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The agency was established in 1923 as a banking regulator, by Law 45. Article 19 of this law appointed a Chief
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functions of inspection, monitoring and control of persons involved in the following sectors: financial, securities, insurance and any other related to the management and investment of resources collected from the public.
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and market systems in order to preserve stability, security and confidence, and to promote, organize and develop the securities market. It is also mandated to provide investor protection for depositors and policyholders.
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List of financial regulatory authorities by jurisdiction
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