Regulatory Alerts2025-12-30
Added · Updated
Adjunct Superintendent Resolution on Prudential Supervision No. 062-2025-SMV
The Superintendence of the Securities Market (SMV) declares the reconsideration appeal filed by Promotores e Inversiones Investa S.A. Sociedad Agente de Bolsa (INVESTA SAB) unfounded, thereby upholding the sanction of a reprimand imposed for the late submission of its individual financial statements for May 2021. The decision rejects the argument that the late filing did not harm market transparency or investor rights, affirming that any submission outside the statutory 30-day deadline constitutes a regulatory violation. The ruling also dismisses the claim that Article 28 of the Sanctions Regulation, which excludes voluntary remediation as a defense for late financial reporting, was inapplicable during the period in question.
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