2026-01-16

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Adjunct Superintendent Resolution on Conduct Supervision No. 001-2026-SMV/11

The Superintendency of the Securities Market (SMV) declares the reconsideration appeal filed by Servicio de Agua Potable y Alcantarillado – SEDAPAL against Resolution No. 081-2025-SMV/11 unfounded. The decision upholds the imposition of a total fine of 10.59 UIT (S/ 54,348.50) on SEDAPAL for five minor infractions related to the late disclosure of material facts, including the call for an annual shareholders' meeting and various corporate clarifications. The SMV rejects SEDAPAL's arguments regarding the timing of disclosures and the application of the Sanctions Gradual Regime, confirming that the administrative sanctions are valid and final.

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