Cooperation agreement between the CNV and the CNAD of El Salvador

On October 12, 2024, the National Securities Commission (Comisión Nacional de Valores, CNV) issued an update regarding a cooperation agreement between the CNV and the Comision Nacional de Administradoras de Fondos de Inversion (CNAD) of El Salvador. The agreement aims to promote integrity, efficiency, and financial solidity of supervised entities, improving effective regulation, and preventing fraudulent practices. The CNV's President highlighted El Salvador's leadership in using Bitcoin and digital assets, while emphasizing the need for collaboration and mutual experience-sharing between the two regulatory bodies.