As part of Depósito Central de Valores’ (DCV) 25th anniversary, Mario Marcel, President of the Central Bank; Joaquín Cortez, President of the Commission for the Financial Market (CMF); and Paul McKeown, Senior Vice president of market technology at Nasdaq, took part in the “Technology and the future of capital markets” seminar on October 2nd, in Santiago.
Chile Day 2018 brings together an important delegation and seeks to position Chile as an attractive destination for foreign investors.
The Chilean securities market requires depth and participation as one of the ingredients for its growth. We need more people to understand and trust the companies and institutions that are actors in the market, including our authorities and regulatory agencies. In this context, one relevant element for investors is a solid corporate governance, that each one has confidence in the decisions being taken in each entity to pursue their growth, comply with their strategic plan and the good practices of the respective industry. Also, each investor should be able to access information on the company, as shareholder thereof.
MILA is still the region principle market in terms of market capitalization, with US $ 940,202 MM USD.
Good practices in people management recommend recognising intangible (80%) over tangible (20%) achievements, so as to encourage our collaborators to achieve excellence through the implementation of a culture of recognition in the company.