SUGEVAL
Grade D
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Requirements to get licensed
Main requirements
- Company Articles of Incorporation
- Detailed Business Plan
- Detailed Risk Control Plan
- Photocopies of passport details of shareholders, management, and other key personnel
- Residence registration documents for shareholders, executives, and important team members
- Professional references demonstrating expertise in foreign exchange operations
- Criminal record-free identification for shareholders, management, and key executives
- Detailed AML/CFT compliance materials
- Proof of identity and residency
- Bank and professional references
- Criminal background check
- Office address and website details
- Education, work experience, and reputation of top officials
- Internal AML/CFT policies and procedures
About this regulator
SUGEVAL, or the Superintendencia General de Valores, is the Costa Rican government agency responsible for the regulation and supervision of the securities market in Costa Rica. Its main functions include ensuring the proper functioning, development, and stability of the securities market, protecting investors, and promoting transparency and fair practices within the market. SUGEVAL oversees various market participants, including securities issuers, brokers, and investment advisors, ensuring they comply with the legal and regulatory framework established to safeguard the interests of investors ...
Companies holding this license
Companies on record, each linking to its verification page.