Regulatory Alerts2026-01-08
Superintendence Resolution No. 002-2026-SMV/10
The Peruvian Superintendence of the Market and Securities imposed a fine of 100 UIT on Plan Rentable Perú S.A.C. for twelve infractions ranging from very serious to minor violations of operational and reporting requirements. The authority determined that one specific serious infraction was subject to the principle of non-retroactivity under the General Administrative Procedure Law, necessitating the archiving of that part of the administrative sanctioning procedure. This resolution formally records the sanctions applied and the legal basis for dismissing the retroactive charge against the collective fund administrator.
Superintendence Resolution No. 002-2026-SMV/10 January 8, 2026
Plan Rentable Perú S.A.C., formerly Collective Fund Administrator, is sanctioned with 100 UIT for having committed twelve (12) infractions: three (3) very serious infractions typified in Annex I, item 1, clause 1.18; Annex I, item 1, clause 1.1; and Annex XIII, item 1, clause 1.1; eight (8) serious infractions typified in Annex XIII, item 2, clauses 2.7, 2.8, 2.12, and 2.16; and one (1) minor infraction typified in Annex XIII, item 3, clause 3.7, for failing to comply with a requirement that gave rise to its operating authorization, conducting operations without meeting the requirements established in regulations, disposing of collective fund resources, maintaining incomplete member records, delivering money or other assets to awarded members, not annulling awards in the face of member non-compliance, not presenting financial information in accordance with corresponding accounting standards, not considering a member in the quarterly draw for return of contributions, improperly applying the purchase certificate awarded for the payment of overdue installments; and for not delivering the assembly calendar to a member, respectively.
It is declared that Plan Rentable Perú S.A.C., formerly Collective Fund Administrator, committed one (1) serious infraction typified in Annex XIII, item 2, clause 2.16 of the Sanctions Regulation, to which the principle of non-retroactivity collected in item 5 of article 248 of the Single Consolidated Text of the General Administrative Procedure Law corresponds; and therefore, the archiving of the administrative sanctioning procedure.
Resolution SASP No. 002-2026-SMV_ PDF 819.9 KB Download