Examples of Superintendencia Financiera in a sentence
Average for each year of the short-term composite reference rate, as calculated by the Superintendencia Financiera (Financial Superintendency).
The Final Settlement Price shall be calculated on the business day after the Last Trading Day, based on the Last Trading Day at the reciprocal of the Colombian official exchange rate: “Rate of Exchange Representative of Market” – TRM (also known as the Colombian Peso Index) as published by Superintendencia Financiera de Colombia, a division of the Central Bank of Colombia on the Last Trading Day of the contract month or as specified by the Exchange.
Source: Author’s calculations based on information published by Superintendencia Financiera de Colombia.
Source: Economatica2 – Rankings based on gross loans as reported to the Superintendencia de Bancos e Instituciones Financieras (SBIF), excluding loans from Itaú CorpBanca Colombia, and Superintendencia Financiera de Colombia (SFC).
If fiscal policy multipliers vary over the business cycle then procyclical fiscal policy will have small effects during expansions but could be quite damaging during recessions (Auerbach and Gorodnichenko (2011) or Jordà and Taylor (2016)).
Once the liquidation has been duly concluded, its final approval shall be requested from the Superintendencia Financiera (Superintendency of Finance).
As a response, Colombia’s financial regulator, the Superintendencia Financiera de Colombia (SFC), pushed for a major reform of the risk management systems of Colombian banks.12 In particular, the SFC required banks to implement a risk management system known as Sistema de Administracion de Riesgo de Credito (henceforth we refer to the system as “SARC”).
The Company is subject to sole control by the Financial Superintendence of Colombia (Superintendencia Financiera de Colombia), being registered in the National Registry of Securities and Issuers (RNVE) as issuer of securities.
The General Meeting of Shareholders shall be called and it shall meet on the dates, manner and terms prescribed for the regular meetings, and special meetings whenever it is called by the liquidator, the External Auditor, the Superintendencia Financiera (Superintendency of Finance), or when requested by a plural number of shareholders representing not less than twenty per cent (20%) of the issued stock.
The payment of dividends in cash or kind, of the shares that are traded on the Colombian Stock Exchange (Bolsa de Valores de Colombia - BVC) is regulated by External Circular No. 13 of 1998, with its amendments, or any other one that may modify or substitute it, issued by the Financial Superintendence Office of Colombia (Superintendencia Financiera de Colombia - “SFC”), which has regulated the ex-dividend period for determining the corresponding dividend.