Through Resolution SV. SG. No. 013/2026, dated August 3, 2026, the Superintendence of Securities (“SIV”) mandated the use of the Persons Database of the Central Bank of Paraguay as the sole source of identification for individuals and legal entities in the securities market and approved the Regulation on the Identification and Registration of Persons in the Securities and Products Market (the “Regulation”).

The Regulation applies to brokerage firms, investment fund management companies, stock exchanges, securities depositories, and other entities and market agents participating in the Securities Market Information Center. These entities must use the unique identifier assigned in the Persons Database to identify the individuals covered by the Regulation in regulatory information submitted to the SIV.

Before requesting the registration of a person, the responsible entity must verify whether such person is already registered in the Persons Database. The registration must be approved before the person or their account becomes operational, their first transaction is executed, or they are included in a regulatory report. Likewise, any modifications must be initiated within two (2) business days after the entity becomes aware of the change or inconsistency and has the necessary supporting documentation.

Finally, the SIV will establish an initial phase for the registration and regularization of pre-existing records, the terms and conditions of which will be determined by Circular. The Regulation has been in force since the publication of the Resolution, while the date from which all identifiers included in information submitted through the Information Center must correspond to valid records in the Persons Database will be determined by the SIV.