Superfinanciera Gives Green Light To Market Regulator

Colombia’s financial watchdog, Superfinanciera, has given the go-ahead to the securities market to establish its own market regulator, the AMV. The entity, the first of its kind in Latin America, will monitor and prevent market misconduct among its members. The supervision commission has elected Mauricio Rosillo Rojas – former head of regulation at the ministry of finance – as its president.