October 24th/2023. Through Resolution 40622 dated October 17, 2023 (hereinafter the “Resolution”), the Ministry of Mines and Energy (referred to as the ” MME”) revoked the articles of Resolution 181495 of 2009 regarding the temporary suspension...
October 3rd/2023. At the end of August, the Superintendency of Finance (SFC) published for comments a draft circular that temporarily modifies Chapter XXXI SIAR of the Basic Accounting and Financial Circular (CBCF as per its acronym in Spanish). The current...
October 3rd/2023. On August 29th, the Financial Regulation Unit (URF) published an updated version of the Regulatory Agenda 2023-2024. This version, like the original, is divided into four main areas: financial inclusion, financing mechanisms, prudential standards,...
October 3rd/2023. On August 29, 2023, the URF published a draft of decree that aims to adapt the regulatory order related to insurance for the application of the accounting standard IFRS 17 “insurance contracts” accounting standard, which establishes the...
October 3rd/2023. On August 29, 2023, the URF published a draft of decree that amends Decree 2555 of 2010 in order to modify the regime of technical reserves of insurance companies to harmonize the regulations with the IFRS 17 “Insurance Contracts”...
