Colombia s financial regulator launches fintech sandbox thepaypers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepaypers.com Daily Mail and Mail on Sunday newspapers.
Moving from ambition to action toward a greener financial system
Reaching net-zero emissions and other climate-related and environmental goals will require significant investments to enable decarbonization and innovation across all sectors of the economy. Greening the financial system is key to making these investments happen.
Many countries are still at a nascent stage of greening their financial sector shifting to a financial system which mobilizes capital toward green objectives and addresses climate-related and environmental financial risks. Green finance all lending and investment that contributes to these goals has not been able to reach the scale required. Still, the policy landscape is rapidly evolving, with new initiatives and regulations emerging across the world.
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BOGOTÁ, Colombia, May 18, 2021 /PRNewswire/ Since the beginning of global vaccination efforts, many countries have identified the need to generate a digital passport that would facilitate and improve the transition to a post-pandemic world in an effective, safe and transparent way. In Colombia, this is now possible due to the partnership of the health sector, with Auna Ideas, and the financial sector, with Davivienda. Jointly, they have developed a tool capable of generating user-friendly, reliable, and simple experiences for patients. Users will go from having a paper certificate to a digital certificate, developed and backed by Koibanx and Algorand, that is easily verifiable and accessible,
Mar 4, 2021
With its âLaAreneraâ program, Colombia is embracing the integration of bitcoin with its regulated financial institutions.
Colombia has authorized eight bitcoin exchanges for regulatory sandbox testing to start this month.
The Financial Superintendency of Colombia (FSC) recently authorized nine alliances between local, regulated banks and cryptocurrency exchanges. The initial partnerships are reportedly going to include: Bancolombia with Gemini; Davivienda and Powwi with Binance; Banco de Bogotá with Bitso and Buda; Coltefinanciera with Obsidiam; Coink with Banexcoin; and Movii with Panda and Bitpoint.
Since 2020, the FSC has been focused on exploring the use of bitcoin in the country. Late last year, it published an official note to clarify that there are no prohibitions against companies in the country using their funds to buy bitcoin.
Ecopetrol adopts measures to guarantee the adequate representation of the Shareholders at the 2021 Ordinary General Shareholder s Meeting
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BOGOTA, Colombia, Feb. 23, 2021 /PRNewswire/ Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) reports that in order to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by the Financial Superintendency of Colombia (SFC for its Spanish acronym) (E.C. 029 of 2014), the Board of Directors of Ecopetrol S.A. ( Ecopetrol or the Company ) approved the implementation of the following measures aimed at guaranteeing the adequate representation of shareholders at the Ordinary General Shareholder s Meeting (the Meeting ) to be held on March 26, 2021: