Panama Brokerage House License
Desfran provides a turnkey solution for financial licensing. To facilitate your process of applying for a Panama Brokerage House license, we will:
- Promote your application to the Panama regulators
- Assist with answering questions regarding the application process and requirements
- Draft and review application documents and questionnaires
- Follow up with the application and ensure the submission of additional information required by the related departments in Panama
Applicants must have a paid-up capital of at least USD 150,000. Be exclusively dedicated to activities related to the broker-dealer house business.
Local operational office and registered agent is required.
|Requirements & Other Information|
Desfran shall seek to understand your business activities and goals to assist with your business plan drafting that best encompasses this whilst still being compliant to the prevailing regulations. Desfran shall also advise on the possible questions that might be posed by the regulator.
Due Diligence is necessary to formally verify the identity of all clients of the firm. The following documents are required to conduct due diligence for the license application:
The Superintendence of the Stock Market of Panama (SMV) is created, as an autonomous entity of the State, with legal status, own assets and administrative, budgetary and financial independence, with exclusive competence to regulate and supervise issuers, investment companies, intermediaries and other participants in the securities market.
Desfran assists with the complete licensing application. Contact us to find out more about the Panama company registration and forex license application. Our team of experts will get back to within the next business day.