Electronically signed document within the framework of Law No. 27269, Law on Signatures and Digital Certificates, its Regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml

Miraflores, 24 January 2023

CIRCULAR N° 063-2023-SMV/11.1

Señores
Risk Rating Companies
Presente.-

Ref.: File No. 2023001719

I address you in relation to the information submission obligations held by Risk Rating Companies (hereinafter, ECR), which fall within the scope of supervision and control of the Superintendency of the Securities Market – SMV, in accordance with applicable regulations.

In this regard, in order to facilitate compliance with your obligations, attached is the detail of the deadlines for submitting information during the 2023 fiscal year.

This is a reference document and therefore does not exempt your represented entity from its responsibility to know and observe securities market regulations and to fully comply with its obligations to submit the information applicable to it.

Without further ado, I remain at your service.

Atentamente,

Elsa Ginocchio Láinez Lozada
Intendente General (e)
General Superintendency of Conduct Supervision

CALENDARIO DE OBLIGACIONES DE INFORMACIÓN

I. MARCO NORMATIVO DE LAS ECR

1. OPERATIVIDAD

Ley del Mercado de Valores – Aprobado mediante Decreto Legislativo Nº 861 y sus modificatorias.
Normas Comunes a las Entidades que Requieren Autorización de Organización y Funcionamiento de la SMV – Aprobado mediante Resolución de Superintendencia Nº 00039-2016- SMV/01 y sus modificatorias.
Reglamento de Empresas Clasificadoras de Riesgo – Aprobado mediante Resolución SMV N° 032- 2015-SMV/01 y sus modificatorias.
Reglamento de Sanciones - Aprobado mediante Resolución de Superintendencia N° 035-2018-SMV/01.

2. INFORMACION FINANCIERA

1. CONASEV Resolution No. 103-99-EF/94.10 and its amending norms, which approve the Financial Information Regulations and the Manual for the Preparation of Financial Information.

2. SMV Resolution No. 016-2015-SMV/01, which approves the Rules on the Preparation and Presentation of Financial Statements and Annual Report by entities supervised by the SMV.

3. Superintendency Resolution No. 032-2015-SMV/01, which approves the Regulations for Risk Rating Companies.

4. SMV Resolution No. 044-2016-SMV/01, articles 7 and 8, numeral 9.5 of article 9, the first paragraph of numeral 12.2 of article 12, numeral 13.1.1. of article 13, article 20, numeral 21.3 of article 21 and the Sole Complementary Final Provision of the Regulation are amended.

5. SMV Resolution No. 035-2016-SMV/01, approves the “Specifications for the Submission of Financial Information – SMV 2016 Taxonomy”.

4. MEMORIA ANUAL

Reglamento de Empresas Clasificadoras de Riesgo – Aprobado mediante Resolución SMV N° 032- 2015-SMV/01 y sus modificatorias.
Ley General de Sociedades – Aprobado mediante Ley N° 26887.

5. ECONOMIC GROUP REPORT

Reglamento de Propiedad Indirecta, Vinculación y Grupos Económicos, aprobado mediante Resolución SMV Nº 019-2015-SMV-01 y sus modificatorias.

Electronic document digitally signed within the framework of Law No. 27269, Law on Signatures and Digital Certificates, its Regulation and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml

6. UPDATE AND MONITORING OF THE CLASSIFICATION

It is the obligation of the ECR to permanently monitor each risk classification granted to publicly offered debt securities, in accordance with the provisions of articles 280 and 290 of the LMV. The ECR must act with due diligence to request from the Issuer and become aware of all relevant information to comply with said obligation.

After the first classification of the publicly offered debt security, and within the framework of the obligation to permanently monitor each risk classification granted, the ECR must update the classification report at least twice (2) a year, by issuing and sending to the SMV the respective risk classification update reports, in accordance with the following scheme:

(i) Using the audited annual financial information, with the deadline for submission to the SMV and publication of this report being 31 May of each year.

(ii) Using the financial information as of 30 June or 30 September of each year, with the deadline for submission to the SMV and publication of this report being 30 November of each year.

Likewise, the classification reports must observe the content established in Annex 5 of the ECR Regulation.

II. INFORMATION TO BE SUBMITTED TO THE SMV

The ECR must keep their accounting and corporate books or records in accordance with the regulatory framework applicable to them and must submit their financial information to the SMV, in accordance with SMV Resolution No. 016-2015-SMV/01 and CONASEV Resolution No. 103-99-EF/94.10, or regulations that replace them, and with the other applicable complementary regulations.

