The Bolsa de Valores y Productos de Asunci\u00f3n S.A. (BVPASA) has issued, with the prior approval of the Comisi\u00f3n Nacional de Valores (CNV), the following resolutions:<\/p>\n\n\n\n
1. Resolution BVPASA No. 1878\/19, which establishes the Regulations of the Bolsa de Valores y Productos S.A. as an Institution authorized to keep the Register of Deeded Shares.<\/p>\n\n\n\n
2. Resolution BVPASA No. 1879\/19, which establishes the Operating Regulations of the Bolsa de Valores y Productos de Asunci\u00f3n S.A. for the registration, deposit, custody, trading, clearing and settlement of dematerialized shares.<\/p>\n\n\n\n
With the issuance of the aforementioned regulations, the Electronic Register of Book-Entry Shares of the BVPASA was authorized by the CNV to keep such register, and the Sociedades An\u00f3nimas Emisoras de Capital Abierto (S.A.E.C.A.) may proceed with the dematerialization of their shares, which will be represented by book entries, through their dematerialized issuance in the primary market or through the conversion of the physical or paper securities into book entries.<\/p>\n\n\n\n
The aforementioned resolutions are evidence of a regulatory update that will strengthen the Paraguayan Securities Market, therefore it is important to highlight their issuance.<\/p>\n\n\n\n
It is worth mentioning the active participation of Cynthia Fatecha, member of Vouga Abogados, in advising the Bolsa de Valores y Productos de Asunci\u00f3n S.A. in the issuance of the aforementioned resolutions.<\/p>\n\n\n\n