A recent opinion issued by the Superintendency of the Securities Market of Panama redefines the scope of cross-border private placements, granting greater flexibility to issuers and strengthening the competitiveness of the local financial market.

On this matter, the latest edition of The Legal Industry Reviews features the article by our partner Roberto De Araujo López and our associate Daniel E. Polonsky, “Regulatory Criteria for Cross-Border Private Placements”, where they explain how this interpretation opens the door to broader investor participation without losing the private nature of the offers.

We invite you to read the full article (Available content only in Spanish)