plus Fiestas Patrias 2026 schedule memo). Specific 2026 dates only in the PDFs, not read latinexbolsa.com/es/actividad-bursatil/calendario-de-dias-no-bursatiles | latinexbolsa.com/es/actividad-bursatil/calendario-de-dias-no-bursatiles |
| Filing language(s) | not found | pages checked: supervalores.gob.pa/preguntas-mas-frecuentes/ (no language requirement stated; guidance in Spanish) · supervalores.gob.pa/estados-financieros-e-informes-de-actualizacion |
| Trading halts page | not found | pages checked: www.latinexbolsa.com/ (no halts link; nearest is Hechos de importancia) · www.supervalores.gob.pa/ (only 'Licencias Canceladas, Suspendidas, Revocadas o en Liquidacion' - licence suspensions, not trading halts) |
| Store lookup | SMV 'Listado de Emisores con valores registrados' and Hechos de Importancia search ('Buscar' / 'Busquedas Avanzada'); Latinex hechos relevantes supervalores.gob.pa/listado-de-emisores-con-valores-registrados | www.supervalores.gob.pa |
| Node status and door | NODE OPENING · store: SMV 'Hechos de Importancia y Suplementos' and 'Estados Financieros e Informes de Actualizacion' (filings arrive via the Sistema Electronico de Remision de Informacion, SERI); Latinex also publishes hechos relevantes | the node opens on order; until then the store is the record |
| Signal | State | When |
|---|---|---|
| ACM-200 | TRADING | The ISIN is on this market's register (the node's current roster for the exchange list). |
| ACM-403 | HALTED | Trading in the line is suspended or halted by the exchange or regulator. The node's record carries the halt flag, read nightly from the market's halts page named in the fields. |
| ACM-404 | NOT ON THE REGISTER | The ISIN is not on this market's register (not listed here, delisted, or never admitted). |
| ACM-451 | READ THE FILING | A regulatory filing for the issuer is dated in the last three days: read it before acting. The answer names it. |