On September 6, the National Securities Superintendency (Sunaval) published a circular updating the requirements for the registration of legal entities in the Caracas Stock Exchange (BVC). The measure seeks to make participation in the securities market more flexible so as to promote financing through this mechanism. The measure is already in force.
The three documents to be delivered at the time of registration with the BVC are: a copy of the Tax Information Registry (RIF, for its acronym in Spanish) of the company; a copy of the entity’s legal representative’s Identity Card and tax details, and a copy of the company’s statutes. In the case of legal entities not domiciled in the country, all documents must be translated into Spanish by a sworn translator.