A. INDIVIDUAL OR SEPARATE INFORMATION AND ANNUAL REPORT

Las ECR deben preparar sus estados financieros con observancia plena de las NIIF vigentes internacionalmente, y en lo que resulte aplicable, el Reglamento de Información Financiera y el Manual para la preparación de Información Financiera.
Presentar información financiera individual o separada auditada anual al 31 de diciembre de cada año.
Submit the income distribution table in accordance with Annex 7 of the Regulation, at the same time as the individual audited annual financial information.
The ECR must submit to the SMV their annual report in accordance with the content indicated in the General Corporations Law and the provisions of Annex 6 of the Regulation.

Electronic document digitally signed within the framework of Law No. 27269, Law on Digital Signatures and Certificates, its Regulation and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml

Type of information	Closing date	Mandatory Date	Deadline
Annual Audited Individual (or Separate) Financial Information	2022	On the same day of its approval	31/03/2023
Income distribution table		On the same date of submission of the 2022 annual audited financial statements	31/03/2023
Special audit report (1)		On the same date of submission of the individual or separate interim financial statements as of 30 June 2023	01/08/2023
Annual report		On the same day of its approval	31/03/2023

[1] Obligated subjects whose 2022 annual audited financial statements have a qualified opinion, adverse auditor's opinion, or when the auditor abstains from expressing an opinion.

B. INTERIM INDIVIDUAL OR SEPARATE INFORMATION

Submit their interim individual financial statements referred to 31 December 2022, 31 March, 30 June, 30 September and 31 December 2023, according to the following dates:

Type of information	Closing date	Mandatory Date	Deadline
Interim Individual (or Separate) Financial Information	31/12/2022	On the same day of its approval	15/02/2023
	31/03/2023		02/05/2023
	30/06/2023		31/07/2023
	30/09/2023		31/10/2023
	31/12/2023		15/02/2024

C. ANNUAL CONSOLIDATED FINANCIAL INFORMATION OF THE ULTIMATE NATIONAL PARENT

Submit the annual consolidated financial information of the ultimate national parent, according to the following:

Type of information	Closing date	Mandatory Date	Deadline
Annual Consolidated Financial Information of the Ultimate National Parent	2022	On the same day of its approval	02/05/2023

A v . S a n t a C r u z 3 1 5
M i r a f l o r e s
C e n t r a l : 6 1 0 -6300 www.smv.gob.pe
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D. INFORMATION ON ECONOMIC GROUP

In the event that any change occurs in the information reported on the economic group, the information must be updated and submitted at the same time and jointly with the Annual Report of the obligated subject.

Type of information	Closing date	Mandatory date
Economic group report	On the same date of submission of the 2022 Annual Report	31/03/2023

E. UPDATE OF RISK CLASSIFICATION REPORTS

The ECR must update the classification report at least two (2) times a year, by issuing the respective risk classification update reports, in accordance with the following dates:

Type of information	Closing date	Mandatory date
Risk classification reports based on audited financial information for fiscal year 2022	On the same date of its approval by the Classification Committee	31/05/2023
Risk classification reports based on financial information as of 30 June or 30 September 2023		30/11/2023

F. UPDATE OF INFORMATION IN RPMV

The ECR must keep the data required in the respective RPMV file updated.
The communications to update information must be sent by the ECR within three (3) days of the change occurring.

IMPORTANT NOTES:

Note 1: This calendar is a guide for the submission of information during fiscal year 2023 of a general and mandatory nature; it does not exempt obligated subjects from their responsibility to submit eventual information within the framework of the securities market regulations applicable to them.

Note 2: The deadlines are subject to the provisions of Art. 183, numeral 5, of the Peruvian Civil Code: “A deadline whose last day is a non-business day expires on the first following business day.”

Note 3: The information must: (i) be submitted completely; ii) be sent within the established deadlines; iii) comply with the respective specifications; and, (iv) have been approved by the respective corporate body, leaving a record thereof in the document accompanying the information.

Note 4: The information must be submitted through the MVNet System.

A v . S a n t a C r u z 3 1 5
M i r a f l o r e s
C e n t r a l : 6 1 0 -6300 www.smv.gob.pe

Circular N° 063-2023-SMV/11.1: Information Submission Deadlines for Risk Rating Companies