Quarterly Reports Mailbox

Use Cases:

1.1 Quarterly requirements established by regulations.
In this mailbox, the quarterly requirements of Art. 15 and 16 of the Digital Asset Service Providers Regulation (RPSAD), Art. 21, section m) of the LEAD, and Art. 28 of the Regulation on the Registration of Issuers and Public and Private Offerings (RREEPP) must be submitted. These reports apply only to DASPs and must be submitted within the first 20 business days of April, July, October, and January. The use of this mailbox is effective starting with the submission corresponding to Q2/2025.

Art. 15 RPSAD (Applies to all DASPs):
Refers to information on public offerings authorized by CNAD and traded through their platforms, including:
a) Name of the Issuer; b) Name of the digital asset traded; c) Name of the project; d) Start date of commercialization; e) Technical and commercial characteristics of the digital assets; f) Evolution of inherent product risks and their management since the last report submitted to CNAD.
If the DASP does not trade public offerings authorized by CNAD, it must explicitly state so and not simply omit its response to this requirement.

Art. 16 RPSAD (Applies to all DASPs):
Refers to the details of stablecoins admitted for trading in their digital wallets or platforms, including at least:
a) Name of the issuer; b) Name of the stablecoin; c) Name of the project; d) Start date of commercialization; e) Technical and commercial characteristics of the stablecoin; f) Evolution of inherent product risks and their management since the last report submitted to CNAD.
If the DASP does not trade stablecoins, it must explicitly state so and not simply omit its response to this requirement.

Art. 21, section m LEAD (Applies to all DASPs):
Prices and fee concepts for the services offered, including all types of commissions and specific charges, with their respective detailed descriptions.
If the DASP is not yet operating and therefore does not have fees, commissions, or charges in effect, it must explicitly state so and not simply omit its response to this requirement.

Art. 28 RREEPP (Applies to DASPs that trade private offerings):
Refers to the registry of purchasers of private offerings authorized by CNAD, including:
a) Date and amount of the transaction; b) Token name; c) Project name; d) Public address; e) Name of the purchaser; f) Transaction hash of the token transfer.
In this case, a certificate signed by the DASP’s legal representative must be attached, affirming that each project’s private offering has not been directed to more than 50 investors, all meeting the criteria to be considered qualified investors as required by Article 24 of the RREEPP.
If the DASP does not trade private offerings, it must explicitly state so and not simply omit its response to this requirement.

1.2 Quarterly Financial Statements.
Additionally, as of Q3/2025, this mailbox will include an additional item for receiving the requirement set forth in CIRCULAR-003-2025 dated April 04, consisting of the submission of Financial Statements (Balance Sheet and Income Statement) at the close of each quarter. This applies to all DASPs and Certifiers, with the same deadline of the first 20 business days of April, July, October, and January.
It should be clarified that the Financial Statements of Q2/2025 will be the last ones received via email at regulacion@cnad.gob.sv.