Likewise, sources from the agency indicated that “as a result of the exchange with various market players”, work is being done on improvements to the recent differentiated regime, aimed at medium-sized and family businesses. This intermediate private regime aims to promote the financing of firms that are not yet ready to go public.
In addition, the proposals received in the 2021 Public Consultation for the creation of the “double listing” regime are under evaluation. Along these lines, the CNV anticipated that the requirements for foreign companies will be relaxed.
First quarter data
The National Commission released a balance with the main data for the first quarter of 2022. In that period, thirteen companies issuing Negotiable Obligations (ON) were registered, of which eleven are new SMEs, and ten of them have already been guaranteed. While in 2021, revenues were four in the same period. This represents an increase of 83% of income from SMEs that were financed through the capital market. The agency also announced that thirteen new issuers are in the process of being authorized to enter the public offering regime, ten of which are SMEs and three are from the general regime.
The report also indicates that thirteen companies issued ON in pesos for an amount of $25,542,486,814. Likewise, an equal amount, mostly exporters, did so in dollars for an amount of US$497,935,036. Finally, in UVAS, a company did it for $5,758,872.
“So far this year, the Mutual Funds industry has grown by 18%, reaching managed assets of approximately 4.2 trillion pesos by 652 funds. The PYMES Funds experienced a growth of 8% so far this year, reaching managed assets of approximately $133,000 million, by 48 funds”, the document concludes.
Source: Ambito
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