First of all the External circular 010 of 2024 extends the scope of the procedure binding simplified transition of clients to low transaction cost investments in any type of security, not just equities, including other assets such as bonds and securities representing shares in collective investment funds (FIC).
In that sense, the borders established for low-cost operations in valuescollective investment funds and voluntary pension funds, ranging from 66,000 UVR to 25 current legal minimum wages per month, Smlmv, with the possibility of increasing the threshold to 40 Smlmv, meeting a number of requirements and maintaining the standards of risk management related to money laundering and financing to the terrorism.
The standard has also updated the instructions regarding security systems. routing electronic orders in operations purchase and sale of securitiesto promote the use of mechanisms of self-management in these investments, which helps eliminate unnecessary burdens, allowing new investors to be attracted to the market more quickly and efficiently.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
