Regulatory Alerts2011-05-03
Added · Updated
CONASEV Resolution No. 032-2011
CONASEV partially upholds Yura S.A.'s appeal against Administrative Tribunal Resolution No. 020-2010-EF/94.01.3, overturning the censure for the late reporting of the agreement to delegate the authority to appoint external auditors. The resolution confirms the fine of 2.72 UIT (S/ 9,384.00) and ten censures for other late disclosures, including partial amortizations of corporate bond series and the submission of audited individual financial statements for the 2006 fiscal year. The decision rejects arguments regarding force majeure, market prejudice, and the applicability of single-censure criteria, while also dismissing claims of nullity regarding the internal sanction proposal report.
More like this from SMV
SMV published 15 documents in the last 30 days. We email you each new one the day it's published.