Through Resolution SV.SG. No. 0022/2025, dated December 11, 2025, the Superintendency of Securities (“SIV”) of the Banco Central del Paraguay (“BCP”) approved the Regulation of the Central Information System for the Securities and Products Market (the “Regulation”), introducing changes to the current framework governing the submission of regulatory information.

The Central Information System is mandatory for broker-dealers, fund management companies, stock exchanges, central securities depositories, and other market entities and participants as determined by the SIV.

The Regulation establishes a single and mandatory standard for the submission of information by supervised entities. From an operational standpoint, the Central Information System operates as a centralized platform through which entities must submit their reports in standardized formats and in accordance with uniform technical specifications.

Additionally, the Regulation introduces stringent data quality standards, including the obligation to perform pre-submission validations, the automatic rejection of files containing critical errors, and requirements regarding the traceability and completeness of the information. In this regard, supervised entities will bear direct responsibility for the integrity, accuracy, and quality of the data submitted.