Castillo y Castillo advises on first financing of Dominican investment fund for tourist complex

This is an innovative investment vehicle for the development of real estate projects in Dom. Rep.
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The new Securities Market Law No. 249-17 repeals Law No. 19-00

All activities and services regulated by Law 249-17 and its regulations are exclusive of the securities market.
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Reliable Proof now required for Registration of Share subscriptions or transfers

The new provision applies for the registries exceeding 250,000.00 Dominican pesos.
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