We arey a private non-profit organization that regulates, monitors, disciplines and professionalizes the Colombian securities market.
We work together with the intermediaries of the securities and foreign exchange markets, and in coordination with government authorities, to promote best practices, protect investors and enhance market transparency.
Self-regulation arose in Colombia from the market’s need to proactively raise its standards, to assure integrity, transparency and especially to increase investor confidence and trust.
This effort by market participants became a reality in 2006, when Autorregulador del Mercado de Valores de Colombia (AMV, the Colombian Securities Market Self-regulator) was established, in the terms set out in Law 964/2005 and Decree 1565/2006 (currently incorporated in Decree 2555/2010). These laws define the functions of AMV and establish that those who engage in securities intermediation activities must self-regulate in order to be able to perform activities in this market.
In 2009, the General Meeting of Members of AMV acknowledged the importance of establishing a voluntary self-regulation arrangement for the foreign exchange market, and on October 15, 2020, pursuant to Decree 039/2009, Autorregulador del Mercado de Valores launched the voluntary self-regulation arrangement for the foreign exchange Market.
What we do:
Regulation: Together with our members, we develop regulations aimed at establishing best practices, clarifying regulatory voids and promoting a market that is fuller and more developed.
Supervision: With a preventive approach, we monitor the securities and foreign exchange markets in real time and periodically supervise the entities included in the self-regulation framework. Our objective is to identify risks and avoid situations that could affect the integrity and best practices of market agents.
Discipline: We seek to dissuade misconduct in the securities and foreign exchange markets through fair and effective disciplinary management
Professionalization: We certify finance professionals who participate in activities related to the securities and foreign exchange markets in Colombia. We contribute to the professionalization of these markets through a certification process that ensure the suitability of the people involved in them. We also contribute to the financial literacy of current and future investors through our Financial Education Program.