Name | Bolsa y Mercados de Valores de la Repblica Dominicana |
Country | Dominican Republic |
Number of listed companies | 36 |
Domestic market capitalization | 0 million US$ |
SSE Partner Exchange | Yes |
Has annual sustainability report | No |
ESG reporting required as a listing rule | No |
Has written guidance on ESG reporting | No |
Offers ESG related training | Yes In 2022, Bolsa y Mercados de Valores de la Repblica Dominicana provided training on Climate-related Financial Disclosures (TCFD recommendations) in collaboration with the SSE, CDP and IFC. (source) |
Market covered by sustainability-related index | No |
Has sustainability bond listing segment | Yes |
Has SME listing platform | No |
Women on boards mandatory minimum rule | No |
Additional information | |
Organizational model of stock exchange | For Profit |
Regulatory bodies | Superintendencia del Mercado de Valores de la Repblica Dominicana (SIMV) |
Regulatory model | Strong exchange SRO |
About the stock exchange | Founded in Santo Domingo in 1988 by Decree No. 544-88 as Santo Domingo Stock Exchange, Inc. Subsequently, Law 19-00 has a legal basis and a regulatory framework for this institution. The Exchange, in order to comply with the provisions of said Law, made the name change to the Bolsa de Valores de la Repblica Dominicana SA. On October 10, 2003, the Securities Superintendency granted the BVRD the authorization to operate and register with the Securities and Products Market Registry, after having complied with the requirements established in the Securities Market Law No.19-00 . BVRD is in charge of implementing and managing the operations of the stock market, and its main purpose is to facilitate the negotiation of securities, through the provision of infrastructure, services, technological means, norms and appropriate procedures to carry out transactions or operations of the market. It is currently one of the largest exchanges in the Caribbean region, offering listing, execution, market surveillance n and reporting services for sovereign and corporate fixed income operations and open and closed investment funds. La Bolsa y Mercados de Valores de la Repblica Dominicana, S.A. (BVRD) is the only stock exchange that operates in the Dominican Republic, offering services of listing and primary and secondary operations of public and private securities, and the registry of extra-stock transactions. |