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Panama improves good business practices

Wednesday, October 30, 2013

Panama is improving in good business practices, after authorities promoted the 2-2012 agreement.

The accord forces companies to declare transactions worth 10 percent of their total assets as significant, down from 20 percent.

Alejandro Abood Alfaro, the country's stock market superintendent, said the initiative gives greater protection to investors.

Source (in Spanish): Panamá América